Paraguay vs Zambia: Military spending

Paraguay
476.41 million constant 2022 US$
in 2023
Zambia
421.22 million constant 2022 US$
in 2023
Paraguay rank
115th
Zambia rank
118th

Military spending over time

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

How they compare

Paraguay currently reports 476.41 million constant 2022 US$ against 421.22 million constant 2022 US$ in Zambia, a difference of 55.19 million constant 2022 US$.

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

The two have swapped places 5 times across 60 shared years of data; in 1964 it was Zambia ahead.

Paraguay ranks 115th and Zambia ranks 118th of 172 countries.

Across the 7 decades both report, Paraguay averaged higher in 2 and Zambia in 5.

Head to head by decade

Decade Paraguay Zambia Difference Ahead
1960s 76.16 million constant 2022 US$ 138.08 million constant 2022 US$ 61.92 million constant 2022 US$ Zambia
1970s 103.19 million constant 2022 US$ 367.67 million constant 2022 US$ 264.49 million constant 2022 US$ Zambia
1980s 177.74 million constant 2022 US$ 321.61 million constant 2022 US$ 143.88 million constant 2022 US$ Zambia
1990s 213.93 million constant 2022 US$ 116.86 million constant 2022 US$ 97.07 million constant 2022 US$ Paraguay
2000s 119.40 million constant 2022 US$ 170.71 million constant 2022 US$ 51.31 million constant 2022 US$ Zambia
2010s 352.92 million constant 2022 US$ 398.64 million constant 2022 US$ 45.73 million constant 2022 US$ Zambia
2020s 451.73 million constant 2022 US$ 397.61 million constant 2022 US$ 54.12 million constant 2022 US$ Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Paraguay or Zambia?
Paraguay, at 476.41 million constant 2022 US$ against 421.22 million constant 2022 US$ in Zambia as of 2023.
What is the difference in military spending between Paraguay and Zambia?
55.19 million constant 2022 US$, with Paraguay ahead.
How many years of comparable data are there for Paraguay and Zambia?
60 years are reported by both, from 1964 to 2023.
How do Paraguay and Zambia rank globally for military spending?
Paraguay ranks 115th and Zambia ranks 118th 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.

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.