Military expenditure in Paraguay

Paraguay: Military expenditure was 4.5% in 2024. ◆ Volatile

Latest (2024)
4.5%
Change on year
up 4.1%
World rank
95th
of 161 countries
All-time high
32.8%
in 1988
All-time low
4.3%
in 2023
Years of data
37
1988–2024

Military expenditure in Paraguay, 1988–2024

01020301988200620241988: 32.8 % of general government expenditure1989: 20.5 % of general government expenditure1990: 21.7 % of general government expenditure1991: 24.9 % of general government expenditure1992: 18.3 % of general government expenditure1993: 16.8 % of general government expenditure1994: 14.1 % of general government expenditure1995: 14.5 % of general government expenditure1996: 12.2 % of general government expenditure1997: 9.3 % of general government expenditure1998: 8.4 % of general government expenditure1999: 6.9 % of general government expenditure2000: 6.3 % of general government expenditure2001: 5.6 % of general government expenditure2002: 5.5 % of general government expenditure2003: 5.2 % of general government expenditure2004: 5.7 % of general government expenditure2005: 5 % of general government expenditure2006: 5.3 % of general government expenditure2007: 5.4 % of general government expenditure2008: 5.5 % of general government expenditure2009: 5 % of general government expenditure2010: 5.1 % of general government expenditure2011: 5.4 % of general government expenditure2012: 5.2 % of general government expenditure2013: 5.5 % of general government expenditure2014: 5.8 % of general government expenditure2015: 5.9 % of general government expenditure2016: 5.4 % of general government expenditure2017: 4.9 % of general government expenditure2018: 5.2 % of general government expenditure2019: 4.8 % of general government expenditure2020: 4.5 % of general government expenditure2021: 4.5 % of general government expenditure2022: 4.3 % of general government expenditure2023: 4.3 % of general government expenditure2024: 4.5 % of general government expenditure

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of general government expenditure.

Analysis

In 2024, military expenditure in Paraguay stood at 4.5%.

That represents a change of up 4.1% on the previous year and down 22.4% over ten years.

Over the whole period, military expenditure in Paraguay peaked at 32.8% in 1988 and was at its lowest, 4.3%, in 2023.

Paraguay ranks 95th of 161 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure in Paraguay, year by year

Annual values for Military expenditure (% of general government expenditure) in Paraguay, 1988 to 2024.
Year % of general government expenditure Change
1988 32.8%
1989 20.5% -37.4%
1990 21.7% +5.9%
1991 24.9% +14.5%
1992 18.3% -26.6%
1993 16.8% -7.8%
1994 14.1% -16.1%
1995 14.5% +2.7%
1996 12.2% -16.0%
1997 9.3% -23.5%
1998 8.4% -10.3%
1999 6.9% -17.9%
2000 6.3% -7.7%
2001 5.6% -11.0%
2002 5.5% -2.5%
2003 5.2% -4.8%
2004 5.7% +8.4%
2005 5.0% -12.8%
2006 5.3% +7.9%
2007 5.4% +1.0%
2008 5.5% +1.5%
2009 5.0% -9.5%
2010 5.1% +3.2%
2011 5.4% +5.9%
2012 5.2% -4.0%
2013 5.5% +5.8%
2014 5.8% +4.6%
2015 5.9% +3.1%
2016 5.4% -9.5%
2017 4.9% -8.0%
2018 5.2% +5.2%
2019 4.8% -7.2%
2020 4.5% -5.9%
2021 4.5% -1.1%
2022 4.3% -3.8%
2023 4.3% -0.6%
2024 4.5% +4.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 26.6% 20.5% 32.8% 2
1990s 14.7% 6.9% 24.9% 10
2000s 5.5% 5.0% 6.3% 10
2010s 5.3% 4.8% 5.9% 10
2020s 4.4% 4.3% 4.5% 5

Countries ranked near Paraguay

  1. 92 Thailand 4.5% compare
  2. 93 Norway 4.5% compare
  3. 94 Malaysia 4.5% compare
  4. 96 Hungary 4.4% compare
  5. 97 Kenya 4.4% compare
  6. 98 Netherlands 4.3% compare

See the full ranking of 204 places →

More public sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is military expenditure in Paraguay?
Military expenditure in Paraguay was 4.5% 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 32.8% in 1988.
What is the lowest military expenditure recorded in Paraguay?
The lowest recorded value was 4.3% in 2023.
How does Paraguay rank for military expenditure?
Paraguay ranks 95th out of 161 countries with data for 2024.
Is military expenditure rising or falling in Paraguay?
Over the last ten years it is down 22.4%. 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 general government expenditure). Statizoid updates them automatically from the source API.

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Military expenditure in Paraguay. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-general-government-expenditure/paraguay/

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About this data

Indicator
Military expenditure (% of general government expenditure)
Unit
% of general government expenditure
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,828 data points, 1988–2024
Last refreshed

Military expenditure expressed as a percentage of general government expenditure