Military spending, gaps filled in Paraguay
Paraguay: Military spending, gaps filled was 405.76 million constant 2024 US$ in 2025. ▲ Rising
Latest (2025)
405.76 million constant 2024 US$
Change on year
down 1.9%
World rank
113th
of 162 countries
All-time high
413.83 million constant 2024 US$
in 2024
All-time low
45.00 million constant 2024 US$
in 1961
Years of data
66
1960–2025
Military spending, gaps filled in Paraguay, 1960–2025
Source: Statizoid (derived). Measured in constant 2024 US$.
Analysis
The most recent figure for military spending, gaps filled in Paraguay is 405.76 million constant 2024 US$, measured in 2025.
That represents a change of down 1.9% on the previous year and up 4.1% over ten years.
Over the whole period, military spending, gaps filled in Paraguay peaked at 413.83 million constant 2024 US$ in 2024 and was at its lowest, 45.00 million constant 2024 US$, in 1961.
That places Paraguay 113th out of 162 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Military spending, gaps filled in Paraguay, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1960 | 51.40 million constant 2024 US$ | — |
| 1961 | 45.00 million constant 2024 US$ | -12.5% |
| 1962 | 51.09 million constant 2024 US$ | +13.5% |
| 1963 | 55.68 million constant 2024 US$ | +9.0% |
| 1964 | 58.54 million constant 2024 US$ | +5.1% |
| 1965 | 67.07 million constant 2024 US$ | +14.6% |
| 1966 | 75.86 million constant 2024 US$ | +13.1% |
| 1967 | 82.26 million constant 2024 US$ | +8.4% |
| 1968 | 90.89 million constant 2024 US$ | +10.5% |
| 1969 | 95.50 million constant 2024 US$ | +5.1% |
| 1970 | 104.21 million constant 2024 US$ | +9.1% |
| 1971 | 106.66 million constant 2024 US$ | +2.4% |
| 1972 | 135.83 million constant 2024 US$ | +27.4% |
| 1973 | 129.04 million constant 2024 US$ | -5.0% |
| 1974 | 104.77 million constant 2024 US$ | -18.8% |
| 1975 | 135.85 million constant 2024 US$ | +29.7% |
| 1976 | 139.81 million constant 2024 US$ | +2.9% |
| 1977 | 151.70 million constant 2024 US$ | +8.5% |
| 1978 | 171.77 million constant 2024 US$ | +13.2% |
| 1979 | 122.47 million constant 2024 US$ | -28.7% |
| 1980 | 140.63 million constant 2024 US$ | +14.8% |
| 1981 | 183.87 million constant 2024 US$ | +30.7% |
| 1982 | 275.78 million constant 2024 US$ | +50.0% |
| 1983 | 258.54 million constant 2024 US$ | -6.3% |
| 1984 | 268.08 million constant 2024 US$ | +3.7% |
| 1985 | 299.02 million constant 2024 US$ | +11.5% |
| 1986 | 303.45 million constant 2024 US$ | +1.5% |
| 1987 | 246.74 million constant 2024 US$ | -18.7% |
| 1988 | 307.15 million constant 2024 US$ | +24.5% |
| 1989 | 256.62 million constant 2024 US$ | -16.5% |
| 1990 | 248.94 million constant 2024 US$ | -3.0% |
| 1991 | 380.21 million constant 2024 US$ | +52.7% |
| 1992 | 320.61 million constant 2024 US$ | -15.7% |
| 1993 | 293.73 million constant 2024 US$ | -8.4% |
| 1994 | 271.37 million constant 2024 US$ | -7.6% |
| 1995 | 316.71 million constant 2024 US$ | +16.7% |
| 1996 | 295.04 million constant 2024 US$ | -6.8% |
| 1997 | 242.90 million constant 2024 US$ | -17.7% |
| 1998 | 225.99 million constant 2024 US$ | -7.0% |
| 1999 | 202.69 million constant 2024 US$ | -10.3% |
| 2000 | 196.64 million constant 2024 US$ | -3.0% |
| 2001 | 178.78 million constant 2024 US$ | -9.1% |
| 2002 | 172.42 million constant 2024 US$ | -3.6% |
| 2003 | 154.14 million constant 2024 US$ | -10.6% |
| 2004 | 182.75 million constant 2024 US$ | +18.6% |
| 2005 | 162.27 million constant 2024 US$ | -11.2% |
| 2006 | 185.78 million constant 2024 US$ | +14.5% |
| 2007 | 190.64 million constant 2024 US$ | +2.6% |
| 2008 | 190.57 million constant 2024 US$ | -0.0% |
| 2009 | 211.81 million constant 2024 US$ | +11.1% |
| 2010 | 234.40 million constant 2024 US$ | +10.7% |
| 2011 | 267.06 million constant 2024 US$ | +13.9% |
