Military spending as a share of GDP in Panama
Panama: Military spending as a share of GDP was 0.0% in 2025. ◆ Volatile
Military spending as a share of GDP in Panama, 1987–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
In 2025, military spending as a share of gdp in Panama stood at 0.0%. That is the lowest value across all 39 years on record.
Over the whole period, military spending as a share of gdp in Panama peaked at 2.1% in 1988 and was at its lowest, 0.0%, in 2000.
That places Panama 164th out of 166 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending as a share of GDP 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% |
| 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% | — |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 161 Lao People's Democratic Republic 0.2% compare
- 162 Mauritius 0.1% compare
- 163 Haiti 0.1% compare
- 164 Costa Rica 0.0%
- 164 Iceland 0.0%
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 842.84 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.09 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.249 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,928 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.09 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.249 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,928 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
Frequently asked questions
- What is military spending as a share of gdp in Panama?
- Military spending as a share of gdp in Panama was 0.0% in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending as a share of gdp recorded in Panama?
- The highest recorded value was 2.1% in 1988.
- What is the lowest military spending as a share of gdp recorded in Panama?
- The lowest recorded value was 0.0% in 2000.
- How does Panama rank for military spending as a share of gdp?
- Panama ranks 164th out of 166 countries with data for 2025.
- Where does this Panama data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by gross domestic product, expressed as a percentage.