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Paraguay Military Spending

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

Paraguay's military spending was 0.88% in 2025, ranked 119th globally. This represents a 5.8% decrease from 2024. Data from World Bank, covering 1960–2025.

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.

Paraguay's military spending has exhibited a marked volatility over the 66-year period from 1960 to 2025. The country's military expenditure peaked in 1972, reaching 3.85% of its GDP, a level significantly higher than its closest peer Nepal's 0.90% in 2025. Conversely, Paraguay's military spending hit a trough in 2008, plummeting to 0.68% of its GDP. This downward trend has continued, with Paraguay's military spending standing at 0.88% of its GDP in 2025, ranking 119 globally. The current level of military spending is also lower than that of Brazil, a regional peer, which recorded 0.84% in 2025. If regional security dynamics or global economic conditions were to change, a shift in Paraguay's military spending trajectory could be expected, potentially influenced by its proximity to Brazil and other regional powers, and the evolving nature of regional security threats.

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 October 31, 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} }
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