Argentina vs Paraguay: Military expenditure

Argentina

3.82 trillion current LCU

in 2024

Paraguay

3.13 trillion current LCU

in 2024

Argentina rank

17th

Paraguay rank

19th

Military expenditure over time

Argentina currently reports 3.82 trillion current LCU against 3.13 trillion current LCU in Paraguay, a difference of 694.65 billion current LCU.

That makes Argentina's figure about 1.2 times Paraguay's.

The two have swapped places 1 time across 65 shared years of data; in 1960 it was Paraguay ahead.

Globally, Argentina ranks 17th and Paraguay ranks 19th of 167 countries.

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)