Namibia vs Paraguay: Military spending

Namibia
463.26 million constant 2022 US$
in 2023
Paraguay
476.41 million constant 2022 US$
in 2023
Namibia rank
116th
Paraguay rank
115th

Military spending over time

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

How they compare

Paraguay currently reports 476.41 million constant 2022 US$ against 463.26 million constant 2022 US$ in Namibia, a difference of 13.15 million constant 2022 US$.

The two have swapped places 2 times across 34 shared years of data; in 1990 it was Paraguay ahead.

Namibia ranks 116th and Paraguay ranks 115th of 172 countries.

Across the 4 decades both report, Namibia averaged higher in 3 and Paraguay in 1.

Head to head by decade

Decade Namibia Paraguay Difference Ahead
1990s 125.04 million constant 2022 US$ 213.93 million constant 2022 US$ 88.88 million constant 2022 US$ Paraguay
2000s 237.01 million constant 2022 US$ 119.40 million constant 2022 US$ 117.60 million constant 2022 US$ Namibia
2010s 514.99 million constant 2022 US$ 352.92 million constant 2022 US$ 162.07 million constant 2022 US$ Namibia
2020s 470.49 million constant 2022 US$ 451.73 million constant 2022 US$ 18.76 million constant 2022 US$ Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Namibia or Paraguay?
Paraguay, at 476.41 million constant 2022 US$ against 463.26 million constant 2022 US$ in Namibia as of 2023.
What is the difference in military spending between Namibia and Paraguay?
13.15 million constant 2022 US$, with Paraguay ahead.
How many years of comparable data are there for Namibia and Paraguay?
34 years are reported by both, from 1990 to 2023.
How do Namibia and Paraguay rank globally for military spending?
Namibia ranks 116th and Paraguay ranks 115th of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Namibia vs Paraguay: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/namibia/paraguay/

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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.