The ratio of military expenditure to gross domestic product (GDP) in Paraguay decreased by 0.1 percentage points (-10.75 percent) in 2022 in comparison to the previous year. Nevertheless, the last two years recorded a significant higher ratio than the preceding years. 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.
Expenditure on military as a share of GDP of Paraguay from 2000 to 2022
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World Bank. (June 28, 2024). Expenditure on military as a share of GDP of Paraguay from 2000 to 2022 [Graph]. In Statista. Retrieved August 24, 2024, 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 2000 to 2022." Chart. June 28, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/
World Bank. (2024). Expenditure on military as a share of GDP of Paraguay from 2000 to 2022. Statista. Statista Inc.. Accessed: August 24, 2024. 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 2000 to 2022." Statista, Statista Inc., 28 Jun 2024, 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 2000 to 2022 Statista, https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/ (last visited August 24, 2024)
Expenditure on military as a share of GDP of Paraguay from 2000 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/1390999/expenditure-on-military-as-a-share-of-gdp-paraguay/