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
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$.
The two have swapped places 3 times across 63 shared years of data; in 1961 it was Tanzania ahead.
Panama ranks 87th and Tanzania ranks 88th of 172 countries.
Across the 7 decades both report, Panama averaged higher in 2 and Tanzania in 5.
Head to head by decade
| Decade | Panama | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 11.20 million constant 2022 US$ | 48.84 million constant 2022 US$ | 37.64 million constant 2022 US$ | Tanzania |
| 1970s | 50.51 million constant 2022 US$ | 381.26 million constant 2022 US$ | 330.76 million constant 2022 US$ | Tanzania |
| 1980s | 153.28 million constant 2022 US$ | 325.25 million constant 2022 US$ | 171.96 million constant 2022 US$ | Tanzania |
| 1990s | 170.24 million constant 2022 US$ | 193.74 million constant 2022 US$ | 23.50 million constant 2022 US$ | Tanzania |
| 2000s | 226.28 million constant 2022 US$ | 242.43 million constant 2022 US$ | 16.14 million constant 2022 US$ | Tanzania |
| 2010s | 757.80 million constant 2022 US$ | 552.13 million constant 2022 US$ | 205.68 million constant 2022 US$ | Panama |
| 2020s | 1.02 billion constant 2022 US$ | 991.18 million constant 2022 US$ | 25.64 million constant 2022 US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Panama or Tanzania?
- Panama, at 1.04 billion constant 2022 US$ against 1.03 billion constant 2022 US$ in Tanzania as of 2023.
- What is the difference in military spending between Panama and Tanzania?
- 6.30 million constant 2022 US$, 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?
- Panama ranks 87th and Tanzania ranks 88th of 172 countries.
- Where does this data come from?
- Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.