Guyana vs Panama: Military spending as a share of GDP

Guyana
1.5%
in 2019
Panama
1.4%
in 2019
Guyana rank
78th
Panama rank
81st

Military spending as a share of GDP over time

  • Guyana
  • Panama
01234190319612019

How they compare

Guyana currently reports 1.5% against 1.4% in Panama, a difference of 0.1%.

The two have swapped places 6 times across 54 shared years of data; in 1966 it was Guyana ahead.

Guyana ranks 78th and Panama ranks 81st of 172 countries.

Across the 6 decades both report, Guyana averaged higher in 3 and Panama in 3.

Head to head by decade

Decade Guyana Panama Difference Ahead
1960s 0.5% 0.2% 0.3% Guyana
1970s 1.5% 0.5% 1.0% Guyana
1980s 2.1% 1.0% 1.1% Guyana
1990s 0.4% 0.8% 0.4% Panama
2000s 0.6% 0.7% 0.1% Panama
2010s 1.0% 1.3% 0.3% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Guyana or Panama?
Guyana, at 1.5% against 1.4% in Panama as of 2019.
What is the difference in military spending as a share of gdp between Guyana and Panama?
0.1%, with Guyana ahead.
How many years of comparable data are there for Guyana and Panama?
54 years are reported by both, from 1966 to 2019.
How do Guyana and Panama rank globally for military spending as a share of gdp?
Guyana ranks 78th and Panama ranks 81st of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guyana vs Panama: Military spending as a share of GDP. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/guyana/panama/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 14,793 data points, 1816–2019
Last refreshed

Military spending measured as a percentage of gross domestic product (GDP).