Cuba vs Panama: Military expenditure (current USD), per unit of GDP

Cuba
0.0013 current USD per US$ of GDP
in 2018
Panama
0 current USD per US$ of GDP
in 2024
Cuba rank
161st
Panama rank
163rd

Military expenditure (current USD), per unit of GDP over time

  • Cuba
  • Panama
00.0050.010.015197820012024

How they compare

Cuba currently reports 0.0013 current USD per US$ of GDP against 0 current USD per US$ of GDP in Panama, a difference of 0.0013 current USD per US$ of GDP.

The two have swapped places 1 time across 22 shared years of data; in 1987 it was Panama ahead.

Cuba ranks 161st and Panama ranks 163rd of 166 countries.

Across the 4 decades both report, Cuba averaged higher in 2 and Panama in 2.

Head to head by decade

Decade Cuba Panama Difference Ahead
1980s 0 current USD per US$ of GDP 0.0166 current USD per US$ of GDP 0.0166 current USD per US$ of GDP Panama
1990s 0 current USD per US$ of GDP 0.0111 current USD per US$ of GDP 0.0111 current USD per US$ of GDP Panama
2000s 0.0026 current USD per US$ of GDP 0 current USD per US$ of GDP 0.0026 current USD per US$ of GDP Cuba
2010s 0.0014 current USD per US$ of GDP 0 current USD per US$ of GDP 0.0014 current USD per US$ of GDP Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Cuba or Panama?
Cuba, at 0.0013 current USD per US$ of GDP against 0 current USD per US$ of GDP in Panama as of 2018.
What is the difference in military expenditure (current usd), per unit of gdp between Cuba and Panama?
0.0013 current USD per US$ of GDP, with Cuba ahead.
How many years of comparable data are there for Cuba and Panama?
22 years are reported by both, from 1987 to 2018.
How do Cuba and Panama rank globally for military expenditure (current usd), per unit of gdp?
Cuba ranks 161st and Panama ranks 163rd of 166 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Panama: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/cuba/panama/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.