Statizoid

Guinea vs Paraguay: Military spending

Guinea
507.79 million constant 2022 US$
in 2023
Paraguay
476.41 million constant 2022 US$
in 2023
Guinea rank
112th
Paraguay rank
115th

Military spending over time

  • Guinea
  • Paraguay
0200.0M400.0M600.0M184619342023

How they compare

Guinea currently reports 507.79 million constant 2022 US$ against 476.41 million constant 2022 US$ in Paraguay, a difference of 31.38 million constant 2022 US$.

That makes Guinea's figure about 1.1 times Paraguay's.

The two have swapped places 7 times across 66 shared years of data; in 1958 it was Paraguay ahead.

Guinea ranks 112th 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.