Ghana vs Paraguay: Military spending
Ghana
385.16 million constant 2024 US$
in 2025
Paraguay
405.76 million constant 2024 US$
in 2025
Ghana rank
115th
Paraguay rank
113th
Military spending over time
- Ghana
- Paraguay
How they compare
Paraguay currently reports 405.76 million constant 2024 US$ against 385.16 million constant 2024 US$ in Ghana, a difference of 20.60 million constant 2024 US$.
That makes Paraguay's figure about 1.1 times Ghana's.
The two have swapped places 3 times across 65 shared years of data; in 1960 it was Ghana ahead.
Ghana ranks 115th and Paraguay ranks 113th of 162 countries.
Across the 7 decades both report, Ghana averaged higher in 1 and Paraguay in 6.
Head to head by decade
| Decade | Ghana | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 116.33 million constant 2024 US$ | 65.67 million constant 2024 US$ | 50.66 million constant 2024 US$ | Ghana |
| 1970s | 92.36 million constant 2024 US$ | 130.21 million constant 2024 US$ | 37.85 million constant 2024 US$ | Paraguay |
| 1980s | 27.30 million constant 2024 US$ | 253.99 million constant 2024 US$ | 226.69 million constant 2024 US$ | Paraguay |
| 1990s | 44.91 million constant 2024 US$ | 279.82 million constant 2024 US$ | 234.91 million constant 2024 US$ | Paraguay |
| 2000s | 69.36 million constant 2024 US$ | 182.58 million constant 2024 US$ | 113.22 million constant 2024 US$ | Paraguay |
| 2010s | 196.88 million constant 2024 US$ | 337.42 million constant 2024 US$ | 140.54 million constant 2024 US$ | Paraguay |
| 2020s | 284.92 million constant 2024 US$ | 397.30 million constant 2024 US$ | 112.38 million constant 2024 US$ | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Ghana or Paraguay?
- Paraguay, at 405.76 million constant 2024 US$ against 385.16 million constant 2024 US$ in Ghana as of 2025.
- What is the difference in military spending between Ghana and Paraguay?
- 20.60 million constant 2024 US$, with Paraguay ahead.
- How many years of comparable data are there for Ghana and Paraguay?
- 65 years are reported by both, from 1960 to 2025.
- How do Ghana and Paraguay rank globally for military spending?
- Ghana ranks 115th and Paraguay ranks 113th of 162 countries.
- Where does this data come from?
- Stockholm International Peace Research Institute (2026) – 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
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.