Military expenditure at constant USD prices from 2014 rose 20.8% to USD 522 mil in Paraguay in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Paraguay reached an all time high of USD 522 mil in 2015 and an all time low of USD 156 mil in 1988. When compared to Paraguay's main peers, military expenditure at constant USD prices from 2014 in Argentina amounted to USD 5,342 mil, USD 513 mil in Bolivia, USD 31,954 mil in Brazil and USD 5,071 mil in Chile in 2015.
Paraguay has been ranked 81st within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 22 places above the position seen 10 years ago.
| Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Argentina | USD mil | 2,455 | 2,713 | 3,048 | 3,443 | 4,218 | ||||||||||||||||
| Bolivia | USD mil | 462 | 427 | 474 | 559 | 597 | ||||||||||||||||
| Brazil | USD mil | 29,047 | 32,257 | 31,245 | 31,846 | 32,020 | ||||||||||||||||
| Chile | USD mil | 4,247 | 4,770 | 5,057 | 4,970 | 5,139 | ||||||||||||||||
| Paraguay | USD mil | 250 | 278 | 317 | 363 | 401 | ||||||||||||||||
| Peru | USD mil | 2,110 | 2,214 | 2,162 | 2,345 | 2,907 | ||||||||||||||||
| Uruguay | USD mil | 931 | 939 | 894 | 935 | 1,025 | ||||||||||||||||
| Venezuela | USD mil | 6,130 | 4,811 | 4,495 | 7,730 | 8,293 |
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