Panama vs Zimbabwe: Military spending per armed forces personnel

Panama
0 constant 2024 US$
in 2020
Zimbabwe
2,069 constant 2024 US$
in 2020
Panama rank
158th
Zimbabwe rank
155th

Military spending per armed forces personnel over time

  • Panama
  • Zimbabwe
05.0k10.0k15.0k198520022020

How they compare

Zimbabwe currently reports 2,069 constant 2024 US$ against 0 constant 2024 US$ in Panama, a difference of 2,069 constant 2024 US$.

The two have swapped places 1 time across 28 shared years of data; in 1989 it was Panama ahead.

Panama ranks 158th and Zimbabwe ranks 155th of 160 countries.

Across the 5 decades both report, Panama averaged higher in 2 and Zimbabwe in 3.

Head to head by decade

Decade Panama Zimbabwe Difference Ahead
1980s 13,675 constant 2024 US$ 715.27 constant 2024 US$ 12,960 constant 2024 US$ Panama
1990s 14,675 constant 2024 US$ 591.14 constant 2024 US$ 14,084 constant 2024 US$ Panama
2000s 0 constant 2024 US$ 1,378 constant 2024 US$ 1,378 constant 2024 US$ Zimbabwe
2010s 0 constant 2024 US$ 1,411 constant 2024 US$ 1,411 constant 2024 US$ Zimbabwe
2020s 0 constant 2024 US$ 2,069 constant 2024 US$ 2,069 constant 2024 US$ Zimbabwe

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending per armed forces personnel, Panama or Zimbabwe?
Zimbabwe, at 2,069 constant 2024 US$ against 0 constant 2024 US$ in Panama as of 2020.
What is the difference in military spending per armed forces personnel between Panama and Zimbabwe?
2,069 constant 2024 US$, with Zimbabwe ahead.
How many years of comparable data are there for Panama and Zimbabwe?
28 years are reported by both, from 1989 to 2020.
How do Panama and Zimbabwe rank globally for military spending per armed forces personnel?
Panama ranks 158th and Zimbabwe ranks 155th of 160 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as Military spending per armed forces personnel. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.