| 2012 | 306.09 million constant 2024 US$ | +14.6% |
| 2013 | 336.69 million constant 2024 US$ | +10.0% |
| 2014 | 355.29 million constant 2024 US$ | +5.5% |
| 2015 | 389.92 million constant 2024 US$ | +9.7% |
| 2016 | 362.36 million constant 2024 US$ | -7.1% |
| 2017 | 351.54 million constant 2024 US$ | -3.0% |
| 2018 | 383.07 million constant 2024 US$ | +9.0% |
| 2019 | 387.71 million constant 2024 US$ | +1.2% |
| 2020 | 407.49 million constant 2024 US$ | +5.1% |
| 2021 | 391.98 million constant 2024 US$ | -3.8% |
| 2022 | 366.73 million constant 2024 US$ | -6.4% |
| 2023 | 398.01 million constant 2024 US$ | +8.5% |
| 2024 | 413.83 million constant 2024 US$ | +4.0% |
| 2025 | 405.76 million constant 2024 US$ | -1.9% |
Paraguay compared with similar countries
- Paraguay's 405.76 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 25% of the median. (46 countries reporting)
- Paraguay's 405.76 million constant 2024 US$ is below the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 70% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 67.33 million constant 2024 US$ | 45.00 million constant 2024 US$ | 95.50 million constant 2024 US$ | 10 |
| 1970s | 130.21 million constant 2024 US$ | 104.21 million constant 2024 US$ | 171.77 million constant 2024 US$ | 10 |
| 1980s | 253.99 million constant 2024 US$ | 140.63 million constant 2024 US$ | 307.15 million constant 2024 US$ | 10 |
| 1990s | 279.82 million constant 2024 US$ | 202.69 million constant 2024 US$ | 380.21 million constant 2024 US$ | 10 |
| 2000s | 182.58 million constant 2024 US$ | 154.14 million constant 2024 US$ | 211.81 million constant 2024 US$ | 10 |
| 2010s | 337.42 million constant 2024 US$ | 234.40 million constant 2024 US$ | 389.92 million constant 2024 US$ | 10 |
| 2020s | 397.30 million constant 2024 US$ | 366.73 million constant 2024 US$ | 413.83 million constant 2024 US$ | 6 |
Countries ranked near Paraguay
- 110 Niger 449.94 million constant 2024 US$ compare
- 111 Mozambique 445.67 million constant 2024 US$ compare
- 112 Nepal 429.02 million constant 2024 US$ compare
- 114 Namibia 386.27 million constant 2024 US$ compare
- 115 Ghana 385.16 million constant 2024 US$ compare
- 116 North Macedonia 346.10 million constant 2024 US$ compare
More reference data data for Paraguay
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3166 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 5.23 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.18 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.6344 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.18 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.06 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5539 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 29.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 38.68 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.45 (2050)
Frequently asked questions
- What is military spending, gaps filled in Paraguay?
- Military spending, gaps filled in Paraguay was 405.76 million constant 2024 US$ in 2025, according to Statizoid (derived).
- What is the highest military spending, gaps filled recorded in Paraguay?
- The highest recorded value was 413.83 million constant 2024 US$ in 2024.
- What is the lowest military spending, gaps filled recorded in Paraguay?
- The lowest recorded value was 45.00 million constant 2024 US$ in 1961.
- How does Paraguay rank for military spending, gaps filled?
- Paraguay ranks 113th out of 162 countries with data for 2025.
- Is military spending, gaps filled rising or falling in Paraguay?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Military spending Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
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
Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.