Namibia vs Paraguay: Military spending

Namibia

386.27 million constant 2024 US$

in 2025

Paraguay

405.76 million constant 2024 US$

in 2025

Namibia rank

114th

Paraguay rank

113th

Military spending over time

Namibia
Paraguay

How they compare

Paraguay currently reports 405.76 million constant 2024 US$ against 386.27 million constant 2024 US$ in Namibia, a difference of 19.48 million constant 2024 US$.

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

The two have swapped places 4 times across 36 shared years of data; in 1990 it was Paraguay ahead.

Namibia ranks 114th and Paraguay ranks 113th of 162 countries.

Individual pages

About this data

Indicator: Military spending
Unit: constant 2024 US$
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 162 places, 8,341 data points, 1949–2025
Last refreshed: 07 August 2026

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.