Military expenditure (current USD), per unit of GDP in Paraguay
Paraguay: Military expenditure (current USD), per unit of GDP was 0.0093 current USD per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0093 current USD per US$ of GDP
Change on year
up 0.4%
World rank
125th
of 166 countries
All-time high
0.0514 current USD per US$ of GDP
in 1986
All-time low
0.0068 current USD per US$ of GDP
in 2008
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Paraguay, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Paraguay recorded 0.0093 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
The figure is up 0.4% on the previous year and down 6.2% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Paraguay peaked at 0.0514 current USD per US$ of GDP in 1986 and was at its lowest, 0.0068 current USD per US$ of GDP, in 2008.
That places Paraguay 125th out of 166 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), per unit of GDP in Paraguay, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0245 current USD per US$ of GDP | — |
| 1961 | 0.0223 current USD per US$ of GDP | -9.0% |
| 1962 | 0.0229 current USD per US$ of GDP | +2.8% |
| 1963 | 0.024 current USD per US$ of GDP | +4.5% |
| 1964 | 0.024 current USD per US$ of GDP | +0.2% |
| 1965 | 0.0263 current USD per US$ of GDP | +9.5% |
| 1966 | 0.0292 current USD per US$ of GDP | +10.8% |
| 1967 | 0.0303 current USD per US$ of GDP | +3.9% |
| 1968 | 0.0321 current USD per US$ of GDP | +5.9% |
| 1969 | 0.0321 current USD per US$ of GDP | -0.0% |
| 1970 | 0.0325 current USD per US$ of GDP | +1.2% |
| 1971 | 0.0312 current USD per US$ of GDP | -3.9% |
| 1972 | 0.0375 current USD per US$ of GDP | +20.2% |
| 1973 | 0.0311 current USD per US$ of GDP | -17.2% |
| 1974 | 0.0236 current USD per US$ of GDP | -24.1% |
| 1975 | 0.0288 current USD per US$ of GDP | +22.1% |
| 1976 | 0.0275 current USD per US$ of GDP | -4.4% |
| 1977 | 0.0265 current USD per US$ of GDP | -3.6% |
| 1978 | 0.0272 current USD per US$ of GDP | +2.4% |
| 1979 | 0.0186 current USD per US$ of GDP | -31.5% |
| 1980 | 0.0201 current USD per US$ of GDP | +8.0% |
| 1981 | 0.0235 current USD per US$ of GDP | +16.8% |
| 1982 | 0.0384 current USD per US$ of GDP | +63.6% |
| 1983 | 0.039 current USD per US$ of GDP | +1.6% |
| 1984 | 0.0384 current USD per US$ of GDP | -1.5% |
| 1985 | 0.0482 current USD per US$ of GDP | +25.6% |
| 1986 | 0.0514 current USD per US$ of GDP | +6.6% |
| 1987 | 0.0294 current USD per US$ of GDP | -42.7% |
| 1988 | 0.0419 current USD per US$ of GDP | +42.4% |
| 1989 | 0.0206 current USD per US$ of GDP | -50.8% |
| 1990 | 0.0193 current USD per US$ of GDP | -6.4% |
| 1991 | 0.0283 current USD per US$ of GDP | +46.5% |
| 1992 | 0.0237 current USD per US$ of GDP | -16.3% |
| 1993 | 0.0218 current USD per US$ of GDP | -8.0% |
| 1994 | 0.0205 current USD per US$ of GDP | -6.0% |
| 1995 | 0.0228 current USD per US$ of GDP | +11.6% |
| 1996 | 0.0206 current USD per US$ of GDP | -9.6% |
| 1997 | 0.0169 current USD per US$ of GDP | -18.3% |
| 1998 | 0.015 current USD per US$ of GDP | -10.8% |
| 1999 | 0.0132 current USD per US$ of GDP | -12.3% |
| 2000 | 0.0124 current USD per US$ of GDP | -5.6% |
| 2001 | 0.0107 current USD per US$ of GDP | -13.7% |
| 2002 | 0.0097 current USD per US$ of GDP | -9.6% |
| 2003 | 0.0083 current USD per US$ of GDP | -15.0% |
| 2004 | 0.0088 current USD per US$ of GDP | +6.3% |
| 2005 | 0.0072 current USD per US$ of GDP | -17.8% |
