Africa's Development: Annual real GDP growth rate Growth rate … 02 in Paraguay
Paraguay: Africa's Development: Annual real GDP growth rate Growth rate … 02 was 3.5 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Paraguay, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Paraguay is 3.5 Percent per annum, measured in 2029.
Compared with earlier readings it is up 971.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Paraguay peaked at 11.1 Percent per annum in 2010 and was at its lowest, -2.31 Percent per annum, in 2000.
That places Paraguay 64th out of 166 countries with data for 2029, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth rate Growth rate … 02 in Paraguay, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 4.12 Percent per annum | — |
| 1991 | 3.49 Percent per annum | -15.3% |
| 1992 | 1.7 Percent per annum | -51.4% |
| 1993 | 4.94 Percent per annum | +191.0% |
| 1994 | 5.32 Percent per annum | +7.7% |
| 1995 | 6.82 Percent per annum | +28.3% |
| 1996 | 1.57 Percent per annum | -76.9% |
| 1997 | 4.24 Percent per annum | +169.6% |
| 1998 | 0.068 Percent per annum | -98.4% |
| 1999 | -1.37 Percent per annum | -2107.8% |
| 2000 | -2.31 Percent per annum | +69.4% |
| 2001 | -0.8341 Percent per annum | -64.0% |
| 2002 | -0.0214 Percent per annum | -97.4% |
| 2003 | 4.32 Percent per annum | -20286.3% |
| 2004 | 4.06 Percent per annum | -6.1% |
| 2005 | 2.13 Percent per annum | -47.4% |
| 2006 | 4.81 Percent per annum | +125.3% |
| 2007 | 5.42 Percent per annum | +12.8% |
| 2008 | 6.5 Percent per annum | +19.8% |
| 2009 | -0.2611 Percent per annum | -104.0% |
| 2010 | 11.1 Percent per annum | -4348.8% |
| 2011 | 4.29 Percent per annum | -61.4% |
| 2012 | -0.708 Percent per annum | -116.5% |
| 2013 | 8.29 Percent per annum | -1271.3% |
| 2014 | 5.3 Percent per annum | -36.1% |
| 2015 | 2.96 Percent per annum | -44.2% |
| 2016 | 4.27 Percent per annum | +44.3% |
| 2017 | 4.81 Percent per annum | +12.7% |
| 2018 | 3.2 Percent per annum | -33.4% |
| 2019 | -0.4019 Percent per annum | -112.5% |
| 2020 | -0.8198 Percent per annum | +104.0% |
| 2021 | 4.02 Percent per annum | -590.0% |
| 2022 | 0.176 Percent per annum | -95.6% |
| 2023 | 4.48 Percent per annum | +2443.2% |
| 2024 | 3.8 Percent per annum | -15.1% |
| 2025 | 3.8 Percent per annum | +0.0% |
| 2026 | 3.5 Percent per annum | -7.9% |
| 2027 | 3.5 Percent per annum | +0.0% |
| 2028 | 3.5 Percent per annum | +0.0% |
| 2029 | 3.5 Percent per annum | +0.0% |
Paraguay compared with similar countries
- Paraguay's 3.5 Percent per annum is above the median for upper middle income countries, which is 2.7 Percent per annum, 1.3× the median. (50 countries reporting)
- Paraguay's 3.5 Percent per annum is above the median for Latin America & Caribbean, which is 2.62 Percent per annum, 1.3× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +20286.3% | -0.0214 Percent per annum | 4.32 Percent per annum |
| 2010 | +4348.8% | -0.2611 Percent per annum | 11.1 Percent per annum |
| 2023 | +2443.2% | 0.176 Percent per annum | 4.48 Percent per annum |
| 1999 | -2107.8% | 0.068 Percent per annum | -1.37 Percent per annum |
| 2013 | +1271.3% | -0.708 Percent per annum | 8.29 Percent per annum |
| 2021 | +590.0% | -0.8198 Percent per annum | 4.02 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.09 Percent per annum | -1.37 Percent per annum | 6.82 Percent per annum | 10 |
| 2000s | 2.38 Percent per annum | -2.31 Percent per annum | 6.5 Percent per annum | 10 |
| 2010s | 4.31 Percent per annum | -0.708 Percent per annum | 11.1 Percent per annum | 10 |
| 2020s | 2.95 Percent per annum | -0.8198 Percent per annum | 4.48 Percent per annum | 10 |
Countries ranked near Paraguay
More economy & growth data for Paraguay
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 157.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 48.35 units per person (2025)
- SDRs holdings, SDR, annual growth rate 144.76 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.005 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 35.31 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 30.18 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Paraguay?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Paraguay was 3.5 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Paraguay?
- The highest recorded value was 11.1 Percent per annum in 2010.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Paraguay?
- The lowest recorded value was -2.31 Percent per annum in 2000.
- How does Paraguay rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Paraguay ranks 64th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Paraguay?
- Over the last ten years it is up 971.0%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.