Military spending, annual growth rate in Paraguay

Paraguay: Military spending, annual growth rate was 7.16 % change on previous year in 2023. ◆ Volatile

Latest (2023)
7.16 % change on previous year
Change on year
up 611.1%
World rank
63rd
of 172 countries
All-time high
89.65 % change on previous year
in 1947
All-time low
-51.4 % change on previous year
in 1956
Years of data
171
1847–2023

Military spending, annual growth rate in Paraguay, 1847–2023

-50050100184719352023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Paraguay recorded 7.16 % change on previous year for military spending, annual growth rate in 2023.

The figure is up 611.1% on the previous year and down 13.5% over ten years.

Over the whole period, military spending, annual growth rate in Paraguay peaked at 89.65 % change on previous year in 1947 and was at its lowest, -51.4 % change on previous year, in 1956.

That places Paraguay 63rd out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Paraguay, year by year

Annual values for Military spending, annual growth rate in Paraguay, 1847 to 2023.
Year % change on previous year Change
1847 -3.17 % change on previous year
1848 0.9654 % change on previous year -130.4%
1849 -4.94 % change on previous year -611.8%
1850 -11.05 % change on previous year +123.7%
1851 -2.39 % change on previous year -78.4%
1852 0.151 % change on previous year -106.3%
1853 -6.19 % change on previous year -4196.8%
1854 -8.09 % change on previous year +30.7%
1855 -7.8 % change on previous year -3.5%
1856 -4.09 % change on previous year -47.5%
1857 -13.69 % change on previous year +234.4%
1858 2.44 % change on previous year -117.8%
1859 0.2216 % change on previous year -90.9%
1860 -8.94 % change on previous year -4132.3%
1861 -20.46 % change on previous year +129.0%
1862 -11.16 % change on previous year -45.5%
1863 -11.87 % change on previous year +6.4%
1864 -10.09 % change on previous year -15.0%
1865 -26.87 % change on previous year +166.3%
1866 -0.0194 % change on previous year -99.9%
1867 -1.38 % change on previous year +7023.2%
1868 -5.48 % change on previous year +297.5%
1869 4.17 % change on previous year -176.1%
1870 -12.36 % change on previous year -396.0%
1877 -12.97 % change on previous year +4.9%
1878 45.3 % change on previous year -449.3%
1879 28.43 % change on previous year -37.2%
1880 -27.42 % change on previous year -196.4%
1881 -23.04 % change on previous year -16.0%
1882 -25.19 % change on previous year +9.4%
1883 3.13 % change on previous year -112.4%
1884 32.67 % change on previous year +945.0%
1885 23.89 % change on previous year -26.9%
1886 16.57 % change on previous year -30.7%
1887 19.73 % change on previous year +19.1%
1888 22.81 % change on previous year +15.6%
1889 16.57 % change on previous year -27.3%
1890 63.54 % change on previous year +283.5%
1891 2.8 % change on previous year -95.6%
1892 13.37 % change on previous year +378.3%
1893 6.68 % change on previous year -50.0%
1894 16.69 % change on previous year +149.7%
1895 15.91 % change on previous year -4.7%
1896 8.06 % change on previous year -49.3%
1897 5.21 % change on previous year -35.5%
1898 -13.92 % change on previous year -367.4%
1899 -13.89 % change on previous year -0.2%
1900 7.99 % change on previous year -157.5%
1901 -3.8 % change on previous year -147.5%
1902 6.55 % change on previous year -272.5%
1903 0.1842 % change on previous year -97.2%
1904 1.21 % change on previous year +556.2%
1905 -4.85 % change on previous year -501.1%
1906 -11.94 % change on previous year +146.2%
1907 8.4 % change on previous year -170.4%
1908 1.74 % change on previous year -79.3%
1909 16.73 % change on previous year +860.2%
1910 -4.84 % change on previous year -129.0%
1911 4.75 % change on previous year -198.1%
1912 19.1 % change on previous year +301.9%
1913 6.27 % change on previous year -67.2%
1914 -23.2 % change on previous year -470.0%
1915 -21.72 % change on previous year -6.4%
1916 -12.53 % change on previous year -42.3%
1917 -23.27 % change on previous year +85.7%
1918 -15.33 % change on previous year -34.1%
1919 -30.88 % change on previous year +101.4%
1920 -26.06 % change on previous year -15.6%
1921 28.63 % change on previous year -209.9%
1922 17.79 % change on previous year -37.9%
1923 27.89 % change on previous year +56.8%
1924 17.99 % change on previous year -35.5%
1925 24.32 % change on previous year +35.2%
