Military spending gmsd in Paraguay

Paraguay: Military spending gmsd was 476.41 million in 2023. ◆ Volatile

Latest (2023)
476.41 million
Change on year
up 7.2%
World rank
115th
of 172 countries
All-time high
476.41 million
in 2023
All-time low
2.11 million
in 1882
Years of data
173
1846–2023

Military spending gmsd in Paraguay, 1846–2023

0100.0M200.0M300.0M400.0M500.0M184619342023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Paraguay is 476.41 million, measured in 2023. That is the highest value across all 173 years on record.

Compared with earlier readings it is up 7.2% on the previous year and up 20.7% over ten years.

Over the whole period, military spending gmsd in Paraguay peaked at 476.41 million in 2023 and was at its lowest, 2.11 million, in 1882.

Paraguay ranks 115th of 172 countries on this measure, in the middle of the range.

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

Military spending gmsd in Paraguay, year by year

Annual values for Military spending gmsd in Paraguay, 1846 to 2023.
Year Value Change
1846 13.95 million —
1847 13.51 million -3.2%
1848 13.64 million +1.0%
1849 12.96 million -4.9%
1850 11.53 million -11.1%
1851 11.26 million -2.4%
1852 11.27 million +0.2%
1853 10.58 million -6.2%
1854 9.72 million -8.1%
1855 8.96 million -7.8%
1856 8.59 million -4.1%
1857 7.42 million -13.7%
1858 7.60 million +2.4%
1859 7.62 million +0.2%
1860 6.94 million -8.9%
1861 5.52 million -20.5%
1862 4.90 million -11.2%
1863 4.32 million -11.9%
1864 3.88 million -10.1%
1865 2.84 million -26.9%
1866 2.84 million -0.0%
1867 2.80 million -1.4%
1868 2.65 million -5.5%
1869 2.76 million +4.2%
1870 2.42 million -12.4%
1876 3.11 million +28.8%
1877 2.71 million -13.0%
1878 3.94 million +45.3%
1879 5.06 million +28.4%
1880 3.67 million -27.4%
1881 2.82 million -23.0%
1882 2.11 million -25.2%
1883 2.18 million +3.1%
1884 2.89 million +32.7%
1885 3.58 million +23.9%
1886 4.17 million +16.6%
1887 5.00 million +19.7%
1888 6.14 million +22.8%
1889 7.15 million +16.6%
1890 11.70 million +63.5%
1891 12.03 million +2.8%
1892 13.63 million +13.4%
1893 14.54 million +6.7%
1894 16.97 million +16.7%
1895 19.67 million +15.9%
1896 21.26 million +8.1%
1897 22.37 million +5.2%
1898 19.25 million -13.9%
1899 16.58 million -13.9%
1900 17.90 million +8.0%
1901 17.22 million -3.8%
1902 18.35 million +6.6%
1903 18.38 million +0.2%
1904 18.61 million +1.2%
1905 17.70 million -4.8%
1906 15.59 million -11.9%
1907 16.90 million +8.4%
1908 17.20 million +1.7%
1909 20.07 million +16.7%
1910 19.10 million -4.8%
1911 20.01 million +4.8%
1912 23.83 million +19.1%
1913 25.32 million +6.3%
1914 19.45 million -23.2%
1915 15.22 million -21.7%
1916 13.32 million -12.5%
1917 10.22 million -23.3%
1918 8.65 million -15.3%
1919 5.98 million -30.9%
1920 4.42 million -26.1%
1921 5.69 million +28.6%
1922 6.70 million +17.8%
1923 8.57 million +27.9%
1924 10.11 million +18.0%
1925 12.57 million +24.3%
1926 14.17 million +12.7%
1927 16.35 million +15.4%
1928 18.88 million +15.5%
1929 20.62 million +9.2%
1930 22.28 million +8.1%
1931 22.71 million +1.9%
1932 27.49 million +21.0%
1933 27.45 million -0.1%
1934 51.72 million +88.4%
1935 34.62 million -33.1%
1936 27.55 million -20.4%
1937 27.56 million +0.0%
1938 31.29 million +13.5%
1939 29.70 million -5.1%
1940 35.14 million +18.3%
1941 34.69 million -1.3%
1942 35.63 million +2.7%
1943 34.56 million -3.0%
1944 38.43 million +11.2%
1945 40.93 million +6.5%
1946 37.40 million -8.6%
1947 70.93 million +89.7%
1948 79.63 million +12.3%
1949 102.81 million +29.1%
1950 101.43 million -1.3%
1951 107.42 million +5.9%
1952 108.33 million +0.9%
1953 117.94 million +8.9%
1954 121.29 million +2.8%
1955 98.70 million -18.6%
1956 47.97 million -51.4%
1957 44.12 million -8.0%
1958 44.79 million +1.5%
1959 39.42 million -12.0%
1960 40.75 million +3.4%
1961 44.44 million +9.0%
1962 47.60 million +7.1%
1963 51.75 million +8.7%
1964 67.75 million +30.9%
1965 77.25 million +14.0%
1966 77.80 million +0.7%
1967 75.86 million -2.5%
1968 78.23 million +3.1%
1969 80.08 million +2.4%
1970 82.08 million +2.5%
1971 82.47 million +0.5%
1972 89.07 million +8.0%
1973 83.02 million -6.8%
1974 86.21 million +3.8%
1975 99.12 million +15.0%
1976 109.51 million +10.5%
1977 123.30 million +12.6%
1978 132.32 million +7.3%
1979 144.78 million +9.4%
1980 171.59 million +18.5%
1981 197.34 million +15.0%
1982 221.73 million +12.4%
1983 208.11 million -6.1%
1984 168.88 million -18.8%
1985 153.54 million -9.1%
1986 185.91 million +21.1%
1987 154.18 million -17.1%
1988 163.97 million +6.3%
1989 152.13 million -7.2%
1990 155.06 million +1.9%
1991 199.20 million +28.5%
1992 235.74 million +18.3%
1993 225.84 million -4.2%
1994 217.32 million -3.8%
1995 233.47 million +7.4%
1996 230.05 million -1.5%
1997 231.45 million +0.6%
1998 219.91 million -5.0%
1999 191.25 million -13.0%
2000 152.53 million -20.2%
2001 122.34 million -19.8%
2002 94.69 million -22.6%
2003 78.67 million -16.9%
2004 87.61 million +11.4%
2005 85.79 million -2.1%
2006 104.86 million +22.2%
2007 134.16 million +27.9%
2008 160.71 million +19.8%
2009 172.65 million +7.4%
2010 208.64 million +20.8%
2011 283.83 million +36.0%
2012 364.65 million +28.5%
2013 394.84 million +8.3%
2014 368.02 million -6.8%
2015 361.43 million -1.8%
2016 345.64 million -4.4%
2017 373.88 million +8.2%
2018 404.35 million +8.2%
2019 423.92 million +4.8%
2020 435.06 million +2.6%
2021 450.88 million +3.6%
2022 444.56 million -1.4%
2023 476.41 million +7.2%

