2026 military data comparison
Latvia vs Panama Military Power
Compare Latvia and Panama across 21 available personnel, equipment and spending indicators. MilitaryDex ranks Latvia #122 and Panama #126 in the 2026 edition.
Latvia
0.5Strength Score
5 indicators higher
Panama
0.5Strength Score
5 indicators higher
Comparison at a glance
Higher MSS score
Tie
0.5 vs 0.5
Indicators higher
5–5
11 tied
Global ranks
#122 / #126
of 145 profiles
Defense budgets
$42.0M
vs $1.1B
Category scorecard
Manpower2 – 0 – 1
Air force0 – 3 – 2
Navy1 – 4 – 0
Army and ground forces2 – 3 – 0
Financial and strategic0 – 1 – 2
Largest reported differences
Reserve troops: Latvia
Latvia 38,000 · Panama 0
Self-propelled artillery: Latvia
Latvia 47 · Panama 0
Defense budget: Panama
Latvia $42.0M · Panama $1.1B
Total aircraft: Panama
Latvia 3 · Panama 38