Military expenditure (current USD), gaps filled in Paraguay
Paraguay: Military expenditure (current USD), gaps filled was 413.97 million current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in Paraguay, 1960–2024
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.
Military expenditure (current USD), gaps filled in Paraguay, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 7.09 million current USD | — |
| 1961 | 7.19 million current USD | +1.4% |
| 1962 | 8.28 million current USD | +15.2% |
| 1963 | 9.21 million current USD | +11.3% |
| 1964 | 9.82 million current USD | +6.6% |
| 1965 | 11.68 million current USD | +19.0% |
| 1966 | 13.59 million current USD | +16.3% |
| 1967 | 14.94 million current USD | +9.9% |
| 1968 | 16.62 million current USD | +11.3% |
| 1969 | 17.86 million current USD | +7.4% |
| 1970 | 19.32 million current USD | +8.2% |
| 1971 | 20.75 million current USD | +7.4% |
| 1972 | 28.85 million current USD | +39.0% |
| 1973 | 30.92 million current USD | +7.2% |
| 1974 | 31.43 million current USD | +1.7% |
| 1975 | 43.49 million current USD | +38.3% |
| 1976 | 46.76 million current USD | +7.5% |
| 1977 | 55.49 million current USD | +18.7% |
| 1978 | 69.52 million current USD | +25.3% |
| 1979 | 63.53 million current USD | -8.6% |
| 1980 | 89.33 million current USD | +40.6% |
| 1981 | 131.94 million current USD | +47.7% |
| 1982 | 208.03 million current USD | +57.7% |
| 1983 | 221.22 million current USD | +6.3% |
| 1984 | 173.00 million current USD | -21.8% |
| 1985 | 158.36 million current USD | -8.5% |
| 1986 | 191.44 million current USD | +20.9% |
| 1987 | 116.92 million current USD | -38.9% |
| 1988 | 178.44 million current USD | +52.6% |
| 1989 | 98.14 million current USD | -45.0% |
| 1990 | 112.23 million current USD | +14.4% |
| 1991 | 197.61 million current USD | +76.1% |
| 1992 | 169.56 million current USD | -14.2% |
| 1993 | 157.93 million current USD | -6.9% |
| 1994 | 161.10 million current USD | +2.0% |
| 1995 | 206.93 million current USD | +28.4% |
| 1996 | 202.01 million current USD | -2.4% |
| 1997 | 167.98 million current USD | -16.8% |
| 1998 | 139.26 million current USD | -17.1% |
| 1999 | 116.55 million current USD | -16.3% |
| 2000 | 110.25 million current USD | -5.4% |
| 2001 | 91.30 million current USD | -17.2% |
| 2002 | 69.89 million current USD | -23.4% |
| 2003 | 63.51 million current USD | -9.1% |
| 2004 | 84.47 million current USD | +33.0% |
| 2005 | 77.47 million current USD | -8.3% |
| 2006 | 106.56 million current USD | +37.5% |
| 2007 | 132.39 million current USD | +24.2% |
| 2008 | 168.16 million current USD | +27.0% |
| 2009 | 168.49 million current USD | +0.2% |
| 2010 | 204.60 million current USD | +21.4% |
| 2011 | 285.11 million current USD | +39.3% |
| 2012 | 320.91 million current USD | +12.6% |
| 2013 | 371.22 million current USD | +15.7% |
| 2014 | 398.37 million current USD | +7.3% |
| 2015 | 386.54 million current USD | -3.0% |
| 2016 | 343.23 million current USD | -11.2% |
| 2017 | 348.18 million current USD | +1.4% |
| 2018 | 386.56 million current USD | +11.0% |
| 2019 | 375.78 million current USD | -2.8% |
| 2020 | 364.34 million current USD | -3.0% |
| 2021 | 372.60 million current USD | +2.3% |
| 2022 | 365.69 million current USD | -1.9% |
| 2023 | 397.58 million current USD | +8.7% |
| 2024 | 413.97 million current USD | +4.1% |
Paraguay compared with similar countries
- Paraguay's 413.97 million current USD is below the median for upper middle income countries, which is 1.38 billion current USD, 30% of the median. (48 countries reporting)
- Paraguay's 413.97 million current USD is below the median for Latin America & Caribbean, which is 420.19 million current USD, 99% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More public sector data for Paraguay
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.