External balance on goods and services as a percent of GDP in Paraguay
Paraguay: External balance on goods and services as a percent of GDP was -2.1% in 2025. ◆ Volatile
Latest (2025)
-2.1%
Change on year
down 27.3%
World rank
94th
of 191 countries
All-time high
20.8%
in 1989
All-time low
-7.6%
in 1982
Years of data
64
1962–2025
External balance on goods and services as a percent of GDP in Paraguay, 1962–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Paraguay recorded -2.1% for external balance on goods and services as a percent of gdp in 2025.
That represents a change of down 27.3% on the previous year and down 183.1% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Paraguay peaked at 20.8% in 1989 and was at its lowest, -7.6%, in 1982.
That places Paraguay 94th out of 191 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | -2.0% | — |
| 1963 | -1.4% | -30.9% |
| 1964 | -2.1% | +47.1% |
| 1965 | -0.8% | -61.8% |
| 1966 | -2.9% | +264.6% |
| 1967 | -3.4% | +17.7% |
| 1968 | -4.4% | +29.6% |
| 1969 | -4.6% | +4.7% |
| 1970 | -1.2% | -74.0% |
| 1971 | -2.6% | +113.3% |
| 1972 | -0.1% | -97.2% |
| 1973 | 0.7% | -1060.1% |
| 1974 | -1.7% | -338.0% |
| 1975 | -4.6% | +181.4% |
| 1976 | -3.4% | -27.3% |
| 1977 | -3.0% | -11.6% |
| 1978 | -3.7% | +23.7% |
| 1979 | -5.5% | +48.8% |
| 1980 | -6.2% | +12.9% |
| 1981 | -6.8% | +9.8% |
| 1982 | -7.6% | +11.8% |
| 1983 | -6.6% | -13.0% |
| 1984 | -4.4% | -34.0% |
| 1985 | -0.0% | -99.0% |
| 1986 | 1.4% | -3284.9% |
| 1987 | 0.3% | -81.7% |
| 1988 | 11.7% | +4346.8% |
| 1989 | 20.8% | +77.9% |
| 1990 | 13.1% | -36.8% |
| 1991 | 12.5% | -4.5% |
| 1992 | 10.2% | -18.9% |
| 1993 | 6.2% | -38.7% |
| 1994 | -1.4% | -123.1% |
| 1995 | 5.5% | -481.3% |
| 1996 | 2.4% | -55.4% |
| 1997 | 1.0% | -58.9% |
| 1998 | 7.7% | +663.3% |
| 1999 | 8.0% | +4.7% |
| 2000 | 8.0% | -0.2% |
| 2001 | 8.7% | +8.3% |
| 2002 | 15.5% | +78.7% |
| 2003 | 13.2% | -15.1% |
| 2004 | 11.3% | -14.4% |
| 2005 | 10.2% | -9.8% |
| 2006 | 7.9% | -22.7% |
| 2007 | 7.7% | -1.3% |
| 2008 | 4.1% | -47.1% |
| 2009 | 5.4% | +30.6% |
| 2010 | 3.0% | -43.5% |
| 2011 | 2.0% | -34.3% |
| 2012 | 1.2% | -38.3% |
| 2013 | 4.1% | +230.9% |
| 2014 | 1.8% | -54.5% |
| 2015 | 2.6% | +38.4% |
| 2016 | 6.5% | +155.5% |
| 2017 | 5.3% | -19.4% |
| 2018 | 1.6% | -68.9% |
| 2019 | 1.0% | -41.8% |
| 2020 | 3.8% | +297.0% |
| 2021 | 1.2% | -68.3% |
| 2022 | -5.1% | -523.4% |
| 2023 | 1.9% | -138.2% |
| 2024 | -1.7% | -186.1% |
| 2025 | -2.1% | +27.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.7% | -4.6% | -0.8% | 8 |
| 1970s | -2.5% | -5.5% | 0.7% | 10 |
| 1980s | 0.3% | -7.6% | 20.8% | 10 |
| 1990s | 6.5% | -1.4% | 13.1% | 10 |
| 2000s | 9.2% | 4.1% | 15.5% | 10 |
| 2010s | 2.9% | 1.0% | 6.5% | 10 |
| 2020s | -0.3% | -5.1% | 3.8% | 6 |
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)
- 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 external balance on goods and services as a percent of gdp in Paraguay?
- External balance on goods and services as a percent of gdp in Paraguay was -2.1% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Paraguay?
- The highest recorded value was 20.8% in 1989.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Paraguay?
- The lowest recorded value was -7.6% in 1982.
- How does Paraguay rank for external balance on goods and services as a percent of gdp?
- Paraguay ranks 94th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Paraguay?
- Over the last ten years it is down 183.1%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.