Military expenditure (current LCU) in Paraguay

Paraguay: Military expenditure (current LCU) was 3.19 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
3.19 trillion current LCU
Change on year
up 1.9%
World rank
24th
of 168 countries
All-time high
3.19 trillion current LCU
in 2025
All-time low
873.07 million current LCU
in 1960
Years of data
66
1960–2025

Military expenditure in Paraguay, 1960–2025

01.0T2.0T3.0T196019922025

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

In 2025, military expenditure in Paraguay stood at 3.19 trillion current LCU. That is the highest value across all 66 years on record.

That represents a change of up 1.9% on the previous year and up 58.4% over ten years.

Over the whole period, military expenditure in Paraguay peaked at 3.19 trillion current LCU in 2025 and was at its lowest, 873.07 million current LCU, in 1960.

Paraguay ranks 24th of 168 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in Paraguay, year by year

Annual values for Military expenditure (current LCU) in Paraguay, 1960 to 2025.
Year current LCU Change
1960 873.07 million current LCU —
1961 905.62 million current LCU +3.7%
1962 1.04 billion current LCU +15.2%
1963 1.16 billion current LCU +11.3%
1964 1.24 billion current LCU +6.6%
1965 1.47 billion current LCU +19.0%
1966 1.71 billion current LCU +16.3%
1967 1.88 billion current LCU +9.9%
1968 2.09 billion current LCU +11.3%
1969 2.25 billion current LCU +7.4%
1970 2.43 billion current LCU +8.2%
1971 2.61 billion current LCU +7.4%
1972 3.64 billion current LCU +39.0%
1973 3.90 billion current LCU +7.2%
1974 3.96 billion current LCU +1.7%
1975 5.48 billion current LCU +38.3%
1976 5.89 billion current LCU +7.5%
1977 6.99 billion current LCU +18.7%
1978 8.76 billion current LCU +25.3%
1979 8.00 billion current LCU -8.6%
1980 11.26 billion current LCU +40.6%
1981 16.62 billion current LCU +47.7%
1982 26.21 billion current LCU +57.7%
1983 27.87 billion current LCU +6.3%
1984 34.77 billion current LCU +24.7%
1985 48.56 billion current LCU +39.7%
1986 64.93 billion current LCU +33.7%
1987 64.31 billion current LCU -1.0%
1988 98.14 billion current LCU +52.6%
1989 103.66 billion current LCU +5.6%
1990 138.03 billion current LCU +33.2%
1991 261.87 billion current LCU +89.7%
1992 254.38 billion current LCU -2.9%
1993 275.49 billion current LCU +8.3%
1994 306.86 billion current LCU +11.4%
1995 406.20 billion current LCU +32.4%
1996 415.50 billion current LCU +2.3%
1997 365.84 billion current LCU -12.0%
1998 379.70 billion current LCU +3.8%
1999 363.54 billion current LCU -4.3%
2000 384.36 billion current LCU +5.7%
2001 374.87 billion current LCU -2.5%
2002 399.52 billion current LCU +6.6%
2003 408.02 billion current LCU +2.1%
2004 504.65 billion current LCU +23.7%
2005 478.60 billion current LCU -5.2%
2006 600.50 billion current LCU +25.5%
2007 666.30 billion current LCU +11.0%
2008 733.70 billion current LCU +10.1%
2009 836.60 billion current LCU +14.0%
2010 968.90 billion current LCU +15.8%
2011 1.20 trillion current LCU +23.3%
2012 1.42 trillion current LCU +18.8%
2013 1.60 trillion current LCU +13.0%
2014 1.78 trillion current LCU +10.8%
2015 2.01 trillion current LCU +13.2%
2016 1.95 trillion current LCU -3.3%
2017 1.96 trillion current LCU +0.5%
2018 2.22 trillion current LCU +13.3%
2019 2.30 trillion current LCU +4.0%
2020 2.47 trillion current LCU +7.0%
2021 2.48 trillion current LCU +0.8%
2022 2.55 trillion current LCU +2.7%
2023 2.90 trillion current LCU +13.6%
2024 3.13 trillion current LCU +8.0%
2025 3.19 trillion current LCU +1.9%

Paraguay compared with similar countries

  • Paraguay's 3.19 trillion current LCU is above the median for upper middle income countries, which is 55.44 billion current LCU, 57.5× the median. (48 countries reporting)
  • Paraguay's 3.19 trillion current LCU is above the median for Latin America & Caribbean, which is 12.18 billion current LCU, 261.7× the median. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1991 +89.7% 138.03 billion current LCU 261.87 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.46 billion current LCU 873.07 million current LCU 2.25 billion current LCU 10
1970s 5.17 billion current LCU 2.43 billion current LCU 8.76 billion current LCU 10
1980s 49.63 billion current LCU 11.26 billion current LCU 103.66 billion current LCU 10
1990s 316.74 billion current LCU 138.03 billion current LCU 415.50 billion current LCU 10
2000s 538.71 billion current LCU 374.87 billion current LCU 836.60 billion current LCU 10
2010s 1.74 trillion current LCU 968.90 billion current LCU 2.30 trillion current LCU 10
2020s 2.79 trillion current LCU 2.47 trillion current LCU 3.19 trillion current LCU 6

Countries ranked near Paraguay

  1. 21 Pakistan 3.34 trillion current LCU compare
  2. 22 Democratic Republic of Congo 3.32 trillion current LCU compare
  3. 23 Nigeria 3.20 trillion current LCU compare
  4. 25 Cambodia 2.96 trillion current LCU compare
  5. 26 Tanzania 2.64 trillion current LCU compare
  6. 27 China 2.41 trillion current LCU compare

See the full ranking of 168 places →

More public sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is military expenditure in Paraguay?
Military expenditure in Paraguay was 3.19 trillion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Paraguay?
The highest recorded value was 3.19 trillion current LCU in 2025.
What is the lowest military expenditure recorded in Paraguay?
The lowest recorded value was 873.07 million current LCU in 1960.
How does Paraguay rank for military expenditure?
Paraguay ranks 24th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Paraguay?
Over the last ten years it is up 58.4%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Paraguay. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/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)