Iraq vs Paraguay: Gross Domestic Product — Value Standard Local Currency

Iraq
313.04 million million SLC
in 2024
Paraguay
334.85 million million SLC
in 2024
Iraq rank
13th
Paraguay rank
10th

Gross Domestic Product — Value Standard Local Currency over time

  • Iraq
  • Paraguay
0100.0M200.0M300.0M400.0M197019972024

How they compare

Paraguay currently reports 334.85 million million SLC against 313.04 million million SLC in Iraq, a difference of 21.81 million million SLC.

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

The two have swapped places 8 times across 55 shared years of data; in 1970 it was Paraguay ahead.

Iraq ranks 13th and Paraguay ranks 10th of 218 countries.

Across the 6 decades both report, Iraq averaged higher in 3 and Paraguay in 3.

Head to head by decade

Decade Iraq Paraguay Difference Ahead
1970s 18,180 million SLC 225,376 million SLC 207,196 million SLC Paraguay
1980s 66,085 million SLC 2.01 million million SLC 1.94 million million SLC Paraguay
1990s 9.55 million million SLC 18.50 million million SLC 8.95 million million SLC Paraguay
2000s 80.23 million million SLC 68.58 million million SLC 11.65 million million SLC Iraq
2010s 233.19 million million SLC 184.38 million million SLC 48.81 million million SLC Iraq
2020s 303.51 million million SLC 290.29 million million SLC 13.22 million million SLC Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value standard local currency, Iraq or Paraguay?
Paraguay, at 334.85 million million SLC against 313.04 million million SLC in Iraq as of 2024.
What is the difference in gross domestic product — value standard local currency between Iraq and Paraguay?
21.81 million million SLC, with Paraguay ahead.
How many years of comparable data are there for Iraq and Paraguay?
55 years are reported by both, from 1970 to 2024.
How do Iraq and Paraguay rank globally for gross domestic product — value standard local currency?
Iraq ranks 13th and Paraguay ranks 10th of 218 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Domestic Product — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Paraguay: Gross Domestic Product — Value Standard Local Currency. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-standard-local-currency/iraq/paraguay/

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About this data

Indicator
Gross Domestic Product — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 11,049 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).