Annual growth rate of real GDP per capita (%) in Paraguay
Paraguay: Annual growth rate of real GDP per capita (%) was 3.4% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Paraguay, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Paraguay is 3.4%, measured in 2024.
Compared with earlier readings it is down 15.0% on the previous year and down 10.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Paraguay peaked at 13.4% in 2002 and was at its lowest, -5.2%, in 2000.
That places Paraguay 63rd out of 228 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.2% | — |
| 2001 | 0.3% | -105.8% |
| 2002 | 13.4% | +4366.7% |
| 2003 | 3.0% | -77.6% |
| 2004 | 2.9% | -3.3% |
| 2005 | 1.0% | -65.5% |
| 2006 | 3.7% | +270.0% |
| 2007 | 4.4% | +18.9% |
| 2008 | 5.5% | +25.0% |
| 2009 | -1.3% | -123.6% |
| 2010 | 9.8% | -853.8% |
| 2011 | 2.9% | -70.4% |
| 2012 | -2.1% | -172.4% |
| 2013 | 6.7% | -419.0% |
| 2014 | 3.8% | -43.3% |
| 2015 | 1.5% | -60.5% |
| 2016 | 2.8% | +86.7% |
| 2017 | 3.3% | +17.9% |
| 2018 | 1.8% | -45.5% |
| 2019 | -1.7% | -194.4% |
| 2020 | -2.2% | +29.4% |
| 2021 | 2.7% | -222.7% |
| 2022 | -1.2% | -144.4% |
| 2023 | 4.0% | -433.3% |
| 2024 | 3.4% | -15.0% |
Paraguay compared with similar countries
- Paraguay's 3.4% is above the median for upper middle income countries, which is 2.9%, 1.2× the median. (55 countries reporting)
- Paraguay's 3.4% is above the median for Latin America & Caribbean, which is 2.2%, 1.6× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2002 | +4366.7% | 0.3% | 13.4% |
| 2010 | +853.8% | -1.3% | 9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | -5.2% | 13.4% | 10 |
| 2010s | 2.9% | -2.1% | 9.8% | 10 |
| 2020s | 1.3% | -2.2% | 4.0% | 5 |
Countries ranked near Paraguay
- 60 Mongolia 3.5% compare
- 60 North Macedonia 3.5% compare
- 60 Poland 3.5% compare
- 63 Brunei Darussalam 3.4% compare
- 63 Côte d'Ivoire 3.4% compare
- 63 Democratic People's Republic of Korea 3.4% compare
- 63 Brunei 3.4% compare
- 63 Cote d'Ivoire 3.4% compare
More economy & growth data for Paraguay
- Real gdp growth, annual growth rate -11.67 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 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)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Paraguay?
- Annual growth rate of real gdp per capita in Paraguay was 3.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Paraguay?
- The highest recorded value was 13.4% in 2002.
- What is the lowest annual growth rate of real gdp per capita recorded in Paraguay?
- The lowest recorded value was -5.2% in 2000.
- How does Paraguay rank for annual growth rate of real gdp per capita?
- Paraguay ranks 63rd out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Paraguay?
- Over the last ten years it is down 10.5%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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