Belize vs Paraguay: Military expenditure (current USD), per unit of GDP

Belize
0.0094 current USD per US$ of GDP
in 2024
Paraguay
0.0093 current USD per US$ of GDP
in 2024
Belize rank
123rd
Paraguay rank
125th

Military expenditure (current USD), per unit of GDP over time

  • Belize
  • Paraguay
0.010.020.030.040.05196019922024

How they compare

Belize currently reports 0.0094 current USD per US$ of GDP against 0.0093 current USD per US$ of GDP in Paraguay, a difference of 0.0001 current USD per US$ of GDP.

The two have swapped places 5 times across 42 shared years of data; in 1978 it was Paraguay ahead.

Belize ranks 123rd and Paraguay ranks 125th of 166 countries.

Across the 6 decades both report, Belize averaged higher in 1 and Paraguay in 5.

Head to head by decade

Decade Belize Paraguay Difference Ahead
1970s 0.0063 current USD per US$ of GDP 0.0229 current USD per US$ of GDP 0.0166 current USD per US$ of GDP Paraguay
1980s 0.0096 current USD per US$ of GDP 0.0326 current USD per US$ of GDP 0.023 current USD per US$ of GDP Paraguay
1990s 0.0091 current USD per US$ of GDP 0.0217 current USD per US$ of GDP 0.0127 current USD per US$ of GDP Paraguay
2000s 0.0076 current USD per US$ of GDP 0.0087 current USD per US$ of GDP 0.0011 current USD per US$ of GDP Paraguay
2010s 0.0093 current USD per US$ of GDP 0.0094 current USD per US$ of GDP 0.0001 current USD per US$ of GDP Paraguay
2020s 0.0106 current USD per US$ of GDP 0.0094 current USD per US$ of GDP 0.0012 current USD per US$ of GDP Belize

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Belize or Paraguay?
Belize, at 0.0094 current USD per US$ of GDP against 0.0093 current USD per US$ of GDP in Paraguay as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Belize and Paraguay?
0.0001 current USD per US$ of GDP, with Belize ahead.
How many years of comparable data are there for Belize and Paraguay?
42 years are reported by both, from 1978 to 2024.
How do Belize and Paraguay rank globally for military expenditure (current usd), per unit of gdp?
Belize ranks 123rd and Paraguay ranks 125th of 166 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Paraguay: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/belize/paraguay/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.