Statizoid

Panama vs Tanzania: Military spending

Panama
1.04 billion constant 2022 US$
in 2023
Tanzania
1.03 billion constant 2022 US$
in 2023
Panama rank
87th
Tanzania rank
88th

Military spending over time

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

How they compare

Panama currently reports 1.04 billion constant 2022 US$ against 1.03 billion constant 2022 US$ in Tanzania, a difference of 6.30 million constant 2022 US$.

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.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.