Belize vs Panama: Military spending per military personnel
Belize
15,686 constant 2022 US$
in 2022
Panama
14,277 constant 2022 US$
in 1999
Belize rank
130th
Panama rank
133rd
Military spending per military personnel over time
- Belize
- Panama
How they compare
Belize currently reports 15,686 constant 2022 US$ against 14,277 constant 2022 US$ in Panama, a difference of 1,409 constant 2022 US$.
That makes Belize's figure about 1.1 times Panama's.
The two have swapped places 1 time across 19 shared years of data; in 1981 it was Panama ahead.
Belize ranks 130th and Panama ranks 133rd of 170 countries.
Across the 2 decades both report, Belize averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Belize | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9,324 constant 2022 US$ | 14,378 constant 2022 US$ | 5,055 constant 2022 US$ | Panama |
| 1990s | 16,103 constant 2022 US$ | 14,440 constant 2022 US$ | 1,663 constant 2022 US$ | Belize |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending per military personnel, Belize or Panama?
- Belize, at 15,686 constant 2022 US$ against 14,277 constant 2022 US$ in Panama as of 2022.
- What is the difference in military spending per military personnel between Belize and Panama?
- 1,409 constant 2022 US$, with Belize ahead.
- How many years of comparable data are there for Belize and Panama?
- 19 years are reported by both, from 1981 to 1999.
- How do Belize and Panama rank globally for military spending per military personnel?
- Belize ranks 130th and Panama ranks 133rd of 170 countries.
- Where does this data come from?
- Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as Military spending per military personnel. 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.