Statizoid

Guatemala vs Paraguay: Military spending

Guatemala
494.92 million constant 2022 US$
in 2023
Paraguay
476.41 million constant 2022 US$
in 2023
Guatemala rank
114th
Paraguay rank
115th

Military spending over time

  • Guatemala
  • Paraguay
0100.0M200.0M300.0M400.0M500.0M184619342023

How they compare

Guatemala currently reports 494.92 million constant 2022 US$ against 476.41 million constant 2022 US$ in Paraguay, a difference of 18.50 million constant 2022 US$.

The two have swapped places 10 times across 151 shared years of data; in 1868 it was Guatemala ahead.

Guatemala ranks 114th and Paraguay ranks 115th of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.