Military expenditure at constant USD prices from 2014 rose 0% to USD 0 mil in Panama in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Panama reached an all time high of USD 188 mil in 1997 and an all time low of USD 0 mil in 2015. When compared to Panama's main peers, military expenditure at constant USD prices from 2014 in Colombia amounted to USD 12,945 mil, USD 0 mil in Costa Rica, USD 330 mil in Honduras and USD 71.4 mil in Nicaragua in 2015.
Panama has been ranked 142nd within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 11 places above the position seen 10 years ago.
Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
Belize | USD mil | ... | ... | 18.1 | 15.2 | 15.9 | 15.5 | 17.9 | ||||||||||||||
Brazil | USD mil | 29,047 | 32,257 | 31,245 | 31,846 | 32,020 | ||||||||||||||||
Colombia | USD mil | 11,155 | 11,070 | 10,305 | 11,029 | 12,009 | ||||||||||||||||
Costa Rica | USD mil | ... | ... | ... | ... | ... | ||||||||||||||||
El Salvador | USD mil | 209 | 219 | 229 | 229 | 240 | ||||||||||||||||
Guatemala | USD mil | 192 | 210 | 223 | 245 | 262 | ||||||||||||||||
Honduras | USD mil | ... | ... | ... | ... | ... | 190 | 197 | 218 | 226 | 302 | |||||||||||
Mexico | USD mil | 5,977 | 6,517 | 6,799 | 7,466 | 7,833 | ||||||||||||||||
Nicaragua | USD mil | 45.4 | 47.9 | 54.1 | 72.3 | 75.3 | ||||||||||||||||
Panama | USD mil | ... | ... | ... | ... | ... | ||||||||||||||||
Peru | USD mil | 2,110 | 2,214 | 2,162 | 2,345 | 2,907 | ||||||||||||||||
USA | USD mil | 737,747 | 757,992 | 748,646 | 706,082 | 650,081 | ||||||||||||||||
Venezuela | USD mil | 6,130 | 4,811 | 4,495 | 7,730 | 8,293 |