COUNTRY / INDICATOR
Panama Military Spending
Panama military spending: latest available value for 1999, historical series from 1987, ranking context and source documentation.
Series overview
MS.MIL.XPND.GD.ZS| Year | Value | Change |
|---|---|---|
| 1999 | 0,97 | 0,02 |
| 1998 | 0,95 | -0,22 |
| 1997 | 1,17 | 0,08 |
| 1996 | 1,09 | -0,03 |
| 1995 | 1,12 | -0,08 |
| 1994 | 1,19 | -0,01 |
| 1993 | 1,20 | 0,12 |
| 1992 | 1,08 | -0,15 |
| 1991 | 1,23 | -0,03 |
| 1990 | 1,26 | -0,83 |
| 1989 | 2,08 | -0,03 |
| 1988 | 2,11 | 0,27 |
| 1987 | 1,84 | — |
Source methodology
World Development IndicatorsIndicator note: Military expenditure by country as percentage of gross domestic product
Source organization: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases
Metadata fetched: 2026-09-27 05:39:08. Open original metadata response.
Revision history
18 detected changesSource revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.
| Detected | Data year | Previous value | Replacement value | Source | Source update |
|---|---|---|---|---|---|
| 2026-09-28 21:36:29 | 1994 | 1,19 | 1,19 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 21:36:29 | 1995 | 1,12 | 1,12 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 21:36:29 | 1996 | 1,09 | 1,09 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 21:36:29 | 1997 | 1,17 | 1,17 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 21:36:29 | 1998 | 0,95 | 0,95 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 21:36:29 | 1999 | 0,97 | 0,97 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-09 18:22:38 | 1994 | 1,19 | 1,19 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-09 18:22:38 | 1995 | 1,12 | 1,12 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-09 18:22:38 | 1996 | 1,09 | 1,09 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-09 18:22:38 | 1997 | 1,17 | 1,17 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-09 18:22:38 | 1998 | 0,95 | 0,95 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-09 18:22:38 | 1999 | 0,97 | 0,97 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 10:27:40 | 1994 | 1,19 | 1,19 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 10:27:40 | 1995 | 1,12 | 1,12 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 10:27:40 | 1996 | 1,09 | 1,09 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 10:27:40 | 1997 | 1,17 | 1,17 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 10:27:40 | 1998 | 0,95 | 0,95 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 10:27:40 | 1999 | 0,97 | 0,97 | World Bank Indicators API | 2026-07-13 02:00:00 |
Country-specific interpretation
Automatically derived from the displayed seriesPanama recorded 0,97 percent of GDP in 1999, the latest year available in this series.
Compared with 1998, the military spending increased by 0,02.
Across the latest five-year comparison window, the series shows an downward direction.
Across 13 observations from 1987 to 1999, the average was 1,33; the minimum was 0,95 in 1998 and the maximum was 2,11 in 1988.
Panama ranks 124 out of 164 countries with a current value in the portal ranking.
The latest value is below the available average for Latin America & Caribbean.
It is also below the available average for the High income group.
Defense burden and spending priorities.