Panama: Military spending, percent of government spending
* indicates monthly or quarterly data series
Panama |
Military spending, percent of total government spending |
---|---|
Latest value | 3.82 |
Year | 1999 |
Measure | percent |
Data availability | 1994 - 1999 |
Average | 4.54 |
Min - Max | 3.76 - 5.46 |
Source | Stockholm International Peace Research Institute |
The latest value from 1999 is 3.82 percent, an increase from 3.76 percent in 1998. In comparison, the world average is 9.27 percent, based on data from 116 countries. Historically, the average for Panama from 1994 to 1999 is 4.54 percent. The minimum value, 3.76 percent, was reached in 1998 while the maximum of 5.46 percent was recorded in 1996.
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Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Military spending | 0.00 | 2022 | billion U.S. dollars |
Military spending, percent of GDP | 0.97 | 1999 | percent |
Military spending, percent of government spending | 3.82 | 1999 | percent |
Armed forces | 28,000 | 2020 | people |
Armed forces, percent of labor force | 1.45 | 2020 | percent |
Arms exports | 1.00 | 2019 | million U.S. dollars |
Arms imports | 8.00 | 2022 | dollars |