Military spending per military personnel in Panama

Panama: Military spending per military personnel was 14,277 in 1999. ▲ Rising

Latest (1999)
14,277
Change on year
down 0.9%
World rank
133rd
of 170 countries
All-time high
17,287
in 1988
All-time low
2,221
in 1965
Years of data
37
1963–1999

Military spending per military personnel in Panama, 1963–1999

05.0k10.0k15.0k1963198119991963: 2.6k1964: 2.7k1965: 2.2k1966: 2.2k1967: 3.3k1968: 3.0k1969: 4.3k1970: 5.3k1971: 5.9k1972: 5.9k1973: 6.2k1974: 6.6k1975: 7.2k1976: 7.0k1977: 7.1k1978: 8.1k1979: 8.0k1980: 8.3k1981: 10.1k1982: 11.2k1983: 13.8k1984: 16.3k1985: 15.8k1986: 16.4k1987: 14.9k1988: 17.3k1989: 13.6k1990: 14.5k1991: 12.0k1992: 14.1k1993: 15.0k1994: 15.6k1995: 14.3k1996: 14.7k1997: 15.5k1998: 14.4k1999: 14.3k

Source: Our World in Data.

Analysis

Panama recorded 14,277 for military spending per military personnel in 1999.

The figure is down 0.9% on the previous year and up 4.9% over ten years.

Over the whole period, military spending per military personnel in Panama peaked at 17,287 in 1988 and was at its lowest, 2,221, in 1965.

Panama ranks 133rd of 170 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 37 years of available data.

Military spending per military personnel in Panama, year by year

Annual values for Military spending per military personnel in Panama, 1963 to 1999.
Year Value Change
1963 2,630 —
1964 2,747 +4.5%
1965 2,221 -19.2%
1966 2,226 +0.2%
1967 3,341 +50.1%
1968 3,040 -9.0%
1969 4,304 +41.6%
1970 5,329 +23.8%
1971 5,861 +10.0%
1972 5,907 +0.8%
1973 6,235 +5.6%
1974 6,619 +6.2%
1975 7,179 +8.5%
1976 7,039 -2.0%
1977 7,116 +1.1%
1978 8,134 +14.3%
1979 7,962 -2.1%
1980 8,328 +4.6%
1981 10,105 +21.3%
1982 11,243 +11.3%
1983 13,765 +22.4%
1984 16,259 +18.1%
1985 15,835 -2.6%
1986 16,365 +3.3%
1987 14,937 -8.7%
1988 17,287 +15.7%
1989 13,610 -21.3%
1990 14,467 +6.3%
1991 12,030 -16.8%
1992 14,076 +17.0%
1993 15,035 +6.8%
1994 15,601 +3.8%
1995 14,307 -8.3%
1996 14,690 +2.7%
1997 15,518 +5.6%
1998 14,402 -7.2%
1999 14,277 -0.9%

Panama compared with similar countries

  • Panama's 14,277 is below the median for high income countries, which is 182,526, 8% of the median. (54 countries reporting)
  • Panama's 14,277 is below the median for Latin America & Caribbean, which is 32,933, 43% of the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 2,930 2,221 4,304 7
1970s 6,738 5,329 8,134 10
1980s 13,773 8,328 17,287 10
1990s 14,440 12,030 15,601 10

Countries ranked near Panama

  1. 130 Belize 15,686 compare
  2. 131 Iran 15,669 compare
  3. 132 Eswatini 14,902 compare
  4. 134 Vietnam 13,988 compare
  5. 135 Mongolia 13,688 compare
  6. 136 Cape Verde 13,623 compare

See the full ranking of 170 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is military spending per military personnel in Panama?
Military spending per military personnel in Panama was 14,277 in 1999, according to Our World in Data.
What is the highest military spending per military personnel recorded in Panama?
The highest recorded value was 17,287 in 1988.
What is the lowest military spending per military personnel recorded in Panama?
The lowest recorded value was 2,221 in 1965.
How does Panama rank for military spending per military personnel?
Panama ranks 133rd out of 170 countries with data for 1999.
Is military spending per military personnel rising or falling in Panama?
Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

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Military spending per military personnel in Panama. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/panama/

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About this data

Indicator
Military spending per military personnel
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
Last refreshed