Cyprus vs Paraguay: Gross domestic product (GDP), annual growth rate

Cyprus
4 % change on previous year
in 2023
Paraguay
3.78 % change on previous year
in 2023
Cyprus rank
61st
Paraguay rank
64th

Gross domestic product (GDP), annual growth rate over time

  • Cyprus
  • Paraguay
-2002040195119872023

How they compare

Cyprus currently reports 4 % change on previous year against 3.78 % change on previous year in Paraguay, a difference of 0.22 % change on previous year.

That makes Cyprus's figure about 1.1 times Paraguay's.

The two have swapped places 40 times across 72 shared years of data; in 1952 it was Cyprus ahead.

Cyprus ranks 61st and Paraguay ranks 64th of 184 countries.

Across the 8 decades both report, Cyprus averaged higher in 3 and Paraguay in 5.

Head to head by decade

Decade Cyprus Paraguay Difference Ahead
1950s 5.74 % change on previous year 2.47 % change on previous year 3.27 % change on previous year Cyprus
1960s 7.21 % change on previous year 4.05 % change on previous year 3.16 % change on previous year Cyprus
1970s 5.14 % change on previous year 7.28 % change on previous year 2.14 % change on previous year Paraguay
1980s 5.89 % change on previous year 4.39 % change on previous year 1.5 % change on previous year Cyprus
1990s 3.01 % change on previous year 3.7 % change on previous year 0.682 % change on previous year Paraguay
2000s 4.72 % change on previous year 7.42 % change on previous year 2.7 % change on previous year Paraguay
2010s 1.71 % change on previous year 4.7 % change on previous year 2.99 % change on previous year Paraguay
2020s -0.2133 % change on previous year 1.02 % change on previous year 1.23 % change on previous year Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), annual growth rate, Cyprus or Paraguay?
Cyprus, at 4 % change on previous year against 3.78 % change on previous year in Paraguay as of 2023.
What is the difference in gross domestic product (gdp), annual growth rate between Cyprus and Paraguay?
0.22 % change on previous year, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Paraguay?
72 years are reported by both, from 1952 to 2023.
How do Cyprus and Paraguay rank globally for gross domestic product (gdp), annual growth rate?
Cyprus ranks 61st and Paraguay ranks 64th of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic product (GDP), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Paraguay: Gross domestic product (GDP), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-annual-growth-rate/cyprus/paraguay/

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About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.