Military Expenditure in Paraguay increased to 372.60 USD Million in 2021 from 364.30 USD Million in 2020. source: SIPRI

Military Expenditure in Paraguay averaged 144.42 USD Million from 1960 until 2021, reaching an all time high of 398.40 USD Million in 2014 and a record low of 7.10 USD Million in 1960. Paraguay Military Expenditure - values, historical data and charts - was last updated on December of 2022.

Military Expenditure in Paraguay is expected to reach 353.16 USD Million by the end of 2022, 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 2023 and 342.63 USD Million in 2024, according to our econometric models.

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Paraguay Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 372.60 364.30 USD Million Dec 2021