Nepal vs Paraguay: Military expenditure

Nepal

426.52 million current USD

in 2024

Paraguay

413.97 million current USD

in 2024

Nepal rank

111th

Paraguay rank

114th

Military expenditure over time

Nepal currently reports 426.52 million current USD against 413.97 million current USD in Paraguay, a difference of 12.55 million current USD.

The two have swapped places 3 times across 55 shared years of data; in 1970 it was Paraguay ahead.

Globally, Nepal ranks 111th and Paraguay ranks 114th of 167 countries.

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)