Military spending in Panama
Panama: Military spending was 0 constant 2024 US$ in 2025. ◆ Volatile
Military spending in Panama, 1987–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2025, military spending in Panama stood at 0 constant 2024 US$. That is the lowest value across all 39 years on record.
Over the whole period, military spending in Panama peaked at 202.44 million constant 2024 US$ in 1997 and was at its lowest, 0 constant 2024 US$, in 2000.
That places Panama 160th out of 162 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 193.77 million constant 2024 US$ | 191.45 million constant 2024 US$ | 196.13 million constant 2024 US$ | 3 |
| 1990s | 168.83 million constant 2024 US$ | 136.29 million constant 2024 US$ | 202.44 million constant 2024 US$ | 10 |
| 2000s | 0 constant 2024 US$ | 0 constant 2024 US$ | 0 constant 2024 US$ | 10 |
| 2010s | 0 constant 2024 US$ | 0 constant 2024 US$ | 0 constant 2024 US$ | 10 |
| 2020s | 0 constant 2024 US$ | 0 constant 2024 US$ | 0 constant 2024 US$ | 6 |
Countries ranked near Panama
- 157 Cape Verde 18.97 million constant 2024 US$ compare
- 158 Gambia 14.65 million constant 2024 US$ compare
- 159 Afghanistan 8.55 million constant 2024 US$ compare
- 160 Costa Rica 0 constant 2024 US$ compare
- 160 Iceland 0 constant 2024 US$ compare
More reference data data for Panama
- Spring temperature anomalies 0.1111 °C (2026)
- Summer temperature anomalies 0.8502 °C (2026)
- Temperature anomalies by month 0.029 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.2956 °C (2025)
- Winter temperature anomalies 0.1292 °C (2025)
- Consumer price index 128.14 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Panama?
- Military spending in Panama was 0 constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Panama?
- The highest recorded value was 202.44 million constant 2024 US$ in 1997.
- What is the lowest military spending recorded in Panama?
- The lowest recorded value was 0 constant 2024 US$ in 2000.
- How does Panama rank for military spending?
- Panama ranks 160th out of 162 countries with data for 2025.
- Where does this Panama data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.