{"entity":{"iso2":"PY","iso3":"PRY","name":"Paraguay","slug":"paraguay"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1985-01-01","value":20765.5},{"date":"1989-01-01","value":16038.8},{"date":"1990-01-01","value":15559.0},{"date":"1991-01-01","value":23762.9},{"date":"1992-01-01","value":20038.4},{"date":"1993-01-01","value":18358.3},{"date":"1994-01-01","value":16960.7},{"date":"1995-01-01","value":11191.1},{"date":"1996-01-01","value":8429.84},{"date":"1997-01-01","value":6940.03},{"date":"1998-01-01","value":6456.93},{"date":"1999-01-01","value":5791.07},{"date":"2000-01-01","value":5618.19},{"date":"2001-01-01","value":5352.81},{"date":"2002-01-01","value":5162.34},{"date":"2003-01-01","value":4615.09},{"date":"2004-01-01","value":7614.56},{"date":"2005-01-01","value":6490.72},{"date":"2006-01-01","value":7145.36},{"date":"2007-01-01","value":7332.29},{"date":"2008-01-01","value":7329.69},{"date":"2009-01-01","value":8322.57},{"date":"2010-01-01","value":9210.31},{"date":"2011-01-01","value":10493.5},{"date":"2012-01-01","value":12027.1},{"date":"2013-01-01","value":13229.7},{"date":"2014-01-01","value":13960.4},{"date":"2015-01-01","value":15321.1},{"date":"2016-01-01","value":14238.1},{"date":"2017-01-01","value":13020.1},{"date":"2018-01-01","value":13232.2},{"date":"2019-01-01","value":13369.5},{"date":"2020-01-01","value":14051.5}],"summary":{"latest_period":"2020-01-01","latest_value":14051.5,"max":23762.9,"mean":11437.3,"min":4615.09,"of":160,"rank":111,"trend":"falling"}}