Military spending in Paraguay
Paraguay: Military spending was 405.76 million constant 2024 US$ in 2025. ▲ Rising
Military spending in Paraguay, 1960–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Paraguay recorded 405.76 million constant 2024 US$ for military spending in 2025.
Compared with earlier readings it is down 1.9% on the previous year and up 4.1% over ten years.
Over the whole period, military spending in Paraguay peaked at 413.83 million constant 2024 US$ in 2024 and was at its lowest, 45.00 million constant 2024 US$, in 1961.
That places Paraguay 113th out of 162 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 67.33 million constant 2024 US$ | 45.00 million constant 2024 US$ | 95.50 million constant 2024 US$ | 10 |
| 1970s | 130.21 million constant 2024 US$ | 104.21 million constant 2024 US$ | 171.77 million constant 2024 US$ | 10 |
| 1980s | 253.99 million constant 2024 US$ | 140.63 million constant 2024 US$ | 307.15 million constant 2024 US$ | 10 |
| 1990s | 279.82 million constant 2024 US$ | 202.69 million constant 2024 US$ | 380.21 million constant 2024 US$ | 10 |
| 2000s | 182.58 million constant 2024 US$ | 154.14 million constant 2024 US$ | 211.81 million constant 2024 US$ | 10 |
| 2010s | 337.42 million constant 2024 US$ | 234.40 million constant 2024 US$ | 389.92 million constant 2024 US$ | 10 |
| 2020s | 397.30 million constant 2024 US$ | 366.73 million constant 2024 US$ | 413.83 million constant 2024 US$ | 6 |
Countries ranked near Paraguay
- 110 Niger 449.94 million constant 2024 US$ compare
- 111 Mozambique 445.67 million constant 2024 US$ compare
- 112 Nepal 429.02 million constant 2024 US$ compare
- 114 Namibia 386.27 million constant 2024 US$ compare
- 115 Ghana 385.16 million constant 2024 US$ compare
- 116 North Macedonia 346.10 million constant 2024 US$ compare
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 in Paraguay?
- Military spending in Paraguay was 405.76 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Paraguay?
- The highest recorded value was 413.83 million constant 2024 US$ in 2024.
- What is the lowest military spending recorded in Paraguay?
- The lowest recorded value was 45.00 million constant 2024 US$ in 1961.
- How does Paraguay rank for military spending?
- Paraguay ranks 113th out of 162 countries with data for 2025.
- Is military spending rising or falling in Paraguay?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.