Military expenditure (current USD), gaps filled in Paraguay

Paraguay: Military expenditure (current USD), gaps filled was 413.97 million current USD in 2024. ◆ Volatile

Latest (2024)
413.97 million current USD
Change on year
up 4.1%
World rank
114th
of 167 countries
All-time high
413.97 million current USD
in 2024
All-time low
7.09 million current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Paraguay, 1960–2024

0100.0M200.0M300.0M400.0M196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Paraguay stood at 413.97 million current USD. That is the highest value across all 65 years on record.

That represents a change of up 4.1% on the previous year and up 3.9% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Paraguay peaked at 413.97 million current USD in 2024 and was at its lowest, 7.09 million current USD, in 1960.

That places Paraguay 114th out of 167 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.63 million current USD 7.09 million current USD 17.86 million current USD 10
1970s 41.01 million current USD 19.32 million current USD 69.52 million current USD 10
1980s 156.68 million current USD 89.33 million current USD 221.22 million current USD 10
1990s 163.12 million current USD 112.23 million current USD 206.93 million current USD 10
2000s 107.25 million current USD 63.51 million current USD 168.49 million current USD 10
2010s 342.05 million current USD 204.60 million current USD 398.37 million current USD 10
2020s 382.84 million current USD 364.34 million current USD 413.97 million current USD 5

Countries ranked near Paraguay

  1. 111 Nepal 426.52 million current USD compare
  2. 112 El Salvador 425.20 million current USD compare
  3. 113 Guatemala 415.19 million current USD compare
  4. 115 Sudan 375.21 million current USD compare
  5. 116 Namibia 362.39 million current USD compare
  6. 117 North Macedonia 353.69 million current USD compare

See the full ranking of 211 places →

More public sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Paraguay?
Military expenditure (current usd), gaps filled in Paraguay was 413.97 million current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Paraguay?
The highest recorded value was 413.97 million current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Paraguay?
The lowest recorded value was 7.09 million current USD in 1960.
How does Paraguay rank for military expenditure (current usd), gaps filled?
Paraguay ranks 114th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Paraguay?
Over the last ten years it is up 3.9%. 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), gaps filled. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Military expenditure (current USD), gaps filled in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/paraguay/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/paraguay/">Military expenditure (current USD), gaps filled in Paraguay</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.