Military expenditure in Panama
Panama: Military expenditure was 1.0% in 1999. ▼ Falling
Military expenditure in Panama, 1987–1999
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
In 1999, military expenditure in Panama stood at 1.0%.
That represents a change of up 2.4% on the previous year and down 53.3% over ten years.
Over the whole period, military expenditure in Panama peaked at 2.1% in 1988 and was at its lowest, 1.0%, in 1998.
Panama ranks 124th of 164 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Military expenditure in Panama, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1987 | 1.8% | — |
| 1988 | 2.1% | +14.7% |
| 1989 | 2.1% | -1.2% |
| 1990 | 1.3% | -39.7% |
| 1991 | 1.2% | -2.2% |
| 1992 | 1.1% | -11.8% |
| 1993 | 1.2% | +10.6% |
| 1994 | 1.2% | -0.5% |
| 1995 | 1.1% | -6.4% |
| 1996 | 1.1% | -2.7% |
| 1997 | 1.2% | +7.8% |
| 1998 | 1.0% | -18.7% |
| 1999 | 1.0% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.0% | 1.8% | 2.1% | 3 |
| 1990s | 1.1% | 1.0% | 1.3% | 10 |
Countries ranked near Panama
- 121 Malaysia 1.0% compare
- 122 Equatorial Guinea 1.0% compare
- 123 Nepal 1.0% compare
- 125 Brazil 1.0% compare
- 126 Luxembourg 1.0% compare
- 127 Bangladesh 0.9% 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), per unit of GDP 0 current USD per US$ of GDP (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)
Frequently asked questions
- What is military expenditure in Panama?
- Military expenditure in Panama was 1.0% in 1999, 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 2.1% in 1988.
- What is the lowest military expenditure recorded in Panama?
- The lowest recorded value was 1.0% in 1998.
- How does Panama rank for military expenditure?
- Panama ranks 124th out of 164 countries with data for 1999.
- Is military expenditure rising or falling in Panama?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product