Military Expenditure in Paraguay increased to 416 USD Million in 2019 from 387 USD Million in 2018. source: SIPRI

Military Expenditure in Paraguay averaged 210.91 USD Million from 1960 until 2019, reaching an all time high of 416 USD Million in 2019 and a record low of 45.40 USD Million in 1961. Paraguay Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Paraguay is expected to reach 353.16 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Military Expenditure is projected to trend around 348.89 USD Million in 2022 and 342.63 USD Million in 2023, according to our econometric models.

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Paraguay Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
416.00 387.00 416.00 45.40 1960 - 2019 USD Million Yearly
constant 2018 prices

Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 34.20 22.90 67.00 8.10 percent [+]
Government Budget -2.80 -1.30 4.50 -3.30 percent of GDP [+]
Military Expenditure 416.00 387.00 416.00 45.40 USD Million [+]
Credit Rating 46.00 [+]
Government Debt 11015.50 10959.90 11015.50 2350.60 USD Million [+]
Government Spending 9412207.00 7109585.00 9412207.00 274586.00 PYG Million [+]