Panama Military Forces ๐Ÿ‡ต๐Ÿ‡ฆ

Panama Military Strength Overview

๐Ÿ›ฉ๏ธ Air Force 38 active aircrafts
๐Ÿ‘ฎโ€โ™€๏ธ Paramilitary 26,000 personnels

Defense Statistics & Key Metrics

Population 4.5 million (2023)
GDP $83.3 billion (2023)
GDP per capita $18686 (2023)
Military Budget $111.6 million (1999)
Share of GDP in Milex 1.0% (1999)
Share of Govt Expenditures 3.8% (1999)
Military spends per capita $38 (1999)
Inflation Rate 0.69% (2024)
Military Personnel 28,000 (2020)

Geography

Map of Panama
Capital Panama City
Land Area 74,340 kmยฒ
Coastline Length 2,490 km

Panama Military Budget History

Population and Military Personnel Trends

GDP and Inflation Rate Trends

Population, GDP, Inflation and Personnel: World Bank.
Military Expenditure: SIPRI Milex.