2026 military data comparison
Paraguay vs Panama Military Power
Compare Paraguay and Panama across 17 available personnel, equipment and spending indicators. MilitaryDex ranks Paraguay #111 and Panama #126 in the 2026 edition.
Paraguay
0.7Strength Score
7 indicators higher
Panama
0.5Strength Score
6 indicators higher
Comparison at a glance
Higher MSS score
Paraguay
0.7 vs 0.5
Indicators higher
7–6
4 tied
Global ranks
#111 / #126
of 145 profiles
Defense budgets
$416.8M
vs $1.1B
Category scorecard
Manpower1 – 0 – 2
Air force2 – 2 – 1
Navy0 – 0 – 1
Army and ground forces4 – 1 – 0
Financial and strategic0 – 1 – 2
Largest reported differences
Reserve troops: Paraguay
Paraguay 168,500 · Panama 0
Attack aircraft: Paraguay
Paraguay 4 · Panama 0
Total naval assets: Panama
Paraguay 0 · Panama 14
Tanks: Paraguay
Paraguay 10 · Panama 0