Paraguay compared with similar countries

  • Paraguay's 476.41 million is below the median for upper middle income countries, which is 1.25 billion, 38% of the median. (49 countries reporting)
  • Paraguay's 476.41 million is below the median for Latin America & Caribbean, which is 509.92 million, 93% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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
1947 +89.7% 37.40 million 70.93 million

Averages by decade

DecadeAverage LowestHighest Years
1840s 13.51 million 12.96 million 13.95 million 4
1850s 9.45 million 7.42 million 11.53 million 10
1860s 3.94 million 2.65 million 6.94 million 10
1870s 3.45 million 2.42 million 5.06 million 5
1880s 3.97 million 2.11 million 7.15 million 10
1890s 16.80 million 11.70 million 22.37 million 10
1900s 17.79 million 15.59 million 20.07 million 10
1910s 16.11 million 5.98 million 25.32 million 10
1920s 11.81 million 4.42 million 20.62 million 10
1930s 30.24 million 22.28 million 51.72 million 10
1940s 51.01 million 34.56 million 102.81 million 10
1950s 83.14 million 39.42 million 121.29 million 10
1960s 64.15 million 40.75 million 80.08 million 10
1970s 103.19 million 82.08 million 144.78 million 10
1980s 177.74 million 152.13 million 221.73 million 10
1990s 213.93 million 155.06 million 235.74 million 10
2000s 119.40 million 78.67 million 172.65 million 10
2010s 352.92 million 208.64 million 423.92 million 10
2020s 451.73 million 435.06 million 476.41 million 4

Countries ranked near Paraguay

  1. 112 Guinea 507.79 million compare
  2. 113 Georgia 498.02 million compare
  3. 114 Guatemala 494.92 million compare
  4. 116 Namibia 463.26 million compare
  5. 117 Kyrgyzstan 439.89 million compare
  6. 118 Zambia 421.22 million 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 gmsd in Paraguay?
Military spending gmsd in Paraguay was 476.41 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Paraguay?
The highest recorded value was 476.41 million in 2023.
What is the lowest military spending gmsd recorded in Paraguay?
The lowest recorded value was 2.11 million in 1882.
How does Paraguay rank for military spending gmsd?
Paraguay ranks 115th out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Paraguay?
Over the last ten years it is up 20.7%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Paraguay. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/paraguay/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed