Ranked:
N/A (2012)

Paraguayan Military Budget

See the chart below for a yearly breakdown of military spending in Paraguay. (2001 to 2012)

Military Spending in Paraguay

Our latest data shows that Paraguay spent $430,000,000 on their military in 2012 which amounted to 1.8% of the country's GDP that year. Check out the chart below for more Paraguayan military budget data. We can only publish the past 12 years, but SIPRI has data as far back as 1988 on their site.

Total Spent: $2,804,000,000 (Last 12 years)

Year Dollars Spent % GDP
2001 $198,000,000 1.5%
2002 $191,000,000 1.4%
2003 $170,000,000 1.2%
2004 $202,000,000 1.3%
2005 $181,000,000 1.1%
2006 $204,000,000 1.2%
Year Dollars Spent % GDP
2007 $209,000,000 1.1%
2008 $215,000,000 1.1%
2009 $238,000,000 1.2%
2010 $264,000,000 1.2%
2011 $302,000,000 1.3%
2012 $430,000,000 1.8%

Note on Data: Constant (2011) US Dollars are used. For more information about this data visit SIPRI.org.

SIPRI Footnote: The figures for Paraguay in 2003 are for the modified budget, rather than actual expenditure.

Other Countries in the Region

Trinidadian, Tobagonian Flag Trinidad &Tobago
No Data (2012)
Honduran Flag Honduras
$192 Million (2012)
Panamanian Flag Panama
No Data (2012)
Jamaican Flag Jamaica
$123 Million (2012)
Nicaraguan Flag Nicaragua
$65 Million (2012)
Ecuadorian Flag Ecuador
$2,263 Million (2012)
Guyanese Flag Guyana
$30 Million (2012)
Venezuelan Flag Venezuela
$3,316 Million (2012)

Paraguay's Military Branches

Army, National Navy (Armada Nacional, includes Marine Corps, Naval Aviation, and Coast Guard), Paraguayan Air Force (Fuerza Aerea Paraguay, FAP), Logistics Command, War Materiel Directorate.

Military Service Age in Paraguay

18 years of age for compulsory and voluntary military service; conscript service obligation is 12 months for Army, 24 months for Navy; volunteers for the Air Force must be younger than 22 years of age with a secondary school diploma.