Military Strength:
Panama vs
Paraguay
Paraguay (ranked #125 globally) holds a stronger overall military position than Panama (#132) on the ARMS Index. Panama fields 28,000 active troops vs 29,000 for Paraguay, backed by 164,500 reserves and 14,800 paramilitary. Panama's $1.0B defense budget is 2.7:1 that of Paraguay ($0.4B).
ARMS (Aggregate Rating of Military Strength) Index face-off Full ranking →
ARMS Index / 100
Paraguay leads overall, ahead on 1 of 6 pillars
Panama
Paraguay
Pillar scores 0–100 (weight under each label) over a headline figure from that domain · readiness modifier ×1.00 vs ×0.97 · Methodology
Key figures
| Panama | Paraguay | Ratio | |
|---|---|---|---|
| Defense budget | $952M | $356M | 🇵🇦 2.7× |
| – share of GDP | 1.1% | 0.8% | 🇵🇦 1.4× |
| Active personnel | 28,000 | 29,000 | 🇵🇾 ≈ |
| Combat aircraft | 0 | 0 | — |
| Warships | 0 | 0 | — |
| – submarines | 0 | 0 | — |
| Main battle tanks | 0 | 0 | — |
| Nuclear warheads | 0 | 0 | — |
Show full breakdown · 11 more rowsHide the 11 extra rows
| Reserve troops | 0 | 164,500 | 🇵🇾 |
| Paramilitary forces | 26,000 | 14,800 | 🇵🇦 1.8× |
| Military aircraft (all types) | 40 | 56 | 🇵🇾 1.4× |
| – helicopters | 25 | 17 | 🇵🇦 1.5× |
| Budget share of govt spending | — | — | — |
| Budget per capita | $211 | $51 | 🇵🇦 4.1× |
| Population | 4.5M | 6.9M | 🇵🇾 1.5× |
| GDP | $87B | $44B | 🇵🇦 1.9× |
| GDP per capita | $19,161 | $6,416 | 🇵🇦 3.0× |
| Land area | 74,340 km² | 397,302 km² | 🇵🇾 5.3× |
| Coastline | 2,490 km | 0 km | 🇵🇦 |
Defense budget history Panama ×1.2 · Paraguay ×1.0 since 2020
Military personnel history
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Frequently Asked Questions
Who has more military personnel, Panama or Paraguay?
Paraguay has approximately 29,000 active military personnel compared to Panama's 28,000.
Which country spends more on defense, Panama or Paraguay?
Panama has a larger defense budget at $952 million (2.7:1 more) compared to Paraguay's $356 million annually.
Do Panama and Paraguay have nuclear weapons?
Neither Panama nor Paraguay currently possesses nuclear weapons.