Military spending, per unit of GDP in Panama
Panama: Military spending, per unit of GDP was 0 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile
Military spending, per unit of GDP in Panama, 1987–2025
Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.
Analysis
Panama recorded 0 constant 2024 US$ per US$ of GDP for military spending, per unit of gdp in 2025. That is the lowest value across all 39 years on record.
Over the whole period, military spending, per unit of gdp in Panama peaked at 0.0328 constant 2024 US$ per US$ of GDP in 1988 and was at its lowest, 0 constant 2024 US$ per US$ of GDP, in 2000.
Panama ranks 158th of 160 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per unit of GDP in Panama, year by year
| Year | constant 2024 US$ per US$ of GDP | Change |
|---|---|---|
| 1987 | 0.0287 constant 2024 US$ per US$ of GDP | — |
| 1988 | 0.0328 constant 2024 US$ per US$ of GDP | +14.3% |
| 1989 | 0.0323 constant 2024 US$ per US$ of GDP | -1.4% |
| 1990 | 0.0212 constant 2024 US$ per US$ of GDP | -34.5% |
| 1991 | 0.0205 constant 2024 US$ per US$ of GDP | -3.4% |
| 1992 | 0.0177 constant 2024 US$ per US$ of GDP | -13.4% |
| 1993 | 0.0195 constant 2024 US$ per US$ of GDP | +10.1% |
| 1994 | 0.0192 constant 2024 US$ per US$ of GDP | -1.8% |
| 1995 | 0.0178 constant 2024 US$ per US$ of GDP | -7.4% |
| 1996 | 0.0191 constant 2024 US$ per US$ of GDP | +7.7% |
| 1997 | 0.0201 constant 2024 US$ per US$ of GDP | +5.2% |
| 1998 | 0.0161 constant 2024 US$ per US$ of GDP | -20.0% |
| 1999 | 0.0161 constant 2024 US$ per US$ of GDP | +0.2% |
| 2000 | 0 constant 2024 US$ per US$ of GDP | -100.0% |
| 2001 | 0 constant 2024 US$ per US$ of GDP | — |
| 2002 | 0 constant 2024 US$ per US$ of GDP | — |
| 2003 | 0 constant 2024 US$ per US$ of GDP | — |
| 2004 | 0 constant 2024 US$ per US$ of GDP | — |
| 2005 | 0 constant 2024 US$ per US$ of GDP | — |
| 2006 | 0 constant 2024 US$ per US$ of GDP | — |
| 2007 | 0 constant 2024 US$ per US$ of GDP | — |
| 2008 | 0 constant 2024 US$ per US$ of GDP | — |
| 2009 | 0 constant 2024 US$ per US$ of GDP | — |
| 2010 | 0 constant 2024 US$ per US$ of GDP | — |
| 2011 | 0 constant 2024 US$ per US$ of GDP | — |
| 2012 | 0 constant 2024 US$ per US$ of GDP | — |
| 2013 | 0 constant 2024 US$ per US$ of GDP | — |
| 2014 | 0 constant 2024 US$ per US$ of GDP | — |
| 2015 | 0 constant 2024 US$ per US$ of GDP | — |
| 2016 | 0 constant 2024 US$ per US$ of GDP | — |
| 2017 | 0 constant 2024 US$ per US$ of GDP | — |
| 2018 | 0 constant 2024 US$ per US$ of GDP | — |
| 2019 | 0 constant 2024 US$ per US$ of GDP | — |
| 2020 | 0 constant 2024 US$ per US$ of GDP | — |
| 2021 | 0 constant 2024 US$ per US$ of GDP | — |
| 2022 | 0 constant 2024 US$ per US$ of GDP | — |
| 2023 | 0 constant 2024 US$ per US$ of GDP | — |
| 2024 | 0 constant 2024 US$ per US$ of GDP | — |
| 2025 | 0 constant 2024 US$ per US$ of GDP | — |
Panama compared with similar countries
- Panama's 0 constant 2024 US$ per US$ of GDP is below the median for high income countries, which is 0.0197 constant 2024 US$ per US$ of GDP. (54 countries reporting)
- Panama's 0 constant 2024 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0088 constant 2024 US$ per US$ of GDP. (22 countries reporting)
Biggest year-on-year movements
Years where Military spending, per unit of GDP 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 |
|---|---|---|---|
| 2000 | -100.0% | 0.0161 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0313 constant 2024 US$ per US$ of GDP | 0.0287 constant 2024 US$ per US$ of GDP | 0.0328 constant 2024 US$ per US$ of GDP | 3 |
| 1990s | 0.0187 constant 2024 US$ per US$ of GDP | 0.0161 constant 2024 US$ per US$ of GDP | 0.0212 constant 2024 US$ per US$ of GDP | 10 |
| 2000s | 0 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP | 10 |
| 2010s | 0 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP | 10 |
| 2020s | 0 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP | 0 constant 2024 US$ per US$ of GDP | 6 |
Countries ranked near Panama
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 unit of gdp in Panama?
- Military spending, per unit of gdp in Panama was 0 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Panama?
- The highest recorded value was 0.0328 constant 2024 US$ per US$ of GDP in 1988.
- What is the lowest military spending, per unit of gdp recorded in Panama?
- The lowest recorded value was 0 constant 2024 US$ per US$ of GDP in 2000.
- How does Panama rank for military spending, per unit of gdp?
- Panama ranks 158th out of 160 countries with data for 2025.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.