Divergence of GDP per capita among latecomers to the capitalist revolution in Paraguay
Paraguay: Divergence of GDP per capita among latecomers to the capitalist revolution was 9,339 2011$ in 2018. ▲ Rising
Latest (2018)
9,339 2011$
Change on year
up 2.5%
World rank
91st
of 145 countries
All-time high
9,339 2011$
in 2018
All-time low
2,255 2011$
in 1954
Years of data
80
1939–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Paraguay, 1939–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Paraguay is 9,339 2011$, measured in 2018. That is the highest value across all 80 years on record.
The figure is up 2.5% on the previous year and up 39.1% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Paraguay peaked at 9,339 2011$ in 2018 and was at its lowest, 2,255 2011$, in 1954.
Paraguay ranks 91st of 145 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 80 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Paraguay, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1939 | 2,858 2011$ | — |
| 1940 | 2,644 2011$ | -7.5% |
| 1941 | 2,627 2011$ | -0.6% |
| 1942 | 2,716 2011$ | +3.4% |
| 1943 | 2,710 2011$ | -0.2% |
| 1944 | 2,705 2011$ | -0.2% |
| 1945 | 2,550 2011$ | -5.7% |
| 1946 | 2,738 2011$ | +7.4% |
| 1947 | 2,326 2011$ | -15.0% |
| 1948 | 2,300 2011$ | -1.1% |
| 1949 | 2,625 2011$ | +14.1% |
| 1950 | 2,391 2011$ | -8.9% |
| 1951 | 2,373 2011$ | -0.8% |
| 1952 | 2,273 2011$ | -4.2% |
| 1953 | 2,276 2011$ | +0.1% |
| 1954 | 2,255 2011$ | -0.9% |
| 1955 | 2,299 2011$ | +2.0% |
| 1956 | 2,335 2011$ | +1.6% |
| 1957 | 2,381 2011$ | +2.0% |
| 1958 | 2,453 2011$ | +3.0% |
| 1959 | 2,385 2011$ | -2.8% |
| 1960 | 2,346 2011$ | -1.6% |
| 1961 | 2,396 2011$ | +2.1% |
| 1962 | 2,499 2011$ | +4.3% |
| 1963 | 2,504 2011$ | +0.2% |
| 1964 | 2,546 2011$ | +1.7% |
| 1965 | 2,624 2011$ | +3.1% |
| 1966 | 2,584 2011$ | -1.5% |
| 1967 | 2,676 2011$ | +3.6% |
| 1968 | 2,699 2011$ | +0.9% |
| 1969 | 2,730 2011$ | +1.1% |
| 1970 | 2,825 2011$ | +3.5% |
| 1971 | 2,906 2011$ | +2.9% |
| 1972 | 3,017 2011$ | +3.8% |
| 1973 | 3,150 2011$ | +4.4% |
| 1974 | 3,319 2011$ | +5.4% |
| 1975 | 3,464 2011$ | +4.4% |
| 1976 | 3,629 2011$ | +4.8% |
| 1977 | 3,945 2011$ | +8.7% |
| 1978 | 4,302 2011$ | +9.0% |
| 1979 | 4,693 2011$ | +9.1% |
| 1980 | 5,113 2011$ | +8.9% |
| 1981 | 5,424 2011$ | +6.1% |
| 1982 | 5,230 2011$ | -3.6% |
| 1983 | 4,935 2011$ | -5.6% |
| 1984 | 4,945 2011$ | +0.2% |
| 1985 | 4,994 2011$ | +1.0% |
| 1986 | 4,854 2011$ | -2.8% |
| 1987 | 4,919 2011$ | +1.3% |
| 1988 | 5,082 2011$ | +3.3% |
| 1989 | 5,222 2011$ | +2.8% |
| 1990 | 5,230 2011$ | +0.2% |
| 1991 | 5,224 2011$ | -0.1% |
| 1992 | 5,187 2011$ | -0.7% |
| 1993 | 5,271 2011$ | +1.6% |
| 1994 | 5,306 2011$ | +0.7% |
| 1995 | 5,464 2011$ | +3.0% |
| 1996 | 5,361 2011$ | -1.9% |
| 1997 | 5,399 2011$ | +0.7% |
| 1998 | 5,322 2011$ | -1.4% |
| 1999 | 5,150 2011$ | -3.2% |
| 2000 | 4,896 2011$ | -4.9% |
| 2001 | 4,918 2011$ | +0.4% |
| 2002 | 5,571 2011$ | +13.3% |
| 2003 | 5,727 2011$ | +2.8% |
| 2004 | 5,877 2011$ | +2.6% |
| 2005 | 5,923 2011$ | +0.8% |
| 2006 | 6,129 2011$ | +3.5% |
| 2007 | 6,383 2011$ | +4.2% |
| 2008 | 6,713 2011$ | +5.2% |
| 2009 | 6,377 2011$ | -5.0% |
| 2010 | 7,139 2011$ | +12.0% |
| 2011 | 7,377 2011$ | +3.3% |
| 2012 | 7,193 2011$ | -2.5% |
| 2013 | 8,102 2011$ | +12.6% |
| 2014 | 8,382 2011$ | +3.5% |
| 2015 | 8,539 2011$ | +1.9% |
| 2016 | 8,786 2011$ | +2.9% |
| 2017 | 9,114 2011$ | +3.7% |
| 2018 | 9,339 2011$ | +2.5% |
Paraguay compared with similar countries
- Paraguay's 9,339 2011$ is below the median for upper middle income countries, which is 13,242 2011$, 71% of the median. (42 countries reporting)
- Paraguay's 9,339 2011$ is below the median for Latin America & Caribbean, which is 12,153 2011$, 77% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1930s | 2,858 2011$ | 2,858 2011$ | 2,858 2011$ | 1 |
| 1940s | 2,594 2011$ | 2,300 2011$ | 2,738 2011$ | 10 |
| 1950s | 2,342 2011$ | 2,255 2011$ | 2,453 2011$ | 10 |
| 1960s | 2,560 2011$ | 2,346 2011$ | 2,730 2011$ | 10 |
| 1970s | 3,525 2011$ | 2,825 2011$ | 4,693 2011$ | 10 |
| 1980s | 5,072 2011$ | 4,854 2011$ | 5,424 2011$ | 10 |
| 1990s | 5,291 2011$ | 5,150 2011$ | 5,464 2011$ | 10 |
| 2000s | 5,851 2011$ | 4,896 2011$ | 6,713 2011$ | 10 |
| 2010s | 8,219 2011$ | 7,139 2011$ | 9,339 2011$ | 9 |
Countries ranked near Paraguay
- 88 Saint Lucia 10,475 2011$ compare
- 89 Bosnia and Herzegovina 10,460 2011$ compare
- 90 Ukraine 9,813 2011$ compare
- 92 Namibia 9,043 2011$ compare
- 93 Dominica 9,021 2011$ compare
- 94 El Salvador 8,598 2011$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 235.57 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0048 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 33.59 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.18 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 7.56 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.024 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 168.31 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Paraguay?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Paraguay was 9,339 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Paraguay?
- The highest recorded value was 9,339 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Paraguay?
- The lowest recorded value was 2,255 2011$ in 1954.
- How does Paraguay rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Paraguay ranks 91st out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Paraguay?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]