Jamaica vs Panama: Military spending as a share of GDP

Jamaica
1.4%
in 2019
Panama
1.4%
in 2019
Jamaica rank
82nd
Panama rank
81st

Military spending as a share of GDP over time

  • Jamaica
  • Panama
00.511.52190319612019

How they compare

Panama currently reports 1.4% against 1.4% in Jamaica, a difference of 0.0%.

The two have swapped places 6 times across 58 shared years of data; in 1962 it was Panama ahead.

Jamaica ranks 82nd and Panama ranks 81st of 172 countries.

Across the 6 decades both report, Jamaica averaged higher in 2 and Panama in 4.

Head to head by decade

Decade Jamaica Panama Difference Ahead
1960s 0.3% 0.2% 0.1% Jamaica
1970s 0.5% 0.5% 0.0% Jamaica
1980s 0.6% 1.0% 0.4% Panama
1990s 0.4% 0.8% 0.4% Panama
2000s 0.5% 0.7% 0.2% Panama
2010s 0.9% 1.3% 0.4% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending as a share of gdp, Jamaica or Panama?
Panama, at 1.4% against 1.4% in Jamaica as of 2019.
What is the difference in military spending as a share of gdp between Jamaica and Panama?
0.0%, with Panama ahead.
How many years of comparable data are there for Jamaica and Panama?
58 years are reported by both, from 1962 to 2019.
How do Jamaica and Panama rank globally for military spending as a share of gdp?
Jamaica ranks 82nd 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.

Individual pages

Share, cite or embed this page

Cite this page

Jamaica 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 07 September 2026, from https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/jamaica/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/military-spending-as-a-share-of-gdp-gmsd/jamaica/panama/">Jamaica vs Panama: Military spending as a share of GDP</a> β€” Statizoid

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).