Military expenditure as a share of gdp reached 0.831% in 2022 in Paraguay, according to the SIPRI Military Expenditure Database. This is 10.5% less than in the previous year.
Historically, military expenditure as a share of GDP in Paraguay reached an all time high of 3.85% in 1972 and an all time low of 0.683% in 2008.
Paraguay has been ranked 117th within the group of 148 countries we follow in terms of military expenditure as a share of GDP.
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