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Military Expenditure (Local Currency) in Panama

Source: World Bank
Last Updated: July 1, 2023

Military expenditure in local currency reached PAB 0.112 bil in 1999 in Panama, according to the SIPRI Military Expenditure Database. This is 7.31% more than in the previous year.

Historically, military expenditure in local currency in Panama reached an all time high of PAB 0.118 bil in 1997 and an all time low of PAB 0.073 bil in 1990.

Panama has been ranked 128th within the group of 142 countries we follow in terms of military expenditure in local currency.

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