Military expenditure (current LCU) in Panama
Panama: Military expenditure (current LCU) was 0 current LCU in 2025. ◆ Volatile
Military expenditure in Panama, 1987–2025
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2025, military expenditure in Panama stood at 0 current LCU. That is the lowest value across all 39 years on record.
Over the whole period, military expenditure in Panama peaked at 118.00 million current LCU in 1997 and was at its lowest, 0 current LCU, in 2000.
That places Panama 166th out of 168 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 expenditure (current LCU) in Panama, year by year
| Year | current LCU | Change |
|---|---|---|
| 1987 | 103.80 million current LCU | — |
| 1988 | 102.90 million current LCU | -0.9% |
| 1989 | 101.90 million current LCU | -1.0% |
| 1990 | 73.10 million current LCU | -28.3% |
| 1991 | 78.60 million current LCU | +7.5% |
| 1992 | 78.80 million current LCU | +0.3% |
| 1993 | 95.20 million current LCU | +20.8% |
| 1994 | 101.00 million current LCU | +6.1% |
| 1995 | 96.60 million current LCU | -4.4% |
| 1996 | 101.20 million current LCU | +4.8% |
| 1997 | 118.00 million current LCU | +16.6% |
| 1998 | 104.00 million current LCU | -11.9% |
| 1999 | 111.60 million current LCU | +7.3% |
| 2000 | 0 current LCU | -100.0% |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
| 2012 | 0 current LCU | — |
| 2013 | 0 current LCU | — |
| 2014 | 0 current LCU | — |
| 2015 | 0 current LCU | — |
| 2016 | 0 current LCU | — |
| 2017 | 0 current LCU | — |
| 2018 | 0 current LCU | — |
| 2019 | 0 current LCU | — |
| 2020 | 0 current LCU | — |
| 2021 | 0 current LCU | — |
| 2022 | 0 current LCU | — |
| 2023 | 0 current LCU | — |
| 2024 | 0 current LCU | — |
| 2025 | 0 current LCU | — |
Panama compared with similar countries
- Panama's 0 current LCU is below the median for high income countries, which is 17.84 billion current LCU. (54 countries reporting)
- Panama's 0 current LCU is below the median for Latin America & Caribbean, which is 12.18 billion current LCU. (24 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current LCU) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | -100.0% | 111.60 million current LCU | 0 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 102.87 million current LCU | 101.90 million current LCU | 103.80 million current LCU | 3 |
| 1990s | 95.81 million current LCU | 73.10 million current LCU | 118.00 million current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2010s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2020s | 0 current LCU | 0 current LCU | 0 current LCU | 6 |
Countries ranked near Panama
- 163 Belize 66.63 million current LCU compare
- 164 East Timor 47.92 million current LCU compare
- 165 Liberia 44.21 million current LCU compare
- 166 Costa Rica 0 current LCU
- 166 Iceland 0 current LCU
More public sector data for Panama
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Arms imports (SIPRI trend indicator values), per capita 0.832 SIPRI trend indicator values per person (1989)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (1989)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.3 % change on previous year (1989)
Frequently asked questions
- What is military expenditure in Panama?
- Military expenditure in Panama was 0 current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Panama?
- The highest recorded value was 118.00 million current LCU in 1997.
- What is the lowest military expenditure recorded in Panama?
- The lowest recorded value was 0 current LCU in 2000.
- How does Panama rank for military expenditure?
- Panama ranks 166th out of 168 countries with data for 2025.
- Where does this Panama data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)