Military expenditure (current USD), annual growth rate in Paraguay

Paraguay: Military expenditure (current USD), annual growth rate was 4.12 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.12 % change on previous year
Change on year
down 52.7%
World rank
107th
of 164 countries
All-time high
76.07 % change on previous year
in 1991
All-time low
-45 % change on previous year
in 1989
Years of data
64
1961–2024

Military expenditure (current USD), annual growth rate in Paraguay, 1961–2024

-50-250255075196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, military expenditure (current usd), annual growth rate in Paraguay stood at 4.12 % change on previous year.

The figure is down 52.7% on the previous year and down 43.6% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Paraguay peaked at 76.07 % change on previous year in 1991 and was at its lowest, -45 % change on previous year, in 1989.

That places Paraguay 107th out of 164 countries with data for 2024, putting it in the middle of the range.

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

Military expenditure (current USD), annual growth rate in Paraguay, year by year

Annual values for Military expenditure (current USD), annual growth rate in Paraguay, 1961 to 2024.
Year % change on previous year Change
1961 1.4 % change on previous year
1962 15.16 % change on previous year +986.1%
1963 11.26 % change on previous year -25.7%
1964 6.59 % change on previous year -41.5%
1965 18.99 % change on previous year +188.4%
1966 16.35 % change on previous year -13.9%
1967 9.92 % change on previous year -39.3%
1968 11.28 % change on previous year +13.7%
1969 7.43 % change on previous year -34.1%
1970 8.18 % change on previous year +10.0%
1971 7.42 % change on previous year -9.3%
1972 39.04 % change on previous year +426.2%
1973 7.15 % change on previous year -81.7%
1974 1.68 % change on previous year -76.6%
1975 38.35 % change on previous year +2187.9%
1976 7.52 % change on previous year -80.4%
1977 18.67 % change on previous year +148.3%
1978 25.3 % change on previous year +35.5%
1979 -8.62 % change on previous year -134.1%
1980 40.6 % change on previous year -571.1%
1981 47.71 % change on previous year +17.5%
1982 57.66 % change on previous year +20.9%
1983 6.34 % change on previous year -89.0%
1984 -21.8 % change on previous year -443.7%
1985 -8.46 % change on previous year -61.2%
1986 20.88 % change on previous year -346.9%
1987 -38.92 % change on previous year -286.4%
1988 52.61 % change on previous year -235.2%
1989 -45 % change on previous year -185.5%
1990 14.36 % change on previous year -131.9%
1991 76.07 % change on previous year +429.8%
1992 -14.2 % change on previous year -118.7%
1993 -6.86 % change on previous year -51.7%
1994 2.01 % change on previous year -129.3%
1995 28.45 % change on previous year +1317.2%
1996 -2.37 % change on previous year -108.3%
1997 -16.85 % change on previous year +609.4%
1998 -17.1 % change on previous year +1.5%
1999 -16.31 % change on previous year -4.6%
2000 -5.41 % change on previous year -66.8%
2001 -17.19 % change on previous year +217.7%
2002 -23.45 % change on previous year +36.4%
2003 -9.13 % change on previous year -61.1%
2004 32.99 % change on previous year -461.4%
2005 -8.29 % change on previous year -125.1%
2006 37.55 % change on previous year -553.2%
2007 24.25 % change on previous year -35.4%
2008 27.01 % change on previous year +11.4%
2009 0.1968 % change on previous year -99.3%
2010 21.44 % change on previous year +10790.7%
2011 39.34 % change on previous year +83.5%
2012 12.56 % change on previous year -68.1%
2013 15.68 % change on previous year +24.8%
2014 7.32 % change on previous year -53.3%
2015 -2.97 % change on previous year -140.6%
2016 -11.2 % change on previous year +277.2%
2017 1.44 % change on previous year -112.9%
2018 11.02 % change on previous year +664.6%
2019 -2.79 % change on previous year -125.3%
2020 -3.04 % change on previous year +9.2%
2021 2.27 % change on previous year -174.5%
2022 -1.86 % change on previous year -181.8%
2023 8.72 % change on previous year -570.0%
2024 4.12 % change on previous year -52.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.93 % change on previous year 1.4 % change on previous year 18.99 % change on previous year 9
1970s 14.47 % change on previous year -8.62 % change on previous year 39.04 % change on previous year 10
1980s 11.16 % change on previous year -45 % change on previous year 57.66 % change on previous year 10
1990s 4.72 % change on previous year -17.1 % change on previous year 76.07 % change on previous year 10
2000s 5.85 % change on previous year -23.45 % change on previous year 37.55 % change on previous year 10
2010s 9.18 % change on previous year -11.2 % change on previous year 39.34 % change on previous year 10
2020s 2.04 % change on previous year -3.04 % change on previous year 8.72 % change on previous year 5

Countries ranked near Paraguay

  1. 104 Jordan 4.49 % change on previous year compare
  2. 105 Australia 4.42 % change on previous year compare
  3. 106 Slovenia 4.27 % change on previous year compare
  4. 108 Yemen 4.01 % change on previous year compare
  5. 109 Kazakhstan 3.84 % change on previous year compare
  6. 110 Dominican Republic 3.65 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Paraguay?
Military expenditure (current usd), annual growth rate in Paraguay was 4.12 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Paraguay?
The highest recorded value was 76.07 % change on previous year in 1991.
What is the lowest military expenditure (current usd), annual growth rate recorded in Paraguay?
The lowest recorded value was -45 % change on previous year in 1989.
How does Paraguay rank for military expenditure (current usd), annual growth rate?
Paraguay ranks 107th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Paraguay?
Over the last ten years it is down 43.6%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 25 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/paraguay/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.