| 2006 | 0.0079 current USD per US$ of GDP | +10.0% |
| 2007 | 0.0074 current USD per US$ of GDP | -6.6% |
| 2008 | 0.0068 current USD per US$ of GDP | -7.9% |
| 2009 | 0.0075 current USD per US$ of GDP | +10.3% |
| 2010 | 0.0075 current USD per US$ of GDP | -0.4% |
| 2011 | 0.0084 current USD per US$ of GDP | +12.5% |
| 2012 | 0.0096 current USD per US$ of GDP | +14.2% |
| 2013 | 0.0096 current USD per US$ of GDP | -0.0% |
| 2014 | 0.0099 current USD per US$ of GDP | +2.3% |
| 2015 | 0.0107 current USD per US$ of GDP | +8.2% |
| 2016 | 0.0095 current USD per US$ of GDP | -10.9% |
| 2017 | 0.0089 current USD per US$ of GDP | -6.1% |
| 2018 | 0.0096 current USD per US$ of GDP | +7.6% |
| 2019 | 0.0099 current USD per US$ of GDP | +3.1% |
| 2020 | 0.0103 current USD per US$ of GDP | +3.8% |
| 2021 | 0.0093 current USD per US$ of GDP | -9.3% |
| 2022 | 0.0087 current USD per US$ of GDP | -6.3% |
| 2023 | 0.0092 current USD per US$ of GDP | +5.4% |
| 2024 | 0.0093 current USD per US$ of GDP | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0268 current USD per US$ of GDP | 0.0223 current USD per US$ of GDP | 0.0321 current USD per US$ of GDP | 10 |
| 1970s | 0.0284 current USD per US$ of GDP | 0.0186 current USD per US$ of GDP | 0.0375 current USD per US$ of GDP | 10 |
| 1980s | 0.0351 current USD per US$ of GDP | 0.0201 current USD per US$ of GDP | 0.0514 current USD per US$ of GDP | 10 |
| 1990s | 0.0202 current USD per US$ of GDP | 0.0132 current USD per US$ of GDP | 0.0283 current USD per US$ of GDP | 10 |
| 2000s | 0.0087 current USD per US$ of GDP | 0.0068 current USD per US$ of GDP | 0.0124 current USD per US$ of GDP | 10 |
| 2010s | 0.0094 current USD per US$ of GDP | 0.0075 current USD per US$ of GDP | 0.0107 current USD per US$ of GDP | 10 |
| 2020s | 0.0094 current USD per US$ of GDP | 0.0087 current USD per US$ of GDP | 0.0103 current USD per US$ of GDP | 5 |
Countries ranked near Paraguay
- 122 Brazil 0.0096 current USD per US$ of GDP compare
- 123 Belize 0.0094 current USD per US$ of GDP compare
- 124 Luxembourg 0.0093 current USD per US$ of GDP compare
- 126 Trinidad and Tobago 0.0091 current USD per US$ of GDP compare
- 127 Mexico 0.0091 current USD per US$ of GDP compare
- 128 Bangladesh 0.009 current USD per US$ of GDP compare
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0.748 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 59.74 current USD per person (2024)
- Military expenditure (current USD), annual growth rate 4.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 413.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.58 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 1,004 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), per unit of gdp in Paraguay?
- Military expenditure (current usd), per unit of gdp in Paraguay was 0.0093 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Paraguay?
- The highest recorded value was 0.0514 current USD per US$ of GDP in 1986.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Paraguay?
- The lowest recorded value was 0.0068 current USD per US$ of GDP in 2008.
- How does Paraguay rank for military expenditure (current usd), per unit of gdp?
- Paraguay ranks 125th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Paraguay?
- Over the last ten years it is down 6.2%. 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 unit of GDP. 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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.