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

0 current USD, with Panama ahead.

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

38 years are reported by both, from 1987 to 2024.

Where does this data come from?

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

Panama vs Venezuela: Military expenditure (current USD)

Panama

0 current USD

in 2024

Venezuela

0 current USD

in 2024

Panama rank

165th

Venezuela rank

165th

Military expenditure (current USD) over time

Panama
Venezuela

How they compare

Panama currently reports 0 current USD against 0 current USD in Venezuela, a difference of 0 current USD.

Across all 38 years both countries report, Venezuela has been ahead every year.

Panama ranks 165th and Venezuela ranks 165th of 168 countries.

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

Head to head by decade

Decade	Panama	Venezuela	Difference	Ahead
1980s	102.87 million current USD	1.02 billion current USD	916.57 million current USD	Venezuela
1990s	95.81 million current USD	1.13 billion current USD	1.03 billion current USD	Venezuela
2000s	0 current USD	2.76 billion current USD	2.76 billion current USD	Venezuela
2010s	0 current USD	2.39 billion current USD	2.39 billion current USD	Venezuela
2020s	0 current USD	2.63 million current USD	2.63 million current USD	Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Panama or Venezuela?: Panama, at 0 current USD against 0 current USD in Venezuela as of 2024.
What is the difference in military expenditure between Panama and Venezuela?: 0 current USD, with Panama ahead.
How many years of comparable data are there for Panama and Venezuela?: 38 years are reported by both, from 1987 to 2024.
How do Panama and Venezuela rank globally for military expenditure?: Panama ranks 165th and Venezuela ranks 165th of 168 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Venezuela: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 October 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/panama/venezuela-rb/

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About this data

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 212 places, 10,618 data points, 1960–2024
Last refreshed: 01 October 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)