Military expenditure (% of GDP) in Panama

Panama: Military expenditure (% of GDP) was 0.0% in 2025. ◆ Volatile

Latest (2025)
0.0%
World rank
165th
of 167 countries
All-time high
2.1%
in 1988
All-time low
0.0%
in 2000
Years of data
39
1987–2025

Military expenditure in Panama, 1987–2025

00.511.521987200620251987: 1.8 % of GDP1988: 2.1 % of GDP1989: 2.1 % of GDP1990: 1.3 % of GDP1991: 1.2 % of GDP1992: 1.1 % of GDP1993: 1.2 % of GDP1994: 1.2 % of GDP1995: 1.1 % of GDP1996: 1.1 % of GDP1997: 1.2 % of GDP1998: 0.951 % of GDP1999: 0.974 % of GDP2000: 0 % of GDP2001: 0 % of GDP2002: 0 % of GDP2003: 0 % of GDP2004: 0 % of GDP2005: 0 % of GDP2006: 0 % of GDP2007: 0 % of GDP2008: 0 % of GDP2009: 0 % of GDP2010: 0 % of GDP2011: 0 % of GDP2012: 0 % of GDP2013: 0 % of GDP2014: 0 % of GDP2015: 0 % of GDP2016: 0 % of GDP2017: 0 % of GDP2018: 0 % of GDP2019: 0 % of GDP2020: 0 % of GDP2021: 0 % of GDP2022: 0 % of GDP2023: 0 % of GDP2024: 0 % of GDP2025: 0 % of GDP

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.

Analysis

In 2025, military expenditure in Panama stood at 0.0%. That is the lowest value across all 39 years on record.

Over the whole period, military expenditure in Panama peaked at 2.1% in 1988 and was at its lowest, 0.0%, in 2000.

Panama ranks 165th of 167 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (% of GDP) in Panama, year by year

Annual values for Military expenditure (% of GDP) in Panama, 1987 to 2025.
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%
2000 0.0% -100.0%
2001 0.0% —
2002 0.0% —
2003 0.0% —
2004 0.0% —
2005 0.0% —
2006 0.0% —
2007 0.0% —
2008 0.0% —
2009 0.0% —
2010 0.0% —
2011 0.0% —
2012 0.0% —
2013 0.0% —
2014 0.0% —
2015 0.0% —
2016 0.0% —
2017 0.0% —
2018 0.0% —
2019 0.0% —
2020 0.0% —
2021 0.0% —
2022 0.0% —
2023 0.0% —
2024 0.0% —
2025 0.0% —

Panama compared with similar countries

  • Panama's 0.0% is below the median for high income countries, which is 2.1%. (54 countries reporting)
  • Panama's 0.0% is below the median for Latin America & Caribbean, which is 1.0%. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (% of GDP) 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.

YearChange FromTo
2000 -100.0% 1.0% 0.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.0% 1.8% 2.1% 3
1990s 1.1% 1.0% 1.3% 10
2000s 0.0% 0.0% 0.0% 10
2010s 0.0% 0.0% 0.0% 10
2020s 0.0% 0.0% 0.0% 6

Countries ranked near Panama

  1. 162 Laos 0.2% compare
  2. 163 Mauritius 0.1% compare
  3. 164 Haiti 0.1% compare
  4. 165 Costa Rica 0.0%
  5. 165 Iceland 0.0%

See the full ranking of 212 places →

More public sector data for Panama

All data for Panama →

Frequently asked questions

What is military expenditure in Panama?
Military expenditure in Panama was 0.0% 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 2.1% in 1988.
What is the lowest military expenditure recorded in Panama?
The lowest recorded value was 0.0% in 2000.
How does Panama rank for military expenditure?
Panama ranks 165th out of 167 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 (% of GDP). Statizoid updates them automatically from the source API.

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Military expenditure in Panama. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/panama/

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About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,887 data points, 1960–2025
Last refreshed

Military expenditure by country as percentage of gross domestic product