Nigeria vs Paraguay: Military expenditure (current LCU)

Nigeria
3.20 trillion current LCU
in 2025
Paraguay
3.19 trillion current LCU
in 2025
Nigeria rank
23rd
Paraguay rank
24th

Military expenditure (current LCU) over time

  • Nigeria
  • Paraguay
01.0T2.0T3.0T196019922025

How they compare

Nigeria currently reports 3.20 trillion current LCU against 3.19 trillion current LCU in Paraguay, a difference of 9.10 billion current LCU.

The two have swapped places 1 time across 66 shared years of data; in 1960 it was Paraguay ahead.

Nigeria ranks 23rd and Paraguay ranks 24th of 168 countries.

Paraguay has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Nigeria Paraguay Difference Ahead
1960s 114.66 million current LCU 1.46 billion current LCU 1.35 billion current LCU Paraguay
1970s 1.24 billion current LCU 5.17 billion current LCU 3.93 billion current LCU Paraguay
1980s 1.14 billion current LCU 49.63 billion current LCU 48.50 billion current LCU Paraguay
1990s 13.89 billion current LCU 316.74 billion current LCU 302.85 billion current LCU Paraguay
2000s 109.62 billion current LCU 538.71 billion current LCU 429.10 billion current LCU Paraguay
2010s 444.69 billion current LCU 1.74 trillion current LCU 1.30 trillion current LCU Paraguay
2020s 1.82 trillion current LCU 2.79 trillion current LCU 965.36 billion current LCU Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Nigeria or Paraguay?
Nigeria, at 3.20 trillion current LCU against 3.19 trillion current LCU in Paraguay as of 2025.
What is the difference in military expenditure between Nigeria and Paraguay?
9.10 billion current LCU, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Paraguay?
66 years are reported by both, from 1960 to 2025.
How do Nigeria and Paraguay rank globally for military expenditure?
Nigeria ranks 23rd and Paraguay ranks 24th of 168 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Paraguay: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/nigeria/paraguay/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)