Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Paraguay

Military expenditure (% of GDP) in Paraguay in 2024 — 0.93%. Ranked 114 in the world out of 147. Since 1960, the indicator has fallen by 1.6 pp.

2024 0.93% +0.01 pp vs 2023
World rank 114of 147
Period maximum 3.85%1972
Period minimum 0.68%2008

Trend over time

1960–2024 · % of GDP

Military expenditure (% of GDP) — Paraguay, 1960–20240123419601967197419811988199520022009201620231960: 2.53%1962: 2.3%1964: 2.4%1966: 2.92%1968: 3.21%1970: 3.32%1972: 3.85%1974: 2.56%1976: 2.99%1978: 2.96%1980: 2.18%1982: 3.8%1984: 3.51%1986: 3.8%1988: 3.2%1990: 2.13%1992: 2.37%1994: 2.05%1996: 2.06%1998: 1.54%2000: 1.24%2002: 0.97%2004: 0.88%2006: 0.79%2008: 0.68%2010: 0.75%2012: 0.96%2014: 0.99%2016: 0.95%2018: 0.96%2020: 1.03%2022: 0.87%2024: 0.93%
Change over the period: −1.6 pp Annual average: -0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Paraguay

Paraguay 0.93%
World 2.47%
South America computed 1.27%
Military expenditure (% of GDP) — Paraguay, by year Paraguay All countries CSV XLSX
Year % Change, pp
2024 0.93 +0.01 pp
2023 0.92 +0.05 pp
2022 0.87 −0.05 pp
2021 0.92 −0.11 pp
2020 1.03 +0.05 pp
2019 0.97 +0.01 pp
2018 0.96 +0.07 pp
2017 0.89 −0.06 pp
2016 0.95 −0.12 pp
2015 1.07 +0.08 pp
2014 0.99 +0.02 pp
2013 0.96 −0 pp
2012 0.96 +0.12 pp
2011 0.84 +0.09 pp
2010 0.75 −0 pp
2009 0.75 +0.07 pp
2008 0.68 −0.06 pp
2007 0.74 −0.05 pp
2006 0.79 +0.07 pp
2005 0.72 −0.16 pp
2004 0.88 +0.05 pp
2003 0.83 −0.15 pp
2002 0.97 −0.1 pp
2001 1.07 −0.17 pp
2000 1.24 −0.14 pp
1999 1.39 −0.15 pp
1998 1.54 −0.14 pp
1997 1.69 −0.38 pp
1996 2.06 −0.22 pp
1995 2.28 +0.24 pp
1994 2.05 −0.13 pp
1993 2.18 −0.19 pp
1992 2.37 −0.46 pp
1991 2.83 +0.7 pp
1990 2.13 −0.29 pp
1989 2.43 −0.77 pp
1988 3.2 +0.42 pp
1987 2.77 −1.03 pp
1986 3.8 +0.05 pp
1985 3.76 +0.25 pp
1984 3.51 −0.14 pp
1983 3.65 −0.16 pp
1982 3.8 +1.28 pp
1981 2.53 +0.35 pp
1980 2.18 +0.16 pp
1979 2.03 −0.93 pp
1978 2.96 +0.07 pp
1977 2.89 −0.1 pp
1976 2.99 −0.14 pp
1975 3.13 +0.56 pp
1974 2.56 −0.85 pp
1973 3.42 −0.43 pp
1972 3.85 +0.62 pp
1971 3.23 −0.09 pp
1970 3.32 +0.15 pp
1969 3.16 −0.05 pp
1968 3.21 +0.18 pp
1967 3.03 +0.11 pp
1966 2.92 +0.28 pp
1965 2.63 +0.23 pp
1964 2.4 +0 pp
1963 2.4 +0.1 pp
1962 2.3 +0.02 pp
1961 2.28 −0.25 pp
1960 2.53

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.