Panama Military Spending
Military expenditure as % of GDP MS.MIL.XPND.GD.ZS
Overview
Panama's military spending stood at 0.97% in 1999, a rise of +0.02% from 1998. Panama ranked 28th globally.
Data & projection
| Year | Military Spending | YoY change | Rank |
|---|---|---|---|
| 1999 | 0.97% | +0.02% | #28 |
| 1998 | 0.95% | −0.22% | #25 |
| 1997 | 1.17% | +0.08% | #36 |
| 1996 | 1.09% | −0.03% | #34 |
| 1995 | 1.12% | −0.08% | #34 |
| 1994 | 1.19% | −0.01% | #32 |
| 1993 | 1.20% | +0.12% | #31 |
| 1992 | 1.08% | −0.15% | #20 |
| 1991 | 1.23% | −0.03% | #21 |
| 1990 | 1.26% | −0.83% | #23 |
| 1989 | 2.08% | −0.03% | #45 |
| 1988 | 2.11% | +0.27% | #41 |
| 1987 | 1.84% | – | #35 |
Detected Pattern
Analysis
Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →
Frequently Asked Questions
Panama's military spending was 0.97% in 1999. Ranked 28th globally. This represents a 2.4% increase from the previous year.
Panama's military spending peaked at 2.11% in 1988.
The lowest military spending in Panama was 0.95% in 1998.
Panama ranks 28th globally in military spending as of 1999.
The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.
The military spending of Panama in 1999 was 0.97%. This ranks 28th in the world.
Cite this page
@misc{historysaid_panama_military-spending,
title = {Panama Military Spending},
url = {https://historysaid.com/panama/military-spending},
publisher = {HistorySaid},
year = {2026}
}