2026 military data comparison
Panama vs Nicaragua Military Power
Compare Panama and Nicaragua across 21 available personnel, equipment and spending indicators. MilitaryDex ranks Panama #126 and Nicaragua #84 in the 2026 edition.
Panama
0.5Strength Score
3 indicators higher
Nicaragua
1.5Strength Score
8 indicators higher
Comparison at a glance
Higher MSS score
Nicaragua
0.5 vs 1.5
Indicators higher
3–8
10 tied
Global ranks
#126 / #84
of 145 profiles
Defense budgets
$1.1B
vs $1.3B
Category scorecard
Manpower1 – 1 – 1
Air force2 – 3 – 0
Navy0 – 4 – 1
Army and ground forces0 – 1 – 4
Financial and strategic0 – 1 – 2
Largest reported differences
Tanks: Nicaragua
Panama 0 · Nicaragua 186
Towed artillery: Nicaragua
Panama 0 · Nicaragua 347
Multiple-launch rocket systems: Nicaragua
Panama 0 · Nicaragua 151
Paramilitary: Panama
Panama 80,000 · Nicaragua 5,500