2026 military data comparison
Panama vs Serbia Military Power
Compare Panama and Serbia across 17 available personnel, equipment and spending indicators. MilitaryDex ranks Panama #126 and Serbia #75 in the 2026 edition.
Panama
0.5Strength Score
1 indicators higher
Serbia
1.8Strength Score
15 indicators higher
Comparison at a glance
Higher MSS score
Serbia
0.5 vs 1.8
Indicators higher
1–15
1 tied
Global ranks
#126 / #75
of 145 profiles
Defense budgets
$1.1B
vs $2.8B
Category scorecard
Manpower0 – 0 – 3
Air force0 – 0 – 5
Navy1 – 0 – 0
Army and ground forces0 – 0 – 5
Financial and strategic0 – 1 – 2
Largest reported differences
Reserve troops: Serbia
Panama 0 · Serbia 2,000
Fighter aircraft: Serbia
Panama 0 · Serbia 11
Attack aircraft: Serbia
Panama 0 · Serbia 17
Attack helicopters: Serbia
Panama 0 · Serbia 4