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Paraguay Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

0.88% −0.05% (-5.8%)
Year 2025 Rank #119 Global Peak 3.85% (1972) Source World Bank

Paraguay Military Spending (1960–2025)

Overview

Paraguay's military spending stood at 0.88% in 2025, a decline of +0.05% from 2024. Based on recent trends, this figure is projected to reach 0.88% by 2025. Paraguay ranked 119th globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 0.84% - -
2026* trend 0.86% - -
2025* trend 0.88% - -
2025 0.88% −0.05% #119
2024 0.93% +0.01% #33
2023 0.92% +0.05% #32
2022 0.87% −0.05% #31
2021 0.92% −0.11% #32
2020 1.03% +0.05% #40
2019 0.97% +0.01% #36
2018 0.96% +0.07% #35
2017 0.89% −0.06% #31
2016 0.95% −0.12% #33
2015 1.07% +0.08% #46
2014 0.99% +0.02% #43
2013 0.96% −0.00% #38
2012 0.96% +0.12% #37
2011 0.84% +0.09% #29
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.5% GDP growth 4.8% C/A balance 3.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Paraguay's military spending?

Paraguay's military spending was 0.88% in 2025. Ranked 119th globally. This represents a 5.8% decrease from the previous year.

What was the highest military spending in Paraguay?

Paraguay's military spending peaked at 3.85% in 1972.

What was the lowest military spending in Paraguay?

The lowest military spending in Paraguay was 0.68% in 2008.

How does Paraguay rank in military spending?

Paraguay ranks 119th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Paraguay in 2025?

Paraguay's military spending is projected to reach 0.88% by 2025 based on trend extrapolation.

What is the military spending of Paraguay in 2025?

The military spending of Paraguay in 2025 was 0.88%. This ranks 119th in the world.

Cite this page

APA
Paraguay Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/paraguay/military-spending
BibTeX
@misc{historysaid_paraguay_military-spending, title = {Paraguay Military Spending}, url = {https://historysaid.com/paraguay/military-spending}, publisher = {HistorySaid}, year = {2026} }