Military expenditure in Paraguay
Paraguay: Military expenditure was 0.9% in 2024. ◆ Volatile
Latest (2024)
0.9%
Change on year
up 1.2%
World rank
128th
of 164 countries
All-time high
3.8%
in 1972
All-time low
0.7%
in 2008
Years of data
65
1960–2024
Military expenditure in Paraguay, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
Paraguay recorded 0.9% for military expenditure in 2024.
The figure is up 1.2% on the previous year and down 5.4% over ten years.
Over the whole period, military expenditure in Paraguay peaked at 3.8% in 1972 and was at its lowest, 0.7%, in 2008.
That places Paraguay 128th out of 164 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 in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 2.5% | — |
| 1961 | 2.3% | -9.9% |
| 1962 | 2.3% | +0.8% |
| 1963 | 2.4% | +4.4% |
| 1964 | 2.4% | +0.2% |
| 1965 | 2.6% | +9.5% |
| 1966 | 2.9% | +10.8% |
| 1967 | 3.0% | +3.9% |
| 1968 | 3.2% | +5.9% |
| 1969 | 3.2% | -1.5% |
| 1970 | 3.3% | +4.9% |
| 1971 | 3.2% | -2.7% |
| 1972 | 3.8% | +19.3% |
| 1973 | 3.4% | -11.2% |
| 1974 | 2.6% | -25.0% |
| 1975 | 3.1% | +21.9% |
| 1976 | 3.0% | -4.3% |
| 1977 | 2.9% | -3.4% |
| 1978 | 3.0% | +2.4% |
| 1979 | 2.0% | -31.5% |
| 1980 | 2.2% | +7.7% |
| 1981 | 2.5% | +15.9% |
| 1982 | 3.8% | +50.5% |
| 1983 | 3.6% | -4.2% |
| 1984 | 3.5% | -3.8% |
| 1985 | 3.8% | +7.1% |
| 1986 | 3.8% | +1.2% |
| 1987 | 2.8% | -27.1% |
| 1988 | 3.2% | +15.2% |
| 1989 | 2.4% | -24.1% |
| 1990 | 2.1% | -12.1% |
| 1991 | 2.8% | +32.7% |
| 1992 | 2.4% | -16.3% |
| 1993 | 2.2% | -8.0% |
| 1994 | 2.0% | -6.0% |
| 1995 | 2.3% | +11.6% |
| 1996 | 2.1% | -9.6% |
| 1997 | 1.7% | -18.3% |
| 1998 | 1.5% | -8.5% |
| 1999 | 1.4% | -10.0% |
| 2000 | 1.2% | -10.4% |
| 2001 | 1.1% | -13.7% |
| 2002 | 1.0% | -9.6% |
| 2003 | 0.8% | -15.0% |
| 2004 | 0.9% | +6.3% |
| 2005 | 0.7% | -17.8% |
| 2006 | 0.8% | +10.0% |
| 2007 | 0.7% | -6.6% |
| 2008 | 0.7% | -7.9% |
| 2009 | 0.8% | +10.3% |
| 2010 | 0.8% | -0.4% |
| 2011 | 0.8% | +12.5% |
| 2012 | 1.0% | +14.2% |
| 2013 | 1.0% | -0.0% |
| 2014 | 1.0% | +2.3% |
| 2015 | 1.1% | +8.2% |
| 2016 | 1.0% | -10.9% |
| 2017 | 0.9% | -6.1% |
| 2018 | 1.0% | +7.7% |
| 2019 | 1.0% | +1.3% |
| 2020 | 1.0% | +5.5% |
| 2021 | 0.9% | -10.6% |
| 2022 | 0.9% | -5.1% |
| 2023 | 0.9% | +5.8% |
| 2024 | 0.9% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.7% | 2.3% | 3.2% | 10 |
| 1970s | 3.0% | 2.0% | 3.8% | 10 |
| 1980s | 3.2% | 2.2% | 3.8% | 10 |
| 1990s | 2.1% | 1.4% | 2.8% | 10 |
| 2000s | 0.9% | 0.7% | 1.2% | 10 |
| 2010s | 0.9% | 0.8% | 1.1% | 10 |
| 2020s | 0.9% | 0.9% | 1.0% | 5 |
Countries ranked near Paraguay
- 125 Brazil 1.0% compare
- 126 Luxembourg 1.0% compare
- 127 Bangladesh 0.9% compare
- 129 Sudan 0.9% compare
- 130 Trinidad and Tobago 0.9% compare
- 131 Peru 0.9% 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), per unit of GDP 0.0093 current USD per US$ of GDP (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)
Frequently asked questions
- What is military expenditure in Paraguay?
- Military expenditure in Paraguay was 0.9% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Paraguay?
- The highest recorded value was 3.8% in 1972.
- What is the lowest military expenditure recorded in Paraguay?
- The lowest recorded value was 0.7% in 2008.
- How does Paraguay rank for military expenditure?
- Paraguay ranks 128th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Paraguay?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product