Paraguay vs Trinidad and Tobago: Military expenditure (current USD), per unit of GDP

Paraguay
0.0093 current USD per US$ of GDP
in 2024
Trinidad and Tobago
0.0091 current USD per US$ of GDP
in 2024
Paraguay rank
125th
Trinidad and Tobago rank
126th

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

  • Paraguay
  • Trinidad and Tobago
00.010.020.030.040.05196019922024

How they compare

Paraguay currently reports 0.0093 current USD per US$ of GDP against 0.0091 current USD per US$ of GDP in Trinidad and Tobago, a difference of 0.0002 current USD per US$ of GDP.

The two have swapped places 2 times across 40 shared years of data; in 1968 it was Paraguay ahead.

Paraguay ranks 125th and Trinidad and Tobago ranks 126th of 166 countries.

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

Head to head by decade

Decade Paraguay Trinidad and Tobago Difference Ahead
1960s 0.0321 current USD per US$ of GDP 0.0067 current USD per US$ of GDP 0.0254 current USD per US$ of GDP Paraguay
1970s 0.0284 current USD per US$ of GDP 0.0062 current USD per US$ of GDP 0.0222 current USD per US$ of GDP Paraguay
1980s 0.0218 current USD per US$ of GDP 0.0055 current USD per US$ of GDP 0.0163 current USD per US$ of GDP Paraguay
1990s 0.0211 current USD per US$ of GDP 0.0049 current USD per US$ of GDP 0.0163 current USD per US$ of GDP Paraguay
2000s 0.0083 current USD per US$ of GDP 0.0048 current USD per US$ of GDP 0.0035 current USD per US$ of GDP Paraguay
2010s 0.0094 current USD per US$ of GDP 0.0072 current USD per US$ of GDP 0.0022 current USD per US$ of GDP Paraguay
2020s 0.0094 current USD per US$ of GDP 0.0087 current USD per US$ of GDP 0.0007 current USD per US$ of GDP Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Paraguay or Trinidad and Tobago?
Paraguay, at 0.0093 current USD per US$ of GDP against 0.0091 current USD per US$ of GDP in Trinidad and Tobago as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Paraguay and Trinidad and Tobago?
0.0002 current USD per US$ of GDP, with Paraguay ahead.
How many years of comparable data are there for Paraguay and Trinidad and Tobago?
40 years are reported by both, from 1968 to 2024.
How do Paraguay and Trinidad and Tobago rank globally for military expenditure (current usd), per unit of gdp?
Paraguay ranks 125th and Trinidad and Tobago ranks 126th 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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Paraguay vs Trinidad and Tobago: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/paraguay/trinidad-and-tobago/

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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.