Paraguay - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Paraguay was 2,470,200,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 2,470,200,000,000 in 2019 and a minimum value of 873,074,400 in 1960.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 873,074,400
1961 905,620,100
1962 1,042,878,000
1963 1,160,326,000
1964 1,236,738,000
1965 1,471,633,000
1966 1,712,188,000
1967 1,881,992,000
1968 2,094,247,000
1969 2,249,900,000
1970 2,433,900,000
1971 2,614,500,000
1972 3,635,300,000
1973 3,895,400,000
1974 3,960,700,000
1975 5,479,600,000
1976 5,891,500,000
1977 6,991,300,000
1978 8,759,800,000
1979 8,004,800,000
1980 11,255,100,000
1981 16,624,700,000
1982 26,211,300,000
1983 27,873,890,000
1984 34,772,500,000
1985 48,564,800,000
1986 64,928,560,000
1987 64,307,560,000
1988 98,139,700,000
1989 103,660,000,000
1990 138,027,000,000
1991 261,873,000,000
1992 254,379,000,000
1993 275,486,000,000
1994 306,857,000,000
1995 406,201,000,000
1996 415,501,000,000
1997 365,842,000,000
1998 379,699,000,000
1999 363,538,000,000
2000 384,364,000,000
2001 374,867,000,000
2002 399,525,000,000
2003 408,022,000,000
2004 504,655,000,000
2005 478,600,000,000
2006 600,500,000,000
2007 666,300,000,000
2008 733,700,000,000
2009 836,600,000,000
2010 968,900,000,000
2011 1,195,000,000,000
2012 1,420,000,000,000
2013 1,603,900,000,000
2014 1,777,610,000,000
2015 2,011,900,000,000
2016 1,946,100,000,000
2017 1,956,020,000,000
2018 2,216,200,000,000
2019 2,470,200,000,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade