Military spending, per square kilometre in Panama
Panama: Military spending, per square kilometre was 14,006 constant 2022 US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
14,006 constant 2022 US$ per square kilometre
Change on year
up 2.7%
World rank
68th
of 171 countries
All-time high
14,006 constant 2022 US$ per square kilometre
in 2023
All-time low
105.12 constant 2022 US$ per square kilometre
in 1961
Years of data
63
1961–2023
Military spending, per square kilometre in Panama, 1961–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per square kilometre.
Analysis
Panama recorded 14,006 constant 2022 US$ per square kilometre for military spending, per square kilometre in 2023. That is the highest value across all 63 years on record.
The figure is up 2.7% on the previous year and up 49.0% over ten years.
Over the whole period, military spending, per square kilometre in Panama peaked at 14,006 constant 2022 US$ per square kilometre in 2023 and was at its lowest, 105.12 constant 2022 US$ per square kilometre, in 1961.
That places Panama 68th out of 171 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per square kilometre in Panama, year by year
| Year | constant 2022 US$ per square kilometre | Change |
|---|---|---|
| 1961 | 105.12 constant 2022 US$ per square kilometre | — |
| 1962 | 120.89 constant 2022 US$ per square kilometre | +15.0% |
| 1963 | 106.13 constant 2022 US$ per square kilometre | -12.2% |
| 1964 | 110.87 constant 2022 US$ per square kilometre | +4.5% |
| 1965 | 119.49 constant 2022 US$ per square kilometre | +7.8% |
| 1966 | 119.78 constant 2022 US$ per square kilometre | +0.2% |
| 1967 | 179.79 constant 2022 US$ per square kilometre | +50.1% |
| 1968 | 204.45 constant 2022 US$ per square kilometre | +13.7% |
| 1969 | 289.49 constant 2022 US$ per square kilometre | +41.6% |
| 1970 | 358.44 constant 2022 US$ per square kilometre | +23.8% |
| 1971 | 551.88 constant 2022 US$ per square kilometre | +54.0% |
| 1972 | 556.18 constant 2022 US$ per square kilometre | +0.8% |
| 1973 | 587.07 constant 2022 US$ per square kilometre | +5.6% |
| 1974 | 712.28 constant 2022 US$ per square kilometre | +21.3% |
| 1975 | 772.58 constant 2022 US$ per square kilometre | +8.5% |
| 1976 | 757.49 constant 2022 US$ per square kilometre | -2.0% |
| 1977 | 765.77 constant 2022 US$ per square kilometre | +1.1% |
| 1978 | 875.36 constant 2022 US$ per square kilometre | +14.3% |
| 1979 | 856.85 constant 2022 US$ per square kilometre | -2.1% |
| 1980 | 896.24 constant 2022 US$ per square kilometre | +4.6% |
| 1981 | 1,223 constant 2022 US$ per square kilometre | +36.5% |
| 1982 | 1,512 constant 2022 US$ per square kilometre | +23.6% |
| 1983 | 1,852 constant 2022 US$ per square kilometre | +22.4% |
| 1984 | 2,406 constant 2022 US$ per square kilometre | +29.9% |
| 1985 | 2,556 constant 2022 US$ per square kilometre | +6.2% |
| 1986 | 2,642 constant 2022 US$ per square kilometre | +3.3% |
| 1987 | 2,411 constant 2022 US$ per square kilometre | -8.7% |
| 1988 | 2,558 constant 2022 US$ per square kilometre | +6.1% |
| 1989 | 2,563 constant 2022 US$ per square kilometre | +0.2% |
| 1990 | 2,141 constant 2022 US$ per square kilometre | -16.5% |
| 1991 | 1,942 constant 2022 US$ per square kilometre | -9.3% |
| 1992 | 2,083 constant 2022 US$ per square kilometre | +7.3% |
| 1993 | 2,225 constant 2022 US$ per square kilometre | +6.8% |
| 1994 | 2,308 constant 2022 US$ per square kilometre | +3.8% |
| 1995 | 2,310 constant 2022 US$ per square kilometre | +0.0% |
| 1996 | 2,371 constant 2022 US$ per square kilometre | +2.7% |
| 1997 | 2,505 constant 2022 US$ per square kilometre | +5.6% |
| 1998 | 2,519 constant 2022 US$ per square kilometre | +0.5% |
| 1999 | 2,497 constant 2022 US$ per square kilometre | -0.9% |
| 2000 | 2,539 constant 2022 US$ per square kilometre | +1.7% |
| 2001 | 2,500 constant 2022 US$ per square kilometre | -1.5% |
| 2002 | 2,480 constant 2022 US$ per square kilometre | -0.8% |
| 2003 | 2,408 constant 2022 US$ per square kilometre | -2.9% |
| 2004 | 2,844 constant 2022 US$ per square kilometre | +18.1% |
| 2005 | 2,872 constant 2022 US$ per square kilometre | +1.0% |
| 2006 | 3,187 constant 2022 US$ per square kilometre | +11.0% |
| 2007 | 3,277 constant 2022 US$ per square kilometre | +2.8% |
