Military expenditure (current USD), per unit of GDP in Panama
Panama: Military expenditure (current USD), per unit of GDP was 0 current USD per US$ of GDP in 2024. ◆ Volatile
Military expenditure (current USD), per unit of GDP in Panama, 1987–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Panama recorded 0 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024. That is the lowest value across all 38 years on record.
Over the whole period, military expenditure (current usd), per unit of gdp in Panama peaked at 0.0174 current USD per US$ of GDP in 1988 and was at its lowest, 0 current USD per US$ of GDP, in 2000.
That places Panama 163rd out of 166 countries with data for 2024, 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 USD), per unit of GDP in Panama, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1987 | 0.0152 current USD per US$ of GDP | — |
| 1988 | 0.0174 current USD per US$ of GDP | +14.7% |
| 1989 | 0.0172 current USD per US$ of GDP | -1.2% |
| 1990 | 0.0114 current USD per US$ of GDP | -34.0% |
| 1991 | 0.0111 current USD per US$ of GDP | -2.2% |
| 1992 | 0.0098 current USD per US$ of GDP | -11.8% |
| 1993 | 0.0108 current USD per US$ of GDP | +10.6% |
| 1994 | 0.0108 current USD per US$ of GDP | -0.5% |
| 1995 | 0.0101 current USD per US$ of GDP | -6.4% |
| 1996 | 0.011 current USD per US$ of GDP | +9.0% |
| 1997 | 0.0117 current USD per US$ of GDP | +6.6% |
| 1998 | 0.0094 current USD per US$ of GDP | -19.5% |
| 1999 | 0.0096 current USD per US$ of GDP | +1.4% |
| 2000 | 0 current USD per US$ of GDP | -100.0% |
| 2001 | 0 current USD per US$ of GDP | — |
| 2002 | 0 current USD per US$ of GDP | — |
| 2003 | 0 current USD per US$ of GDP | — |
| 2004 | 0 current USD per US$ of GDP | — |
| 2005 | 0 current USD per US$ of GDP | — |
| 2006 | 0 current USD per US$ of GDP | — |
| 2007 | 0 current USD per US$ of GDP | — |
| 2008 | 0 current USD per US$ of GDP | — |
| 2009 | 0 current USD per US$ of GDP | — |
| 2010 | 0 current USD per US$ of GDP | — |
| 2011 | 0 current USD per US$ of GDP | — |
| 2012 | 0 current USD per US$ of GDP | — |
| 2013 | 0 current USD per US$ of GDP | — |
| 2014 | 0 current USD per US$ of GDP | — |
| 2015 | 0 current USD per US$ of GDP | — |
| 2016 | 0 current USD per US$ of GDP | — |
| 2017 | 0 current USD per US$ of GDP | — |
| 2018 | 0 current USD per US$ of GDP | — |
| 2019 | 0 current USD per US$ of GDP | — |
| 2020 | 0 current USD per US$ of GDP | — |
| 2021 | 0 current USD per US$ of GDP | — |
| 2022 | 0 current USD per US$ of GDP | — |
| 2023 | 0 current USD per US$ of GDP | — |
| 2024 | 0 current USD per US$ of GDP | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0166 current USD per US$ of GDP | 0.0152 current USD per US$ of GDP | 0.0174 current USD per US$ of GDP | 3 |
| 1990s | 0.0106 current USD per US$ of GDP | 0.0094 current USD per US$ of GDP | 0.0117 current USD per US$ of GDP | 10 |
| 2000s | 0 current USD per US$ of GDP | 0 current USD per US$ of GDP | 0 current USD per US$ of GDP | 10 |
| 2010s | 0 current USD per US$ of GDP | 0 current USD per US$ of GDP | 0 current USD per US$ of GDP | 10 |
| 2020s | 0 current USD per US$ of GDP | 0 current USD per US$ of GDP | 0 current USD per US$ of GDP | 5 |
Countries ranked near Panama
- 160 Mauritius 0.0015 current USD per US$ of GDP compare
- 161 Cuba 0.0013 current USD per US$ of GDP compare
- 162 Haiti 0.0008 current USD per US$ of GDP compare
- 163 Costa Rica 0 current USD per US$ of GDP
- 163 Iceland 0 current USD per US$ of GDP
- 163 Venezuela, Bolivarian Republic of 0 current USD per US$ of GDP compare
More public sector data for Panama
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 2.00 million SIPRI trend indicator values (1989)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), annual growth rate -100 % change on previous year (2000)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 26.9 SIPRI trend indicator values per square kilometre (1989)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Panama?
- Military expenditure (current usd), per unit of gdp in Panama was 0 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Panama?
- The highest recorded value was 0.0174 current USD per US$ of GDP in 1988.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Panama?
- The lowest recorded value was 0 current USD per US$ of GDP in 2000.
- How does Panama rank for military expenditure (current usd), per unit of gdp?
- Panama ranks 163rd out of 166 countries with data for 2024.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
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.