Military spending, per unit of GDP in Paraguay

Paraguay: Military spending, per unit of GDP was 0.0082 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0082 constant 2024 US$ per US$ of GDP
Change on year
down 11.0%
World rank
127th
of 160 countries
All-time high
0.1779 constant 2024 US$ per US$ of GDP
in 1960
All-time low
0.0077 constant 2024 US$ per US$ of GDP
in 2008
Years of data
66
1960–2025

Military spending, per unit of GDP in Paraguay, 1960–2025

00.050.10.150.2196019922025

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Paraguay is 0.0082 constant 2024 US$ per US$ of GDP, measured in 2025.

The figure is down 11.0% on the previous year and down 23.5% over ten years.

Over the whole period, military spending, per unit of gdp in Paraguay peaked at 0.1779 constant 2024 US$ per US$ of GDP in 1960 and was at its lowest, 0.0077 constant 2024 US$ per US$ of GDP, in 2008.

Paraguay ranks 127th of 160 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

Annual values for Military spending, per unit of GDP in Paraguay, 1960 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1960 0.1779 constant 2024 US$ per US$ of GDP
1961 0.1397 constant 2024 US$ per US$ of GDP -21.5%
1962 0.1417 constant 2024 US$ per US$ of GDP +1.4%
1963 0.145 constant 2024 US$ per US$ of GDP +2.4%
1964 0.1434 constant 2024 US$ per US$ of GDP -1.1%
1965 0.1512 constant 2024 US$ per US$ of GDP +5.5%
1966 0.1628 constant 2024 US$ per US$ of GDP +7.7%
1967 0.167 constant 2024 US$ per US$ of GDP +2.5%
1968 0.1756 constant 2024 US$ per US$ of GDP +5.2%
1969 0.1717 constant 2024 US$ per US$ of GDP -2.2%
1970 0.1753 constant 2024 US$ per US$ of GDP +2.1%
1971 0.1605 constant 2024 US$ per US$ of GDP -8.4%
1972 0.1766 constant 2024 US$ per US$ of GDP +10.1%
1973 0.1296 constant 2024 US$ per US$ of GDP -26.6%
1974 0.0786 constant 2024 US$ per US$ of GDP -39.4%
1975 0.0899 constant 2024 US$ per US$ of GDP +14.4%
1976 0.0823 constant 2024 US$ per US$ of GDP -8.4%
1977 0.0725 constant 2024 US$ per US$ of GDP -11.9%
1978 0.0671 constant 2024 US$ per US$ of GDP -7.5%
1979 0.0358 constant 2024 US$ per US$ of GDP -46.6%
1980 0.0316 constant 2024 US$ per US$ of GDP -11.8%
1981 0.0327 constant 2024 US$ per US$ of GDP +3.4%
1982 0.0509 constant 2024 US$ per US$ of GDP +55.7%
1983 0.0456 constant 2024 US$ per US$ of GDP -10.4%
1984 0.0595 constant 2024 US$ per US$ of GDP +30.7%
1985 0.0911 constant 2024 US$ per US$ of GDP +53.0%
1986 0.0815 constant 2024 US$ per US$ of GDP -10.6%
1987 0.0621 constant 2024 US$ per US$ of GDP -23.7%
1988 0.0722 constant 2024 US$ per US$ of GDP +16.2%
1989 0.0539 constant 2024 US$ per US$ of GDP -25.3%
1990 0.0428 constant 2024 US$ per US$ of GDP -20.6%
1991 0.0544 constant 2024 US$ per US$ of GDP +27.1%
1992 0.0448 constant 2024 US$ per US$ of GDP -17.7%
1993 0.0405 constant 2024 US$ per US$ of GDP -9.5%
1994 0.0345 constant 2024 US$ per US$ of GDP -14.9%
1995 0.0349 constant 2024 US$ per US$ of GDP +1.4%
1996 0.0301 constant 2024 US$ per US$ of GDP -13.8%
1997 0.0244 constant 2024 US$ per US$ of GDP -19.1%
1998 0.0244 constant 2024 US$ per US$ of GDP +0.1%
1999 0.0229 constant 2024 US$ per US$ of GDP -6.0%
2000 0.0222 constant 2024 US$ per US$ of GDP -3.2%
2001 0.021 constant 2024 US$ per US$ of GDP -5.2%
2002 0.024 constant 2024 US$ per US$ of GDP +13.9%
2003 0.02 constant 2024 US$ per US$ of GDP -16.4%
2004 0.019 constant 2024 US$ per US$ of GDP -5.3%
2005 0.0151 constant 2024 US$ per US$ of GDP -20.4%
2006 0.0138 constant 2024 US$ per US$ of GDP -8.5%
2007 0.0107 constant 2024 US$ per US$ of GDP -22.8%
2008 0.0077 constant 2024 US$ per US$ of GDP -27.5%
2009 0.0095 constant 2024 US$ per US$ of GDP +22.4%
2010 0.0086 constant 2024 US$ per US$ of GDP -9.2%
2011 0.0079 constant 2024 US$ per US$ of GDP -8.0%
2012 0.0092 constant 2024 US$ per US$ of GDP +16.3%
2013 0.0087 constant 2024 US$ per US$ of GDP -4.9%
2014 0.0088 constant 2024 US$ per US$ of GDP +0.6%
2015 0.0108 constant 2024 US$ per US$ of GDP +22.4%
2016 0.01 constant 2024 US$ per US$ of GDP -6.8%
2017 0.009 constant 2024 US$ per US$ of GDP -10.2%
2018 0.0095 constant 2024 US$ per US$ of GDP +5.6%
2019 0.0102 constant 2024 US$ per US$ of GDP +7.3%
2020 0.0115 constant 2024 US$ per US$ of GDP +12.5%
2021 0.0098 constant 2024 US$ per US$ of GDP -14.7%
2022 0.0088 constant 2024 US$ per US$ of GDP -10.7%
2023 0.0092 constant 2024 US$ per US$ of GDP +5.3%
2024 0.0092 constant 2024 US$ per US$ of GDP +0.3%
2025 0.0082 constant 2024 US$ per US$ of GDP -11.0%

