What is the difference in military expenditure between Belize and Panama?

66.63 million current LCU, with Belize ahead.

How many years of comparable data are there for Belize and Panama?

35 years are reported by both, from 1989 to 2025.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Belize vs Panama: Military expenditure (current LCU)

Belize

66.63 million current LCU

in 2025

Panama

0 current LCU

in 2025

Belize rank

163rd

Panama rank

166th

Military expenditure (current LCU) over time

Belize
Panama

How they compare

Belize currently reports 66.63 million current LCU against 0 current LCU in Panama, a difference of 66.63 million current LCU.

The two have swapped places 1 time across 35 shared years of data; in 1989 it was Panama ahead.

Belize ranks 163rd and Panama ranks 166th of 168 countries.

Across the 5 decades both report, Belize averaged higher in 3 and Panama in 2.

Head to head by decade

Decade	Belize	Panama	Difference	Ahead
1980s	8.71 million current LCU	101.90 million current LCU	93.19 million current LCU	Panama
1990s	13.56 million current LCU	92.81 million current LCU	79.25 million current LCU	Panama
2000s	22.64 million current LCU	0 current LCU	22.64 million current LCU	Belize
2010s	39.18 million current LCU	0 current LCU	39.18 million current LCU	Belize
2020s	60.51 million current LCU	0 current LCU	60.51 million current LCU	Belize

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Belize or Panama?: Belize, at 66.63 million current LCU against 0 current LCU in Panama as of 2025.
What is the difference in military expenditure between Belize and Panama?: 66.63 million current LCU, with Belize ahead.
How many years of comparable data are there for Belize and Panama?: 35 years are reported by both, from 1989 to 2025.
How do Belize and Panama rank globally for military expenditure?: Belize ranks 163rd and Panama ranks 166th of 168 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Panama: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/belize/panama/

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About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 168 places, 8,396 data points, 1960–2025
Last refreshed: 29 October 2026

Military expenditure in local currency at current prices (by calendar year)