Panama vs Venezuela, Bolivarian Republic of: Military expenditure (current USD), per unit of GDP

Panama
0 current USD per US$ of GDP
in 2024
Venezuela, Bolivarian Republic of
0 current USD per US$ of GDP
in 2024
Panama rank
163rd
Venezuela, Bolivarian Republic of rank
163rd

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

  • Panama
  • Venezuela, Bolivarian Republic of
00.010.020.03196019922024

How they compare

Panama currently reports 0 current USD per US$ of GDP against 0 current USD per US$ of GDP in Venezuela, Bolivarian Republic of, a difference of 0 current USD per US$ of GDP.

The two have swapped places 2 times across 38 shared years of data; in 1987 it was Venezuela, Bolivarian Republic of ahead.

Panama ranks 163rd and Venezuela, Bolivarian Republic of ranks 163rd of 166 countries.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Panama Venezuela, Bolivarian Republic of Difference Ahead
1980s 0.0166 current USD per US$ of GDP 0.0205 current USD per US$ of GDP 0.0039 current USD per US$ of GDP Venezuela, Bolivarian Republic of
1990s 0.0106 current USD per US$ of GDP 0.0162 current USD per US$ of GDP 0.0056 current USD per US$ of GDP Venezuela, Bolivarian Republic of
2000s 0 current USD per US$ of GDP 0.0154 current USD per US$ of GDP 0.0154 current USD per US$ of GDP Venezuela, Bolivarian Republic of
2010s 0 current USD per US$ of GDP 0.0097 current USD per US$ of GDP 0.0097 current USD per US$ of GDP Venezuela, Bolivarian Republic of
2020s 0 current USD per US$ of GDP 0 current USD per US$ of GDP 0 current USD per US$ of GDP Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Panama or Venezuela, Bolivarian Republic of?
Panama, at 0 current USD per US$ of GDP against 0 current USD per US$ of GDP in Venezuela, Bolivarian Republic of as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Panama and Venezuela, Bolivarian Republic of?
0 current USD per US$ of GDP, with Panama ahead.
How many years of comparable data are there for Panama and Venezuela, Bolivarian Republic of?
38 years are reported by both, from 1987 to 2024.
How do Panama and Venezuela, Bolivarian Republic of rank globally for military expenditure (current usd), per unit of gdp?
Panama ranks 163rd and Venezuela, Bolivarian Republic of 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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Panama vs Venezuela, Bolivarian Republic of: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/panama/venezuela-rb/

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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.