1926 12.73 % change on previous year -47.7%
1927 15.4 % change on previous year +21.0%
1928 15.52 % change on previous year +0.8%
1929 9.21 % change on previous year -40.7%
1930 8.05 % change on previous year -12.5%
1931 1.91 % change on previous year -76.2%
1932 21.05 % change on previous year +1000.7%
1933 -0.1259 % change on previous year -100.6%
1934 88.36 % change on previous year -70304.1%
1935 -33.06 % change on previous year -137.4%
1936 -20.41 % change on previous year -38.3%
1937 0.0406 % change on previous year -100.2%
1938 13.51 % change on previous year +33133.9%
1939 -5.08 % change on previous year -137.6%
1940 18.3 % change on previous year -460.6%
1941 -1.28 % change on previous year -107.0%
1942 2.71 % change on previous year -312.5%
1943 -2.99 % change on previous year -210.1%
1944 11.2 % change on previous year -475.0%
1945 6.48 % change on previous year -42.1%
1946 -8.62 % change on previous year -233.0%
1947 89.65 % change on previous year -1139.9%
1948 12.27 % change on previous year -86.3%
1949 29.12 % change on previous year +137.3%
1950 -1.35 % change on previous year -104.6%
1951 5.9 % change on previous year -538.3%
1952 0.8509 % change on previous year -85.6%
1953 8.87 % change on previous year +943.0%
1954 2.84 % change on previous year -68.0%
1955 -18.63 % change on previous year -755.8%
1956 -51.4 % change on previous year +175.9%
1957 -8.03 % change on previous year -84.4%
1958 1.51 % change on previous year -118.8%
1959 -11.97 % change on previous year -894.0%
1960 3.37 % change on previous year -128.2%
1961 9.04 % change on previous year +168.2%
1962 7.11 % change on previous year -21.4%
1963 8.73 % change on previous year +22.7%
1964 30.9 % change on previous year +254.2%
1965 14.03 % change on previous year -54.6%
1966 0.7077 % change on previous year -95.0%
1967 -2.49 % change on previous year -451.3%
1968 3.12 % change on previous year -225.4%
1969 2.37 % change on previous year -23.9%
1970 2.5 % change on previous year +5.3%
1971 0.4679 % change on previous year -81.3%
1972 8 % change on previous year +1610.4%
1973 -6.79 % change on previous year -184.9%
1974 3.84 % change on previous year -156.6%
1975 14.98 % change on previous year +289.8%
1976 10.49 % change on previous year -30.0%
1977 12.59 % change on previous year +20.0%
1978 7.32 % change on previous year -41.9%
1979 9.42 % change on previous year +28.8%
1980 18.52 % change on previous year +96.6%
1981 15 % change on previous year -19.0%
1982 12.36 % change on previous year -17.6%
1983 -6.14 % change on previous year -149.7%
1984 -18.85 % change on previous year +206.8%
1985 -9.09 % change on previous year -51.8%
1986 21.08 % change on previous year -332.1%
1987 -17.07 % change on previous year -180.9%
1988 6.35 % change on previous year -137.2%
1989 -7.22 % change on previous year -213.7%
1990 1.92 % change on previous year -126.6%
1991 28.47 % change on previous year +1380.7%
1992 18.34 % change on previous year -35.6%
1993 -4.2 % change on previous year -122.9%
1994 -3.77 % change on previous year -10.1%
1995 7.43 % change on previous year -297.0%
1996 -1.46 % change on previous year -119.7%
1997 0.6068 % change on previous year -141.4%
1998 -4.99 % change on previous year -921.8%
1999 -13.03 % change on previous year +161.3%
2000 -20.24 % change on previous year +55.3%
2001 -19.79 % change on previous year -2.2%
2002 -22.61 % change on previous year +14.2%
2003 -16.92 % change on previous year -25.2%
2004 11.36 % change on previous year -167.2%
2005 -2.07 % change on previous year -118.2%
2006 22.22 % change on previous year -1172.7%
2007 27.94 % change on previous year +25.8%
2008 19.79 % change on previous year -29.2%
2009 7.43 % change on previous year -62.5%
2010 20.84 % change on previous year +180.6%
2011 36.04 % change on previous year +72.9%
2012 28.48 % change on previous year -21.0%
2013 8.28 % change on previous year -70.9%
2014 -6.79 % change on previous year -182.1%
2015 -1.79 % change on previous year -73.6%
2016 -4.37 % change on previous year +143.9%
2017 8.17 % change on previous year -287.0%
2018 8.15 % change on previous year -0.2%
2019 4.84 % change on previous year -40.6%
2020 2.63 % change on previous year -45.7%
2021 3.64 % change on previous year +38.3%
2022 -1.4 % change on previous year -138.6%
2023 7.16 % change on previous year -611.1%

