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Military Expenditure (Local Currency) in Paraguay

Source: World Bank
Last Updated: December 1, 2024

Military expenditure in local currency reached PYG 2,552 bil in 2022 in Paraguay, according to the SIPRI Military Expenditure Database. This is 2.69% more than in the previous year.

Historically, military expenditure in local currency in Paraguay reached an all time high of PYG 2,552 bil in 2022 and an all time low of PYG 0.873 bil in 1960.

Paraguay has been ranked 15th within the group of 150 countries we follow in terms of military expenditure in local currency.

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