Paraguay compared with similar countries

  • Paraguay's 0.0082 constant 2024 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0132 constant 2024 US$ per US$ of GDP, 62% of the median. (46 countries reporting)
  • Paraguay's 0.0082 constant 2024 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0088 constant 2024 US$ per US$ of GDP, 94% of the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1576 constant 2024 US$ per US$ of GDP 0.1397 constant 2024 US$ per US$ of GDP 0.1779 constant 2024 US$ per US$ of GDP 10
1970s 0.1068 constant 2024 US$ per US$ of GDP 0.0358 constant 2024 US$ per US$ of GDP 0.1766 constant 2024 US$ per US$ of GDP 10
1980s 0.0581 constant 2024 US$ per US$ of GDP 0.0316 constant 2024 US$ per US$ of GDP 0.0911 constant 2024 US$ per US$ of GDP 10
1990s 0.0354 constant 2024 US$ per US$ of GDP 0.0229 constant 2024 US$ per US$ of GDP 0.0544 constant 2024 US$ per US$ of GDP 10
2000s 0.0163 constant 2024 US$ per US$ of GDP 0.0077 constant 2024 US$ per US$ of GDP 0.024 constant 2024 US$ per US$ of GDP 10
2010s 0.0093 constant 2024 US$ per US$ of GDP 0.0079 constant 2024 US$ per US$ of GDP 0.0108 constant 2024 US$ per US$ of GDP 10
2020s 0.0095 constant 2024 US$ per US$ of GDP 0.0082 constant 2024 US$ per US$ of GDP 0.0115 constant 2024 US$ per US$ of GDP 6

Countries ranked near Paraguay

  1. 124 Mongolia 0.0084 constant 2024 US$ per US$ of GDP compare
  2. 125 Guinea-Bissau 0.0083 constant 2024 US$ per US$ of GDP compare
  3. 126 Benin 0.0083 constant 2024 US$ per US$ of GDP compare
  4. 128 Dominican Republic 0.0081 constant 2024 US$ per US$ of GDP compare
  5. 129 Bangladesh 0.008 constant 2024 US$ per US$ of GDP compare
  6. 130 Luxembourg 0.0079 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is military spending, per unit of gdp in Paraguay?
Military spending, per unit of gdp in Paraguay was 0.0082 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Paraguay?
The highest recorded value was 0.1779 constant 2024 US$ per US$ of GDP in 1960.
What is the lowest military spending, per unit of gdp recorded in Paraguay?
The lowest recorded value was 0.0077 constant 2024 US$ per US$ of GDP in 2008.
How does Paraguay rank for military spending, per unit of gdp?
Paraguay ranks 127th out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Paraguay?
Over the last ten years it is down 23.5%. 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.

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Military spending, per unit of GDP in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/paraguay/

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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

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

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

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.