2026 military data comparison
Panama vs Luxembourg Military Power
Compare Panama and Luxembourg across 17 available personnel, equipment and spending indicators. MilitaryDex ranks Panama #126 and Luxembourg #136 in the 2026 edition.
Panama
0.5Strength Score
6 indicators higher
Luxembourg
0.3Strength Score
2 indicators higher
Comparison at a glance
Higher MSS score
Panama
0.5 vs 0.3
Indicators higher
6–2
9 tied
Global ranks
#126 / #136
of 145 profiles
Defense budgets
$1.1B
vs $1.5B
Category scorecard
Manpower2 – 1 – 0
Air force2 – 3 – 0
Navy1 – 0 – 0
Army and ground forces1 – 4 – 0
Financial and strategic0 – 1 – 2
Largest reported differences
Paramilitary: Panama
Panama 80,000 · Luxembourg 0
Helicopters: Panama
Panama 23 · Luxembourg 0
Total naval assets: Panama
Panama 14 · Luxembourg 0
Total aircraft: Panama
Panama 38 · Luxembourg 1