Mongolia vs Paraguay: Military spending, per unit of GDP

Mongolia
0.0084 constant 2024 US$ per US$ of GDP
in 2025
Paraguay
0.0082 constant 2024 US$ per US$ of GDP
in 2025
Mongolia rank
124th
Paraguay rank
127th

Military spending, per unit of GDP over time

  • Mongolia
  • Paraguay
00.050.10.150.2196019922025

How they compare

Mongolia currently reports 0.0084 constant 2024 US$ per US$ of GDP against 0.0082 constant 2024 US$ per US$ of GDP in Paraguay, a difference of 0.0002 constant 2024 US$ per US$ of GDP.

The two have swapped places 8 times across 36 shared years of data; in 1990 it was Mongolia ahead.

Mongolia ranks 124th and Paraguay ranks 127th of 160 countries.

Across the 4 decades both report, Mongolia averaged higher in 2 and Paraguay in 2.

Head to head by decade

Decade Mongolia Paraguay Difference Ahead
1990s 0.0412 constant 2024 US$ per US$ of GDP 0.0354 constant 2024 US$ per US$ of GDP 0.0058 constant 2024 US$ per US$ of GDP Mongolia
2000s 0.0274 constant 2024 US$ per US$ of GDP 0.0163 constant 2024 US$ per US$ of GDP 0.0111 constant 2024 US$ per US$ of GDP Mongolia
2010s 0.0087 constant 2024 US$ per US$ of GDP 0.0093 constant 2024 US$ per US$ of GDP 0.0006 constant 2024 US$ per US$ of GDP Paraguay
2020s 0.0072 constant 2024 US$ per US$ of GDP 0.0095 constant 2024 US$ per US$ of GDP 0.0022 constant 2024 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, Mongolia or Paraguay?
Mongolia, at 0.0084 constant 2024 US$ per US$ of GDP against 0.0082 constant 2024 US$ per US$ of GDP in Paraguay as of 2025.
What is the difference in military spending, per unit of gdp between Mongolia and Paraguay?
0.0002 constant 2024 US$ per US$ of GDP, with Mongolia ahead.
How many years of comparable data are there for Mongolia and Paraguay?
36 years are reported by both, from 1990 to 2025.
How do Mongolia and Paraguay rank globally for military spending, per unit of gdp?
Mongolia ranks 124th and Paraguay ranks 127th of 160 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.

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Mongolia vs Paraguay: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp/mongolia/paraguay/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

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.