Paraguay compared with similar countries

  • Paraguay's 7.16 % change on previous year is above the median for upper middle income countries, which is 5.16 % change on previous year, 1.4× the median. (49 countries reporting)
  • Paraguay's 7.16 % change on previous year is above the median for Latin America & Caribbean, which is 4.34 % change on previous year, 1.7× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1934 +70304.1% -0.1259 % change on previous year 88.36 % change on previous year
1938 +33133.9% 0.0406 % change on previous year 13.51 % change on previous year
1867 -7023.2% -0.0194 % change on previous year -1.38 % change on previous year
1853 -4196.8% 0.151 % change on previous year -6.19 % change on previous year
1860 -4132.3% 0.2216 % change on previous year -8.94 % change on previous year
1972 +1610.4% 0.4679 % change on previous year 8 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1840s -2.38 % change on previous year -4.94 % change on previous year 0.9654 % change on previous year 3
1850s -5.05 % change on previous year -13.69 % change on previous year 2.44 % change on previous year 10
1860s -9.21 % change on previous year -26.87 % change on previous year 4.17 % change on previous year 10
1870s 12.1 % change on previous year -12.97 % change on previous year 45.3 % change on previous year 4
1880s 5.97 % change on previous year -27.42 % change on previous year 32.67 % change on previous year 10
1890s 10.44 % change on previous year -13.92 % change on previous year 63.54 % change on previous year 10
1900s 2.22 % change on previous year -11.94 % change on previous year 16.73 % change on previous year 10
1910s -10.16 % change on previous year -30.88 % change on previous year 19.1 % change on previous year 10
1920s 14.34 % change on previous year -26.06 % change on previous year 28.63 % change on previous year 10
1930s 7.43 % change on previous year -33.06 % change on previous year 88.36 % change on previous year 10
1940s 15.69 % change on previous year -8.62 % change on previous year 89.65 % change on previous year 10
1950s -7.14 % change on previous year -51.4 % change on previous year 8.87 % change on previous year 10
1960s 7.69 % change on previous year -2.49 % change on previous year 30.9 % change on previous year 10
1970s 6.28 % change on previous year -6.79 % change on previous year 14.98 % change on previous year 10
1980s 1.5 % change on previous year -18.85 % change on previous year 21.08 % change on previous year 10
1990s 2.93 % change on previous year -13.03 % change on previous year 28.47 % change on previous year 10
2000s 0.7118 % change on previous year -22.61 % change on previous year 27.94 % change on previous year 10
2010s 10.18 % change on previous year -6.79 % change on previous year 36.04 % change on previous year 10
2020s 3.01 % change on previous year -1.4 % change on previous year 7.16 % change on previous year 4

Countries ranked near Paraguay

  1. 60 Tajikistan 7.68 % change on previous year compare
  2. 61 Mali 7.49 % change on previous year compare
  3. 62 North Macedonia 7.28 % change on previous year compare
  4. 64 Brunei 6.97 % change on previous year compare
  5. 65 Singapore 6.91 % change on previous year compare
  6. 66 Ecuador 6.73 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is military spending, annual growth rate in Paraguay?
Military spending, annual growth rate in Paraguay was 7.16 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Paraguay?
The highest recorded value was 89.65 % change on previous year in 1947.
What is the lowest military spending, annual growth rate recorded in Paraguay?
The lowest recorded value was -51.4 % change on previous year in 1956.
How does Paraguay rank for military spending, annual growth rate?
Paraguay ranks 63rd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Paraguay?
Over the last ten years it is down 13.5%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/paraguay/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/paraguay/">Military spending, annual growth rate in Paraguay</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.