Panama: Arms exports

The latest value from 2019 is 1 million U.S. dollars, a decline from 2 million U.S. dollars in 1979. In comparison, the world average is 607.68 million U.S. dollars, based on data from 44 countries. Historically, the average for Panama from 1979 to 2019 is 1.5 million U.S. dollars. The minimum value, 1 million U.S. dollars, was reached in 2019 while the maximum of 2 million U.S. dollars was recorded in 1979. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships designed for military use. Excluded are transfers of other military equipment such as small arms and light weapons, trucks, small artillery, ammunition, support equipment, technology transfers, and other services. Figures are SIPRI Trend Indicator Values (TIVs) expressed in US$ m. A '0' indicates that the value of deliveries is less than US$0.5m