| 2008 | 3,866 constant 2022 US$ per square kilometre | +18.0% |
| 2009 | 4,467 constant 2022 US$ per square kilometre | +15.5% |
| 2010 | 5,314 constant 2022 US$ per square kilometre | +19.0% |
| 2011 | 7,261 constant 2022 US$ per square kilometre | +36.6% |
| 2012 | 8,515 constant 2022 US$ per square kilometre | +17.3% |
| 2013 | 9,401 constant 2022 US$ per square kilometre | +10.4% |
| 2014 | 10,354 constant 2022 US$ per square kilometre | +10.1% |
| 2015 | 10,927 constant 2022 US$ per square kilometre | +5.5% |
| 2016 | 11,578 constant 2022 US$ per square kilometre | +6.0% |
| 2017 | 12,592 constant 2022 US$ per square kilometre | +8.8% |
| 2018 | 12,700 constant 2022 US$ per square kilometre | +0.9% |
| 2019 | 13,486 constant 2022 US$ per square kilometre | +6.2% |
| 2020 | 13,592 constant 2022 US$ per square kilometre | +0.8% |
| 2021 | 13,589 constant 2022 US$ per square kilometre | -0.0% |
| 2022 | 13,643 constant 2022 US$ per square kilometre | +0.4% |
| 2023 | 14,006 constant 2022 US$ per square kilometre | +2.7% |
Panama compared with similar countries
- Panama's 14,006 constant 2022 US$ per square kilometre is below the median for high income countries, which is 56,388 constant 2022 US$ per square kilometre, 25% of the median. (55 countries reporting)
- Panama's 14,006 constant 2022 US$ per square kilometre is above the median for Latin America & Caribbean, which is 5,214 constant 2022 US$ per square kilometre, 2.7× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending, per square kilometre in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +54.0% | 358.44 constant 2022 US$ per square kilometre | 551.88 constant 2022 US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 150.67 constant 2022 US$ per square kilometre | 105.12 constant 2022 US$ per square kilometre | 289.49 constant 2022 US$ per square kilometre | 9 |
| 1970s | 679.39 constant 2022 US$ per square kilometre | 358.44 constant 2022 US$ per square kilometre | 875.36 constant 2022 US$ per square kilometre | 10 |
| 1980s | 2,062 constant 2022 US$ per square kilometre | 896.24 constant 2022 US$ per square kilometre | 2,642 constant 2022 US$ per square kilometre | 10 |
| 1990s | 2,290 constant 2022 US$ per square kilometre | 1,942 constant 2022 US$ per square kilometre | 2,519 constant 2022 US$ per square kilometre | 10 |
| 2000s | 3,044 constant 2022 US$ per square kilometre | 2,408 constant 2022 US$ per square kilometre | 4,467 constant 2022 US$ per square kilometre | 10 |
| 2010s | 10,213 constant 2022 US$ per square kilometre | 5,314 constant 2022 US$ per square kilometre | 13,486 constant 2022 US$ per square kilometre | 10 |
| 2020s | 13,708 constant 2022 US$ per square kilometre | 13,589 constant 2022 US$ per square kilometre | 14,006 constant 2022 US$ per square kilometre | 4 |
Countries ranked near Panama
- 65 Iraq 14,884 constant 2022 US$ per square kilometre compare
- 66 Mauritius 14,489 constant 2022 US$ per square kilometre compare
- 67 Malaysia 14,250 constant 2022 US$ per square kilometre compare
- 69 Morocco 13,848 constant 2022 US$ per square kilometre compare
- 70 New Zealand 13,722 constant 2022 US$ per square kilometre compare
- 71 Albania 13,008 constant 2022 US$ per square kilometre compare
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is military spending, per square kilometre in Panama?
- Military spending, per square kilometre in Panama was 14,006 constant 2022 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest military spending, per square kilometre recorded in Panama?
- The highest recorded value was 14,006 constant 2022 US$ per square kilometre in 2023.
- What is the lowest military spending, per square kilometre recorded in Panama?
- The lowest recorded value was 105.12 constant 2022 US$ per square kilometre in 1961.
- How does Panama rank for military spending, per square kilometre?
- Panama ranks 68th out of 171 countries with data for 2023.
- Is military spending, per square kilometre rising or falling in Panama?
- Over the last ten years it is up 49.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ Land area (sq. km)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Military spending divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.