Paraguay Military Spending
Defense budget and military expenditure data (1960–2026)
Key Facts (2026 estimate)
Military Expenditure
$438 million
Ranked #107 of 148 countries worldwide
Percent of GDP
0.9%
Ranked #130 of 157 countries by % of GDP
Year-over-Year Change
+3.1%
From $425M in 2025
Historical Peak Spending
$438 million
Reached in 2026
Paraguay Defense Budget Summary
In 2026, Paraguay is estimated to have spent $438 million on military and defense, representing 0.9% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Paraguay is the #107 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 3.1%, from $425 million to $438 million. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 3.9% in 1972. The historical average military budget is 2.0% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2023 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2026(estimate) | 0.91% | $438M |
| 2025(estimate) | 0.91% | $425M |
| 2024 | 0.93% | $413M |
| 2023 | 0.92% | $398M |
| 2022 | 0.87% | $366M |
| 2021 | 0.92% | $392M |
| 2020 | 1.03% | $407M |
| 2019 | 0.97% | $387M |
| 2018 | 0.96% | $383M |
| 2017 | 0.89% | $351M |
| 2016 | 0.95% | $362M |
| 2015 | 1.07% | $389M |
| 2014 | 0.99% | $355M |
| 2013 | 0.96% | $336M |
| 2012 | 0.96% | $306M |
| 2011 | 0.84% | $267M |
| 2010 | 0.75% | $234M |
| 2009 | 0.75% | $212M |
| 2008 | 0.68% | $190M |
| 2007 | 0.74% | $190M |