Military expenditure (current USD), per capita in Paraguay

Paraguay: Military expenditure (current USD), per capita was 59.74 current USD per person in 2024. ◆ Volatile

Latest (2024)
59.74 current USD per person
Change on year
up 2.8%
World rank
98th
of 167 countries
All-time high
66.67 current USD per person
in 1983
All-time low
3.73 current USD per person
in 1961
Years of data
65
1960–2024

Military expenditure (current USD), per capita in Paraguay, 1960–2024

0204060196019922024

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

Analysis

In 2024, military expenditure (current usd), per capita in Paraguay stood at 59.74 current USD per person.

That represents a change of up 2.8% on the previous year and down 9.0% over ten years.

Over the whole period, military expenditure (current usd), per capita in Paraguay peaked at 66.67 current USD per person in 1983 and was at its lowest, 3.73 current USD per person, in 1961.

That places Paraguay 98th 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), per capita in Paraguay, year by year

Annual values for Military expenditure (current USD), per capita in Paraguay, 1960 to 2024.
Year current USD per person Change
1960 3.76 current USD per person —
1961 3.73 current USD per person -0.9%
1962 4.19 current USD per person +12.5%
1963 4.55 current USD per person +8.6%
1964 4.73 current USD per person +4.0%
1965 5.5 current USD per person +16.1%
1966 6.24 current USD per person +13.5%
1967 6.7 current USD per person +7.3%
1968 7.28 current USD per person +8.7%
1969 7.65 current USD per person +5.0%
1970 8.09 current USD per person +5.8%
1971 8.5 current USD per person +5.0%
1972 11.54 current USD per person +35.9%
1973 12.07 current USD per person +4.6%
1974 11.97 current USD per person -0.8%
1975 16.16 current USD per person +35.0%
1976 16.95 current USD per person +4.9%
1977 19.62 current USD per person +15.8%
1978 23.98 current USD per person +22.2%
1979 21.36 current USD per person -10.9%
1980 29.26 current USD per person +37.0%
1981 42.05 current USD per person +43.7%
1982 64.48 current USD per person +53.3%
1983 66.67 current USD per person +3.4%
1984 50.69 current USD per person -24.0%
1985 45.11 current USD per person -11.0%
1986 53.01 current USD per person +17.5%
1987 31.47 current USD per person -40.6%
1988 46.7 current USD per person +48.4%
1989 24.99 current USD per person -46.5%
1990 27.81 current USD per person +11.3%
1991 47.68 current USD per person +71.5%
1992 39.86 current USD per person -16.4%
1993 36.2 current USD per person -9.2%
1994 36.03 current USD per person -0.5%
1995 45.18 current USD per person +25.4%
1996 43.1 current USD per person -4.6%
1997 35.04 current USD per person -18.7%
1998 28.42 current USD per person -18.9%
1999 23.3 current USD per person -18.0%
2000 21.61 current USD per person -7.2%
2001 17.6 current USD per person -18.6%
2002 13.28 current USD per person -24.5%
2003 11.92 current USD per person -10.2%
2004 15.68 current USD per person +31.5%
2005 14.22 current USD per person -9.3%
2006 19.36 current USD per person +36.1%
2007 23.81 current USD per person +23.0%
2008 29.96 current USD per person +25.8%
2009 29.71 current USD per person -0.8%
2010 35.66 current USD per person +20.0%
2011 49.03 current USD per person +37.5%
2012 54.42 current USD per person +11.0%
2013 62.05 current USD per person +14.0%
2014 65.63 current USD per person +5.8%
2015 62.76 current USD per person -4.4%
2016 54.92 current USD per person -12.5%
2017 54.93 current USD per person +0.0%
2018 60.14 current USD per person +9.5%
2019 57.68 current USD per person -4.1%
2020 55.17 current USD per person -4.3%
2021 55.74 current USD per person +1.0%
2022 54.09 current USD per person -3.0%
2023 58.09 current USD per person +7.4%
2024 59.74 current USD per person +2.8%

Paraguay compared with similar countries

  • Paraguay's 59.74 current USD per person is below the median for upper middle income countries, which is 91.94 current USD per person, 65% of the median. (48 countries reporting)
  • Paraguay's 59.74 current USD per person is below the median for Latin America & Caribbean, which is 73.61 current USD per person, 81% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.43 current USD per person 3.73 current USD per person 7.65 current USD per person 10
1970s 15.02 current USD per person 8.09 current USD per person 23.98 current USD per person 10
1980s 45.44 current USD per person 24.99 current USD per person 66.67 current USD per person 10
1990s 36.26 current USD per person 23.3 current USD per person 47.68 current USD per person 10
2000s 19.72 current USD per person 11.92 current USD per person 29.96 current USD per person 10
2010s 55.72 current USD per person 35.66 current USD per person 65.63 current USD per person 10
2020s 56.57 current USD per person 54.09 current USD per person 59.74 current USD per person 5

Countries ranked near Paraguay

  1. 95 North Korea 61.87 current USD per person compare
  2. 96 Sri Lanka 60.84 current USD per person compare
  3. 97 Equatorial Guinea 59.78 current USD per person compare
  4. 99 India 59.36 current USD per person compare
  5. 100 Kazakhstan 58.71 current USD per person compare
  6. 101 Vietnam 57.15 current USD per person 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), per capita in Paraguay?
Military expenditure (current usd), per capita in Paraguay was 59.74 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Paraguay?
The highest recorded value was 66.67 current USD per person in 1983.
What is the lowest military expenditure (current usd), per capita recorded in Paraguay?
The lowest recorded value was 3.73 current USD per person in 1961.
How does Paraguay rank for military expenditure (current usd), per capita?
Paraguay ranks 98th out of 167 countries with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Paraguay?
Over the last ten years it is down 9.0%. 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), per capita. 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), per capita in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/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-per-capita/paraguay/">Military expenditure (current USD), per capita in Paraguay</a> — Statizoid

How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

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), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.