Current account balance as a proportion of GDP in Paraguay
Paraguay: Current account balance as a proportion of GDP was -3.4% in 2024. ◆ Volatile
Latest (2024)
-3.4%
Change on year
down 898.8%
World rank
133rd
of 204 countries
All-time high
8.6%
in 2002
All-time low
-7.0%
in 2022
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Paraguay, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Paraguay is -3.4%, measured in 2024.
The figure is down 898.8% on the previous year and down 336.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Paraguay peaked at 8.6% in 2002 and was at its lowest, -7.0%, in 2022.
Paraguay ranks 133rd of 204 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.
Current account balance as a proportion of GDP in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.8% | — |
| 2001 | -0.4% | -86.5% |
| 2002 | 8.6% | -2392.4% |
| 2003 | 0.2% | -97.4% |
| 2004 | -0.1% | -146.1% |
| 2005 | -0.6% | +516.8% |
| 2006 | 1.2% | -297.9% |
| 2007 | 4.4% | +250.5% |
| 2008 | 0.4% | -91.8% |
| 2009 | 1.7% | +384.2% |
| 2010 | -1.1% | -165.0% |
| 2011 | -0.7% | -40.1% |
| 2012 | -1.8% | +168.5% |
| 2013 | 0.9% | -147.8% |
| 2014 | -0.8% | -190.5% |
| 2015 | -0.2% | -73.4% |
| 2016 | 4.6% | -2299.0% |
| 2017 | 3.4% | -27.0% |
| 2018 | -0.2% | -106.7% |
| 2019 | -0.6% | +149.6% |
| 2020 | 1.9% | -440.9% |
| 2021 | -1.1% | -156.3% |
| 2022 | -7.0% | +552.6% |
| 2023 | -0.3% | -95.1% |
| 2024 | -3.4% | +898.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -2.8% | 8.6% | 10 |
| 2010s | 0.3% | -1.8% | 4.6% | 10 |
| 2020s | -2.0% | -7.0% | 1.9% | 5 |
Countries ranked near Paraguay
- 130 Brazil -3.0% compare
- 131 Dominican Republic -3.4% compare
- 132 Venezuela (Bolivarian Republic of) -3.4% compare
- 134 Bosnia and Herzegovina -3.5% compare
- 135 Democratic Republic of the Congo -3.8% compare
- 136 Philippines -4.0% compare
More economy & growth data for Paraguay
- 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)
- Exports of goods and services (current LCU), annual growth rate 8.37 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 2,805 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 19.71 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.74 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3578 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,514 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 14.92 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2174 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Paraguay?
- Current account balance as a proportion of gdp in Paraguay was -3.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Paraguay?
- The highest recorded value was 8.6% in 2002.
- What is the lowest current account balance as a proportion of gdp recorded in Paraguay?
- The lowest recorded value was -7.0% in 2022.
- How does Paraguay rank for current account balance as a proportion of gdp?
- Paraguay ranks 133rd out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Paraguay?
- Over the last ten years it is down 336.6%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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