Military expenditure in dollars — all countries

Military expenditure in dollars — Paraguay

Military expenditure in dollars in Paraguay in 2024 — 413,971,348 US$. Ranked 106 in the world out of 151. Since 1960, the indicator has risen by 5,740%.

2024 414M US$ +4.12% vs 2023
World rank 106of 151
Period maximum 414M US$2024
Period minimum 7.09M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Paraguay, 1960–20240200M400M600M19601967197419811988199520022009201620231960: 7,088,542 US$1962: 8,276,811 US$1964: 9,815,377 US$1966: 13,588,794 US$1968: 16,621,004 US$1970: 19,316,667 US$1972: 28,851,587 US$1974: 31,434,127 US$1976: 46,757,937 US$1978: 69,522,222 US$1980: 89,326,190 US$1982: 208,026,190 US$1984: 172,997,512 US$1986: 191,435,349 US$1988: 178,435,818 US$1990: 112,234,256 US$1992: 169,556,285 US$1994: 161,100,272 US$1996: 202,012,225 US$1998: 139,262,988 US$2000: 110,248,167 US$2002: 69,892,741 US$2004: 84,466,986 US$2006: 106,557,406 US$2008: 168,154,857 US$2010: 204,605,255 US$2012: 320,909,757 US$2014: 398,370,830 US$2016: 343,232,341 US$2018: 386,556,390 US$2020: 364,342,200 US$2022: 365,688,253 US$2024: 413,971,348 US$
Change over the period: +407M (+5,740.01%) Average annual rate: 6.56 %

Comparison, 2024

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

Paraguay 414M US$
World 2.65T US$
South America computed 53.6B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Paraguay, by year Paraguay All countries CSV XLSX
Year US$ Change Change, %
2024 414M +16.39M +4.12%
2023 398M +31.89M +8.72%
2022 366M −6.91M −1.86%
2021 373M +8.26M +2.27%
2020 364M −11.44M −3.04%
2019 376M −10.78M −2.79%
2018 387M +38.38M +11.02%
2017 348M +4.95M +1.44%
2016 343M −43.31M −11.2%
2015 387M −11.83M −2.97%
2014 398M +27.16M +7.32%
2013 371M +50.31M +15.68%
2012 321M +35.8M +12.56%
2011 285M +80.5M +39.34%
2010 205M +36.12M +21.44%
2009 168M +331,405 +0.2%
2008 168M +35.76M +27.01%
2007 132M +25.84M +24.25%
2006 107M +29.09M +37.55%
2005 77.47M −7M −8.28%
2004 84.47M +20.96M +32.99%
2003 63.51M −6.38M −9.13%
2002 69.89M −21.41M −23.45%
2001 91.3M −18.95M −17.19%
2000 110M −6.31M −5.41%
1999 117M −22.71M −16.31%
1998 139M −28.72M −17.1%
1997 168M −34.03M −16.85%
1996 202M −4.91M −2.37%
1995 207M +45.83M +28.45%
1994 161M +3.17M +2.01%
1993 158M −11.63M −6.86%
1992 170M −28.06M −14.2%
1991 198M +85.38M +76.07%
1990 112M +14.09M +14.36%
1989 98.14M −80.29M −45%
1988 178M +61.51M +52.61%
1987 117M −74.51M −38.92%
1986 191M +33.07M +20.88%
1985 158M −14.63M −8.46%
1984 173M −48.22M −21.8%
1983 221M +13.2M +6.34%
1982 208M +76.08M +57.66%
1981 132M +42.62M +47.71%
1980 89.33M +25.8M +40.6%
1979 63.53M −5.99M −8.62%
1978 69.52M +14.04M +25.3%
1977 55.49M +8.73M +18.67%
1976 46.76M +3.27M +7.52%
1975 43.49M +12.05M +38.35%
1974 31.43M +518,254 +1.68%
1973 30.92M +2.06M +7.15%
1972 28.85M +8.1M +39.04%
1971 20.75M +1.43M +7.42%
1970 19.32M +1.46M +8.18%
1969 17.86M +1.24M +7.43%
1968 16.62M +1.68M +11.28%
1967 14.94M +1.35M +9.92%
1966 13.59M +1.91M +16.35%
1965 11.68M +1.86M +18.99%
1964 9.82M +606,442 +6.59%
1963 9.21M +932,124 +11.26%
1962 8.28M +1.09M +15.16%
1961 7.19M +98,920 +1.4%
1960 7.09M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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