Bahamas vs Paraguay: Military spending, per unit of GDP
Bahamas
0.0114 constant 2022 US$ per US$ of GDP
in 2020
Paraguay
0.011 constant 2022 US$ per US$ of GDP
in 2023
Bahamas rank
127th
Paraguay rank
129th
Military spending, per unit of GDP over time
- Bahamas
- Paraguay
How they compare
Bahamas currently reports 0.0114 constant 2022 US$ per US$ of GDP against 0.011 constant 2022 US$ per US$ of GDP in Paraguay, a difference of 0.0004 constant 2022 US$ per US$ of GDP.
The two have swapped places 4 times across 48 shared years of data; in 1973 it was Paraguay ahead.
Bahamas ranks 127th and Paraguay ranks 129th of 170 countries.
Paraguay has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Bahamas | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0247 constant 2022 US$ per US$ of GDP | 0.0616 constant 2022 US$ per US$ of GDP | 0.0368 constant 2022 US$ per US$ of GDP | Paraguay |
| 1980s | 0.0166 constant 2022 US$ per US$ of GDP | 0.0395 constant 2022 US$ per US$ of GDP | 0.0229 constant 2022 US$ per US$ of GDP | Paraguay |
| 1990s | 0.0138 constant 2022 US$ per US$ of GDP | 0.0265 constant 2022 US$ per US$ of GDP | 0.0127 constant 2022 US$ per US$ of GDP | Paraguay |
| 2000s | 0.0054 constant 2022 US$ per US$ of GDP | 0.0102 constant 2022 US$ per US$ of GDP | 0.0048 constant 2022 US$ per US$ of GDP | Paraguay |
| 2010s | 0.0083 constant 2022 US$ per US$ of GDP | 0.0097 constant 2022 US$ per US$ of GDP | 0.0013 constant 2022 US$ per US$ of GDP | Paraguay |
| 2020s | 0.0114 constant 2022 US$ per US$ of GDP | 0.0123 constant 2022 US$ per US$ of GDP | 0.0009 constant 2022 US$ per US$ of GDP | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, per unit of gdp, Bahamas or Paraguay?
- Bahamas, at 0.0114 constant 2022 US$ per US$ of GDP against 0.011 constant 2022 US$ per US$ of GDP in Paraguay as of 2020.
- What is the difference in military spending, per unit of gdp between Bahamas and Paraguay?
- 0.0004 constant 2022 US$ per US$ of GDP, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Paraguay?
- 48 years are reported by both, from 1973 to 2020.
- How do Bahamas and Paraguay rank globally for military spending, per unit of gdp?
- Bahamas ranks 127th and Paraguay ranks 129th of 170 countries.
- Where does this data come from?
- Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.