Annual gdp growth in Paraguay
Paraguay: Annual gdp growth was 4.71 in 2023. ◆ Volatile
Latest (2023)
4.71
Change on year
up 2,516.7%
World rank
59th
of 211 countries
All-time high
11.1
in 2010
All-time low
-2.31
in 2000
Years of data
24
2000–2023
Annual gdp growth in Paraguay, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual gdp growth in Paraguay stood at 4.71.
That represents a change of up 2,516.7% on the previous year and down 43.2% over ten years.
Over the whole period, annual gdp growth in Paraguay peaked at 11.1 in 2010 and was at its lowest, -2.31, in 2000.
Paraguay ranks 59th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.38 | -2.31 | 6.5 | 10 |
| 2010s | 4.31 | -0.71 | 11.1 | 10 |
| 2020s | 2.02 | -0.82 | 4.71 | 4 |
Countries ranked near Paraguay
More economy & growth data for Paraguay
- External balance on goods and services as a percent of gdp -2.12 (2025)
- Inflation of consumer prices 4.04 (2025)
- Gdp per capita worldbank constant usd 7,029 (2025)
- Manufacturing value added to gdp 19.43 (2025)
- Gdp worldbank constant usd 49.29 billion (2025)
- Gdp per capita in international and market dollars 7,029 (2025)
- DEC alternative conversion factor 7,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 10.99 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 29.61 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Paraguay?
- Annual gdp growth in Paraguay was 4.71 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Paraguay?
- The highest recorded value was 11.1 in 2010.
- What is the lowest annual gdp growth recorded in Paraguay?
- The lowest recorded value was -2.31 in 2000.
- How does Paraguay rank for annual gdp growth?
- Paraguay ranks 59th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Paraguay?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).