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$, in 2003.
Paraguay ranks 111th of 160 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18,402 constant 2024 US$ | 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
- Spring temperature anomalies 1.44 °C (2026)
- Summer temperature anomalies -1.58 °C (2026)
- Temperature anomalies by month 0.0626 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.42 °C (2025)
- Winter temperature anomalies -0.3055 °C (2025)
- Consumer price index 190.29 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
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.