Panama Military Spending
Defense budget and military expenditure data (1987–2026)
Key Facts (2026 estimate)
Military Expenditure
N/A
Percent of GDP
N/A
Historical Peak Spending
$201 million
Reached in 1997
Panama Defense Budget Summary
In 2026, Panama is estimated to have spent N/A on military and defense. This budget covers the armed forces including army, navy, and air force expenditures.
The highest percentage of GDP allocated to defense spending was 2.1% in 1988. The historical average military budget is 1.2% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2023 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2026(estimate) | 0.00% | — |
| 2025(estimate) | 0.00% | — |
| 2024 | — | $0M |
| 2023 | — | $0M |
| 2022 | — | $0M |
| 2021 | — | $0M |
| 2020 | — | $0M |
| 2019 | — | $0M |
| 2018 | — | $0M |
| 2017 | — | $0M |
| 2016 | — | $0M |
| 2015 | — | $0M |
| 2014 | — | $0M |
| 2013 | — | $0M |
| 2012 | — | $0M |
| 2011 | — | $0M |
| 2010 | — | $0M |
| 2009 | — | $0M |
| 2008 | — | $0M |
| 2007 | — | $0M |
Showing most recent 20 years of 40 total years of data.