The ratio of military expenditure to gross domestic product (GDP) in Paraguay increased by 0.1 percentage points (+12.05 percent) in 2023 in comparison to the previous year. In total, the ratio amounted to 0.91 percent in 2023. This increase was preceded by a declining ratio. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
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Expenditure on military as a share of GDP of Paraguay from 2001 to 2023
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World Bank. (March 24, 2025). Expenditure on military as a share of GDP of Paraguay from 2001 to 2023 [Graph]. In Statista. Retrieved June 28, 2025, from https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/
World Bank. "Expenditure on military as a share of GDP of Paraguay from 2001 to 2023." Chart. March 24, 2025. Statista. Accessed June 28, 2025. https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/
World Bank. (2025). Expenditure on military as a share of GDP of Paraguay from 2001 to 2023. Statista. Statista Inc.. Accessed: June 28, 2025. https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/
World Bank. "Expenditure on Military as a Share of Gdp of Paraguay from 2001 to 2023." Statista, Statista Inc., 24 Mar 2025, https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/
World Bank, Expenditure on military as a share of GDP of Paraguay from 2001 to 2023 Statista, https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/ (last visited June 28, 2025)
Expenditure on military as a share of GDP of Paraguay from 2001 to 2023 [Graph], World Bank, March 24, 2025. [Online]. Available: https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/
