Panama PA: Military Expenditure: % of GDP

1987 - 2017 | Yearly | % | World Bank

Panama PA: Military Expenditure: % of GDP data was reported at 0.000 % in 2017. This stayed constant from the previous number of 0.000 % for 2016. Panama PA: Military Expenditure: % of GDP data is updated yearly, averaging 0.000 % from Dec 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 2.111 % in 1988 and a record low of 0.000 % in 2017. Panama PA: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Defense and Official Development Assistance. 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.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Panama's Panama PA: Military Expenditure: % of GDP from 1987 to 2017 in the chart:

Panama Panama PA: Military Expenditure: % of GDP

What was Panama's Panama PA: Military Expenditure: % of GDP in 2017?

Last Previous Min Max Unit Frequency Range
0.00 2017 0.00 2016 0.00 2017 1.74 1988 % yearly 1987 - 2017

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Panama Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 47,426.990 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 21,973.697 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 5.000 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 2.0 Sep 2022 quarterly Mar 2008 - Sep 2022
GDP per Capita (USD) 14,339.427 2016 yearly 1950 - 2016
Gross Fixed Capital Formation (USD mn) 26,894.290 2023 yearly 1996 - 2023
Gross National Product (GNP) (USD mn) 80,057.283 2023 yearly 1960 - 2023
Gross Savings Rate (%) 41.1 2023 yearly 1960 - 2023
Investment: % of GDP (%) 37.7 2023 yearly 1996 - 2023
Nominal GDP (USD mn) 18,056.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Nominal GDP Growth (%) 2.051 Sep 2024 quarterly Mar 2008 - Sep 2024
Private Consumption Expenditure (USD mn) 37,153.342 2022 yearly 1969 - 2022
Private Consumption: % of GDP (%) 48.7 2022 yearly 1996 - 2022
Public Consumption Expenditure (USD mn) 10,154.666 2023 yearly 1950 - 2023
Public Consumption: % of GDP (%) 13.7 2021 yearly 1996 - 2021
Real GDP Growth (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 89.533 2023 yearly 1960 - 2023
Production Last Frequency Range
Gold Production (kg) 4,400.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Minerals Production (Metric Ton) 373,271.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 78.419 2021 yearly 1993 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
National Government Debt (USD mn) 53,873.6 Nov 2024 monthly Jul 2004 - Nov 2024
Tax Revenue (USD mn) 376.798 Oct 2024 monthly Jan 1995 - Oct 2024
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 1,063,250.000 Aug 2017 monthly Mar 2008 - Aug 2017
Forecast: Population (Person mn) 4.734 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.700 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 62.4 2023 yearly 2003 - 2023
Labour Productivity Growth (%) 4.33 2023 yearly 1992 - 2023
Monthly Earnings (USD) 1,288 2023 yearly 1970 - 2023
Population (Person mn) 4.5 2024 yearly 1950 - 2024
Unemployment Rate (%) 7.40 2023 yearly 2003 - 2023
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 7,851.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 39,049.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 3,839 Nov 2024 monthly Jan 2005 - Nov 2024
Motor Vehicles Sales Growth (%) 1.3 Nov 2024 monthly Jan 2006 - Nov 2024

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