Paraguay Military Spending
Paraguay spends an estimated 0.9% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $406 million (2025).
Defense budget and military expenditure data (1960–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$418 million
Ranked #109 of 153 countries worldwide
Percent of GDP
0.9%
Ranked #135 of 163 countries by % of GDP
Year-over-Year Change
+3.0%
From $406M in 2025
Historical Peak Spending
$414 million
Reached in 2024
How the 2026 figures are produced. Neither figure is a researched budget estimate. The share-of-GDP figure is the arithmetic mean of Paraguay’s last 3 reported years (2023–2025), carried across both estimate years unchanged. The dollar figure is not a per-country forecast — it is the actual SIPRI figure for 2025 raised by a flat 3%, the same rate applied to every country in this group, so it can rise even where the share-of-GDP path falls. Actual SIPRI figures for Paraguay run to 2025.
Paraguay Defense Budget Summary
In 2026, Paraguay is estimated to have spent $418 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 #109 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 3.0%, from $406 million to $418 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 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 0.91% | $430M |
| 2026(estimate) | 0.91% | $418M |
| 2025 | 0.88% | $406M |
| 2024 | 0.93% | $414M |
| 2023 | 0.92% | $398M |
| 2022 | 0.87% | $367M |
| 2021 | 0.92% | $392M |
| 2020 | 1.03% | $407M |
| 2019 | 0.97% | $388M |
| 2018 | 0.96% | $383M |
| 2017 | 0.89% | $352M |
| 2016 | 0.95% | $362M |
| 2015 | 1.07% | $390M |
| 2014 | 0.99% | $355M |
| 2013 | 0.96% | $337M |
| 2012 | 0.96% | $306M |
| 2011 | 0.84% | $267M |
| 2010 | 0.75% | $234M |
| 2009 | 0.75% | $212M |
| 2008 | 0.68% | $191M |
| 2007 | 0.74% | $191M |
| 2006 | 0.79% | $186M |
| 2005 | 0.72% | $162M |
| 2004 | 0.88% | $183M |
| 2003 | 0.83% | $154M |
| 2002 | 0.97% | $172M |
| 2001 | 1.07% | $179M |
| 2000 | 1.24% | $197M |
| 1999 | 1.39% | $203M |
| 1998 | 1.54% | $226M |
| 1997 | 1.69% | $243M |
| 1996 | 2.06% | $295M |
| 1995 | 2.28% | $317M |
| 1994 | 2.05% | $271M |
| 1993 | 2.18% | $294M |
| 1992 | 2.37% | $321M |
| 1991 | 2.83% | $380M |
| 1990 | 2.13% | $249M |
| 1989 | 2.43% | $257M |
| 1988 | 3.20% | $307M |
| 1987 | 2.77% | $247M |
| 1986 | 3.80% | $303M |
| 1985 | 3.76% | $299M |
| 1984 | 3.51% | $268M |
| 1983 | 3.65% | $259M |
| 1982 | 3.80% | $276M |
| 1981 | 2.53% | $184M |
| 1980 | 2.18% | $141M |
| 1979 | 2.03% | $122M |
| 1978 | 2.96% | $172M |
| 1977 | 2.89% | $152M |
| 1976 | 2.99% | $140M |
| 1975 | 3.13% | $136M |
| 1974 | 2.56% | $105M |
| 1973 | 3.42% | $129M |
| 1972 | 3.85% | $136M |
| 1971 | 3.23% | $107M |
| 1970 | 3.32% | $104M |
| 1969 | 3.16% | $96M |
| 1968 | 3.21% | $91M |
| 1967 | 3.03% | $82M |
| 1966 | 2.92% | $76M |
| 1965 | 2.63% | $67M |
| 1964 | 2.40% | $59M |
| 1963 | 2.40% | $56M |
| 1962 | 2.30% | $51M |
| 1961 | 2.28% | $45M |
| 1960 | 2.53% | $51M |