Military spending per armed forces personnel in Paraguay
Paraguay: Military spending per armed forces personnel was 14,052 constant 2024 US$ in 2020. ▼ Falling
Military spending per armed forces personnel in Paraguay, 1985–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending per armed forces personnel in Paraguay is 14,052 constant 2024 US$, measured in 2020.
That represents a change of up 5.1% on the previous year and up 52.6% over ten years.
Over the whole period, military spending per armed forces personnel in Paraguay peaked at 23,763 constant 2024 US$ in 1991 and was at its lowest, 4,615 constant 2024 US$, in 2003.
Paraguay ranks 111th of 160 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Military spending per armed forces personnel in Paraguay, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 20,766 constant 2024 US$ | — |
| 1989 | 16,039 constant 2024 US$ | -22.8% |
| 1990 | 15,559 constant 2024 US$ | -3.0% |
| 1991 | 23,763 constant 2024 US$ | +52.7% |
| 1992 | 20,038 constant 2024 US$ | -15.7% |
| 1993 | 18,358 constant 2024 US$ | -8.4% |
| 1994 | 16,961 constant 2024 US$ | -7.6% |
| 1995 | 11,191 constant 2024 US$ | -34.0% |
| 1996 | 8,430 constant 2024 US$ | -24.7% |
| 1997 | 6,940 constant 2024 US$ | -17.7% |
| 1998 | 6,457 constant 2024 US$ | -7.0% |
| 1999 | 5,791 constant 2024 US$ | -10.3% |
| 2000 | 5,618 constant 2024 US$ | -3.0% |
| 2001 | 5,353 constant 2024 US$ | -4.7% |
| 2002 | 5,162 constant 2024 US$ | -3.6% |
| 2003 | 4,615 constant 2024 US$ | -10.6% |
| 2004 | 7,615 constant 2024 US$ | +65.0% |
| 2005 | 6,491 constant 2024 US$ | -14.8% |
| 2006 | 7,145 constant 2024 US$ | +10.1% |
| 2007 | 7,332 constant 2024 US$ | +2.6% |
| 2008 | 7,330 constant 2024 US$ | -0.0% |
| 2009 | 8,323 constant 2024 US$ | +13.5% |
| 2010 | 9,210 constant 2024 US$ | +10.7% |
| 2011 | 10,494 constant 2024 US$ | +13.9% |
| 2012 | 12,027 constant 2024 US$ | +14.6% |
| 2013 | 13,230 constant 2024 US$ | +10.0% |
| 2014 | 13,960 constant 2024 US$ | +5.5% |
| 2015 | 15,321 constant 2024 US$ | +9.7% |
| 2016 | 14,238 constant 2024 US$ | -7.1% |
| 2017 | 13,020 constant 2024 US$ | -8.6% |
| 2018 | 13,232 constant 2024 US$ | +1.6% |
| 2019 | 13,370 constant 2024 US$ | +1.0% |
| 2020 | 14,052 constant 2024 US$ | +5.1% |
Paraguay compared with similar countries
- Paraguay's 14,052 constant 2024 US$ is below the median for upper middle income countries, which is 19,504 constant 2024 US$, 72% of the median. (46 countries reporting)
- Paraguay's 14,052 constant 2024 US$ is below the median for Latin America & Caribbean, which is 23,332 constant 2024 US$, 60% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18,402 constant 2024 US$ | 16,039 constant 2024 US$ | 20,766 constant 2024 US$ | 2 |
| 1990s | 13,349 constant 2024 US$ | 5,791 constant 2024 US$ | 23,763 constant 2024 US$ | 10 |
| 2000s | 6,498 constant 2024 US$ | 4,615 constant 2024 US$ | 8,323 constant 2024 US$ | 10 |
| 2010s | 12,810 constant 2024 US$ | 9,210 constant 2024 US$ | 15,321 constant 2024 US$ | 10 |
| 2020s | 14,052 constant 2024 US$ | 14,052 constant 2024 US$ | 14,052 constant 2024 US$ | 1 |
Countries ranked near Paraguay
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 per armed forces personnel in Paraguay?
- Military spending per armed forces personnel in Paraguay was 14,052 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Paraguay?
- The highest recorded value was 23,763 constant 2024 US$ in 1991.
- What is the lowest military spending per armed forces personnel recorded in Paraguay?
- The lowest recorded value was 4,615 constant 2024 US$ in 2003.
- How does Paraguay rank for military spending per armed forces personnel?
- Paraguay ranks 111th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Paraguay?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is falling.
- Where does this Paraguay data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
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About this data
Total military expenditure divided by armed forces personnel. 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.