Panama vs Uganda: Military spending

Panama
1.04 billion constant 2022 US$
in 2023
Uganda
1.15 billion constant 2022 US$
in 2023
Panama rank
87th
Uganda rank
84th

Military spending over time

  • Panama
  • Uganda
0250.0M500.0M750.0M1.0B1.2B190319632023

How they compare

Uganda currently reports 1.15 billion constant 2022 US$ against 1.04 billion constant 2022 US$ in Panama, a difference of 110.76 million constant 2022 US$.

That makes Uganda's figure about 1.1 times Panama's.

The two have swapped places 7 times across 62 shared years of data; in 1962 it was Panama ahead.

Panama ranks 87th and Uganda ranks 84th 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.