{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1989-01-01","value":13675.2},{"date":"1990-01-01","value":12390.3},{"date":"1991-01-01","value":12060.8},{"date":"1992-01-01","value":12954.4},{"date":"1993-01-01","value":15579.8},{"date":"1994-01-01","value":16321.9},{"date":"1995-01-01","value":14409.2},{"date":"1996-01-01","value":14908.2},{"date":"1997-01-01","value":17155.9},{"date":"1998-01-01","value":15036.4},{"date":"1999-01-01","value":15936.4},{"date":"2000-01-01","value":0.0},{"date":"2001-01-01","value":0.0},{"date":"2002-01-01","value":0.0},{"date":"2003-01-01","value":0.0},{"date":"2005-01-01","value":0.0},{"date":"2006-01-01","value":0.0},{"date":"2007-01-01","value":0.0},{"date":"2008-01-01","value":0.0},{"date":"2009-01-01","value":0.0},{"date":"2010-01-01","value":0.0},{"date":"2011-01-01","value":0.0},{"date":"2012-01-01","value":0.0},{"date":"2013-01-01","value":0.0},{"date":"2014-01-01","value":0.0},{"date":"2015-01-01","value":0.0},{"date":"2016-01-01","value":0.0},{"date":"2017-01-01","value":0.0},{"date":"2018-01-01","value":0.0},{"date":"2019-01-01","value":0.0},{"date":"2020-01-01","value":0.0}],"summary":{"latest_period":"2020-01-01","latest_value":0.0,"max":17155.9,"mean":5175.11,"min":0.0,"of":160,"rank":158,"trend":"volatile"}}