Military Expenditure in Paraguay increased to 379 USD Million in 2018 from 348 USD Million in 2017.
Military Expenditure in Paraguay averaged 203.61 USD Million from 1960 until 2018, reaching an all time high of 386 USD Million in 2015 and a record low of 44.60 USD Million in 1961. Paraguay Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI
Military Expenditure in Paraguay is expected to reach 358.34 USD Million by the end of 2020, 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 2021 and 342.63 USD Million in 2022, according to our econometric models.