Panama vs Tanzania: Military spending gmsd

Panama
1.04 billion
in 2023
Tanzania
1.03 billion
in 2023
Panama rank
87th
Tanzania rank
88th

Military spending gmsd over time

  • Panama
  • Tanzania
0250.0M500.0M750.0M1.0B190319632023

How they compare

Panama currently reports 1.04 billion against 1.03 billion in Tanzania, a difference of 6.30 million.

The two have swapped places 3 times across 63 shared years of data; in 1961 it was Tanzania ahead.

Panama ranks 87th and Tanzania ranks 88th of 172 countries.

Across the 7 decades both report, Panama averaged higher in 2 and Tanzania in 5.

Head to head by decade

Decade Panama Tanzania Difference Ahead
1960s 11.20 million 48.84 million 37.64 million Tanzania
1970s 50.51 million 381.26 million 330.76 million Tanzania
1980s 153.28 million 325.25 million 171.96 million Tanzania
1990s 170.24 million 193.74 million 23.50 million Tanzania
2000s 226.28 million 242.43 million 16.14 million Tanzania
2010s 757.80 million 552.13 million 205.68 million Panama
2020s 1.02 billion 991.18 million 25.64 million Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending gmsd, Panama or Tanzania?
Panama, at 1.04 billion against 1.03 billion in Tanzania as of 2023.
What is the difference in military spending gmsd between Panama and Tanzania?
6.30 million, with Panama ahead.
How many years of comparable data are there for Panama and Tanzania?
63 years are reported by both, from 1961 to 2023.
How do Panama and Tanzania rank globally for military spending gmsd?
Panama ranks 87th and Tanzania ranks 88th of 172 countries.
Where does this data come from?
Our World in Data, published as Military spending gmsd. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Tanzania: Military spending gmsd. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/panama/tanzania/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed