Military spending, per unit of GDP in Paraguay
Paraguay: Military spending, per unit of GDP was 0.011 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.011 constant 2022 US$ per US$ of GDP
Change on year
up 3.9%
World rank
129th
of 170 countries
All-time high
0.1741 constant 2022 US$ per US$ of GDP
in 1965
All-time low
0.0065 constant 2022 US$ per US$ of GDP
in 2008
Years of data
64
1960–2023
Military spending, per unit of GDP in Paraguay, 1960–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
The most recent figure for military spending, per unit of gdp in Paraguay is 0.011 constant 2022 US$ per US$ of GDP, measured in 2023.
Compared with earlier readings it is up 3.9% on the previous year and up 7.7% over ten years.
Over the whole period, military spending, per unit of gdp in Paraguay peaked at 0.1741 constant 2022 US$ per US$ of GDP in 1965 and was at its lowest, 0.0065 constant 2022 US$ per US$ of GDP, in 2008.
Paraguay ranks 129th of 170 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per unit of GDP in Paraguay, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1411 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.138 constant 2022 US$ per US$ of GDP | -2.2% |
| 1962 | 0.132 constant 2022 US$ per US$ of GDP | -4.4% |
| 1963 | 0.1348 constant 2022 US$ per US$ of GDP | +2.2% |
| 1964 | 0.1659 constant 2022 US$ per US$ of GDP | +23.1% |
| 1965 | 0.1741 constant 2022 US$ per US$ of GDP | +5.0% |
| 1966 | 0.167 constant 2022 US$ per US$ of GDP | -4.1% |
| 1967 | 0.154 constant 2022 US$ per US$ of GDP | -7.8% |
| 1968 | 0.1511 constant 2022 US$ per US$ of GDP | -1.9% |
| 1969 | 0.144 constant 2022 US$ per US$ of GDP | -4.7% |
| 1970 | 0.138 constant 2022 US$ per US$ of GDP | -4.1% |
| 1971 | 0.1241 constant 2022 US$ per US$ of GDP | -10.1% |
| 1972 | 0.1158 constant 2022 US$ per US$ of GDP | -6.7% |
| 1973 | 0.0834 constant 2022 US$ per US$ of GDP | -28.0% |
| 1974 | 0.0646 constant 2022 US$ per US$ of GDP | -22.5% |
| 1975 | 0.0656 constant 2022 US$ per US$ of GDP | +1.4% |
| 1976 | 0.0645 constant 2022 US$ per US$ of GDP | -1.7% |
| 1977 | 0.0589 constant 2022 US$ per US$ of GDP | -8.6% |
| 1978 | 0.0517 constant 2022 US$ per US$ of GDP | -12.3% |
| 1979 | 0.0424 constant 2022 US$ per US$ of GDP | -18.0% |
| 1980 | 0.0386 constant 2022 US$ per US$ of GDP | -9.0% |
| 1981 | 0.0351 constant 2022 US$ per US$ of GDP | -9.1% |
| 1982 | 0.0409 constant 2022 US$ per US$ of GDP | +16.6% |
| 1983 | 0.0367 constant 2022 US$ per US$ of GDP | -10.3% |
| 1984 | 0.0375 constant 2022 US$ per US$ of GDP | +2.3% |
| 1985 | 0.0468 constant 2022 US$ per US$ of GDP | +24.7% |
| 1986 | 0.0499 constant 2022 US$ per US$ of GDP | +6.7% |
| 1987 | 0.0388 constant 2022 US$ per US$ of GDP | -22.2% |
| 1988 | 0.0385 constant 2022 US$ per US$ of GDP | -0.8% |
| 1989 | 0.032 constant 2022 US$ per US$ of GDP | -17.0% |
| 1990 | 0.0267 constant 2022 US$ per US$ of GDP | -16.6% |
| 1991 | 0.0285 constant 2022 US$ per US$ of GDP | +6.9% |
| 1992 | 0.0329 constant 2022 US$ per US$ of GDP | +15.5% |
| 1993 | 0.0312 constant 2022 US$ per US$ of GDP | -5.4% |
| 1994 | 0.0276 constant 2022 US$ per US$ of GDP | -11.4% |
| 1995 | 0.0258 constant 2022 US$ per US$ of GDP | -6.7% |
| 1996 | 0.0235 constant 2022 US$ per US$ of GDP | -8.8% |
| 1997 | 0.0232 constant 2022 US$ per US$ of GDP | -1.2% |
| 1998 | 0.0237 constant 2022 US$ per US$ of GDP | +2.2% |
| 1999 | 0.0216 constant 2022 US$ per US$ of GDP | -8.9% |
| 2000 | 0.0172 constant 2022 US$ per US$ of GDP | -20.4% |
| 2001 | 0.0144 constant 2022 US$ per US$ of GDP | -16.4% |
| 2002 | 0.0132 constant 2022 US$ per US$ of GDP | -8.6% |
| 2003 | 0.0102 constant 2022 US$ per US$ of GDP | -22.3% |
| 2004 | 0.0091 constant 2022 US$ per US$ of GDP | -11.0% |
| 2005 | 0.008 constant 2022 US$ per US$ of GDP | -12.2% |
| 2006 | 0.0078 constant 2022 US$ per US$ of GDP | -2.3% |
| 2007 | 0.0075 constant 2022 US$ per US$ of GDP | -3.8% |
| 2008 | 0.0065 constant 2022 US$ per US$ of GDP | -13.1% |
| 2009 | 0.0077 constant 2022 US$ per US$ of GDP | +18.3% |
| 2010 | 0.0077 constant 2022 US$ per US$ of GDP | -0.9% |
| 2011 | 0.0084 constant 2022 US$ per US$ of GDP | +9.9% |
| 2012 | 0.011 constant 2022 US$ per US$ of GDP | +30.3% |
| 2013 | 0.0103 constant 2022 US$ per US$ of GDP | -6.4% |
| 2014 | 0.0091 constant 2022 US$ per US$ of GDP | -11.1% |
| 2015 | 0.01 constant 2022 US$ per US$ of GDP | +9.5% |
| 2016 | 0.0096 constant 2022 US$ per US$ of GDP | -4.0% |
| 2017 | 0.0096 constant 2022 US$ per US$ of GDP | +0.1% |
| 2018 | 0.0101 constant 2022 US$ per US$ of GDP | +4.8% |
| 2019 | 0.0112 constant 2022 US$ per US$ of GDP | +11.2% |
| 2020 | 0.0123 constant 2022 US$ per US$ of GDP | +9.8% |
| 2021 | 0.0113 constant 2022 US$ per US$ of GDP | -8.1% |
| 2022 | 0.0106 constant 2022 US$ per US$ of GDP | -5.9% |
| 2023 | 0.011 constant 2022 US$ per US$ of GDP | +3.9% |
Paraguay compared with similar countries
- Paraguay's 0.011 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 73% of the median. (49 countries reporting)
- Paraguay's 0.011 constant 2022 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 97% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1502 constant 2022 US$ per US$ of GDP | 0.132 constant 2022 US$ per US$ of GDP | 0.1741 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.0809 constant 2022 US$ per US$ of GDP | 0.0424 constant 2022 US$ per US$ of GDP | 0.138 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.0395 constant 2022 US$ per US$ of GDP | 0.032 constant 2022 US$ per US$ of GDP | 0.0499 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.0265 constant 2022 US$ per US$ of GDP | 0.0216 constant 2022 US$ per US$ of GDP | 0.0329 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0102 constant 2022 US$ per US$ of GDP | 0.0065 constant 2022 US$ per US$ of GDP | 0.0172 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0097 constant 2022 US$ per US$ of GDP | 0.0077 constant 2022 US$ per US$ of GDP | 0.0112 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0113 constant 2022 US$ per US$ of GDP | 0.0106 constant 2022 US$ per US$ of GDP | 0.0123 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Paraguay
- 126 Malaysia 0.0117 constant 2022 US$ per US$ of GDP compare
- 127 Bahamas 0.0114 constant 2022 US$ per US$ of GDP compare
- 128 Cameroon 0.0112 constant 2022 US$ per US$ of GDP compare
- 130 Belize 0.0107 constant 2022 US$ per US$ of GDP compare
- 131 Malawi 0.0106 constant 2022 US$ per US$ of GDP compare
- 132 Cote d'Ivoire 0.0099 constant 2022 US$ per US$ of GDP 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, per unit of gdp in Paraguay?
- Military spending, per unit of gdp in Paraguay was 0.011 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Paraguay?
- The highest recorded value was 0.1741 constant 2022 US$ per US$ of GDP in 1965.
- What is the lowest military spending, per unit of gdp recorded in Paraguay?
- The lowest recorded value was 0.0065 constant 2022 US$ per US$ of GDP in 2008.
- How does Paraguay rank for military spending, per unit of gdp?
- Paraguay ranks 129th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Paraguay?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.