Military spending sipri in Panama

Panama: Military spending sipri was 0 in 2025. ◆ Volatile

Latest (2025)
0
World rank
160th
of 162 countries
All-time high
202.44 million
in 1997
All-time low
0
in 2000
Years of data
39
1987–2025

Military spending sipri in Panama, 1987–2025

050.0M100.0M150.0M200.0M1987200620251987: 196.1M1988: 193.7M1989: 191.5M1990: 136.3M1991: 144.7M1992: 142.5M1993: 171.4M1994: 179.5M1995: 170.0M1996: 175.9M1997: 202.4M1998: 177.4M1999: 188.1M2000: 02001: 02002: 02003: 02004: 02005: 02006: 02007: 02008: 02009: 02010: 02011: 02012: 02013: 02014: 02015: 02016: 02017: 02018: 02019: 02020: 02021: 02022: 02023: 02024: 02025: 0

Source: Our World in Data.

Analysis

In 2025, military spending sipri in Panama stood at 0. That is the lowest value across all 39 years on record.

Over the whole period, military spending sipri in Panama peaked at 202.44 million in 1997 and was at its lowest, 0, 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.

Military spending sipri in Panama, year by year

Annual values for Military spending sipri in Panama, 1987 to 2025.
Year Value Change
1987 196.13 million —
1988 193.73 million -1.2%
1989 191.45 million -1.2%
1990 136.29 million -28.8%
1991 144.73 million +6.2%
1992 142.50 million -1.5%
1993 171.38 million +20.3%
1994 179.54 million +4.8%
1995 170.03 million -5.3%
1996 175.92 million +3.5%
1997 202.44 million +15.1%
1998 177.43 million -12.4%
1999 188.05 million +6.0%
2000 0 -100.0%
2001 0 —
2002 0 —
2003 0 —
2004 0 —
2005 0 —
2006 0 —
2007 0 —
2008 0 —
2009 0 —
2010 0 —
2011 0 —
2012 0 —
2013 0 —
2014 0 —
2015 0 —
2016 0 —
2017 0 —
2018 0 —
2019 0 —
2020 0 —
2021 0 —
2022 0 —
2023 0 —
2024 0 —
2025 0 —

Panama compared with similar countries

  • Panama's 0 is below the median for high income countries, which is 6.82 billion. (54 countries reporting)
  • Panama's 0 is below the median for Latin America & Caribbean, which is 575.75 million. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending sipri 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.

YearChange FromTo
2000 -100.0% 188.05 million 0

Averages by decade

DecadeAverage LowestHighest Years
1980s 193.77 million 191.45 million 196.13 million 3
1990s 168.83 million 136.29 million 202.44 million 10
2000s 0 0 0 10
2010s 0 0 0 10
2020s 0 0 0 6

Countries ranked near Panama

  1. 157 Cape Verde 18.97 million compare
  2. 158 Gambia 14.65 million compare
  3. 159 Afghanistan 8.55 million
  4. 160 Costa Rica 0
  5. 160 Iceland 0

See the full ranking of 162 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is military spending sipri in Panama?
Military spending sipri in Panama was 0 in 2025, according to Our World in Data.
What is the highest military spending sipri recorded in Panama?
The highest recorded value was 202.44 million in 1997.
What is the lowest military spending sipri recorded in Panama?
The lowest recorded value was 0 in 2000.
How does Panama rank for military spending sipri?
Panama ranks 160th out of 162 countries with data for 2025.
Where does this Panama data come from?
The figures come from Our World in Data, published as part of Military spending sipri. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Military spending sipri
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed