Arms exports — all countries

Arms exports — Panama

Arms exports in Panama in 2019 — 1,000,000 M TIV. Ranked 40 in the world out of 44. Since 1979, the indicator has fallen by 50%.

2019 1,000,000 M TIV −50% vs 1979
World rank 40of 44
Period maximum 2,000,000 M TIV1979
Period minimum 1,000,000 M TIV2019

Trend over time

1979–2019 · million TIV (constant 1990 prices)

Arms exports — Panama, 1979–20191,000,0001,250,0001,500,0001,750,0002,000,000197919831987199119951999200320072011201520191979: 2,000,000 M TIV2019: 1,000,000 M TIV
Change over the period: −1,000,000 (−50%) Average annual rate: -1.72 %

Comparison, 2019

How the value compares with the world and the groups this territory belongs to: Panama

Panama 1,000,000 M TIV
World 24,411,000,000 M TIV
Latin America & Caribbean 33,000,000 M TIV
Arms exports — Panama, by year Panama All countries CSV XLSX
Year M TIV Change Change, %
2019 1,000,000
1979 2,000,000

Central America, 2019

The same indicator for neighboring countries — with links to their pages

MX Mexico 1,000,000 PA Panama 1,000,000

About the indicator

Transfers of major conventional weapons expressed in SIPRI trend-indicator values (TIV) in constant 1990 prices. TIV reflects the military capability of the equipment transferred rather than the price of the contract: deals of equal value can give different TIV, and secondhand equipment is valued below new.

Important: TIV cannot be read as the monetary value of the transfers — it is an indicator of the volume of military capability handed over.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.