GDP in Paraguay
Paraguay: GDP was 49.29 billion constant 2015 US$ in 2025. ◆ Volatile
GDP in Paraguay, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gdp in Paraguay stood at 49.29 billion constant 2015 US$. That is the highest value across all 66 years on record.
That represents a change of up 6.6% on the previous year and up 36.1% over ten years.
Over the whole period, gdp in Paraguay peaked at 49.29 billion constant 2015 US$ in 2025 and was at its lowest, 2.84 billion constant 2015 US$, in 1960.
That places Paraguay 93rd out of 212 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Paraguay, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 2.84 billion constant 2015 US$ | — |
| 1961 | 3.04 billion constant 2015 US$ | +6.9% |
| 1962 | 3.14 billion constant 2015 US$ | +3.3% |
| 1963 | 3.28 billion constant 2015 US$ | +4.7% |
| 1964 | 3.42 billion constant 2015 US$ | +4.2% |
| 1965 | 3.63 billion constant 2015 US$ | +6.2% |
| 1966 | 3.71 billion constant 2015 US$ | +2.0% |
| 1967 | 4.05 billion constant 2015 US$ | +9.2% |
| 1968 | 4.23 billion constant 2015 US$ | +4.5% |
| 1969 | 4.43 billion constant 2015 US$ | +4.7% |
| 1970 | 4.67 billion constant 2015 US$ | +5.6% |
| 1971 | 4.93 billion constant 2015 US$ | +5.5% |
| 1972 | 5.26 billion constant 2015 US$ | +6.6% |
| 1973 | 5.64 billion constant 2015 US$ | +7.3% |
| 1974 | 6.12 billion constant 2015 US$ | +8.4% |
| 1975 | 6.54 billion constant 2015 US$ | +6.9% |
| 1976 | 7.03 billion constant 2015 US$ | +7.5% |
| 1977 | 7.84 billion constant 2015 US$ | +11.5% |
| 1978 | 8.78 billion constant 2015 US$ | +12.0% |
| 1979 | 9.82 billion constant 2015 US$ | +11.9% |
| 1980 | 10.97 billion constant 2015 US$ | +11.7% |
| 1981 | 11.97 billion constant 2015 US$ | +9.2% |
| 1982 | 11.81 billion constant 2015 US$ | -1.4% |
| 1983 | 11.45 billion constant 2015 US$ | -3.0% |
| 1984 | 11.77 billion constant 2015 US$ | +2.8% |
| 1985 | 12.30 billion constant 2015 US$ | +4.5% |
| 1986 | 12.91 billion constant 2015 US$ | +5.0% |
| 1987 | 13.89 billion constant 2015 US$ | +7.6% |
| 1988 | 14.71 billion constant 2015 US$ | +5.9% |
| 1989 | 15.74 billion constant 2015 US$ | +6.9% |
| 1990 | 16.38 billion constant 2015 US$ | +4.1% |
| 1991 | 16.96 billion constant 2015 US$ | +3.5% |
| 1992 | 17.24 billion constant 2015 US$ | +1.7% |
| 1993 | 18.10 billion constant 2015 US$ | +4.9% |
| 1994 | 19.06 billion constant 2015 US$ | +5.3% |
| 1995 | 20.36 billion constant 2015 US$ | +6.8% |
| 1996 | 20.68 billion constant 2015 US$ | +1.6% |
| 1997 | 21.56 billion constant 2015 US$ | +4.2% |
| 1998 | 21.57 billion constant 2015 US$ | +0.1% |
| 1999 | 21.28 billion constant 2015 US$ | -1.4% |
| 2000 | 20.78 billion constant 2015 US$ | -2.3% |
| 2001 | 20.61 billion constant 2015 US$ | -0.8% |
| 2002 | 20.61 billion constant 2015 US$ | -0.0% |
| 2003 | 21.50 billion constant 2015 US$ | +4.3% |
| 2004 | 22.37 billion constant 2015 US$ | +4.1% |
| 2005 | 22.85 billion constant 2015 US$ | +2.1% |
| 2006 | 23.94 billion constant 2015 US$ | +4.8% |
| 2007 | 25.24 billion constant 2015 US$ | +5.4% |
| 2008 | 26.88 billion constant 2015 US$ | +6.5% |
| 2009 | 26.81 billion constant 2015 US$ | -0.3% |
| 2010 | 29.79 billion constant 2015 US$ | +11.1% |
| 2011 | 31.06 billion constant 2015 US$ | +4.3% |
| 2012 | 30.84 billion constant 2015 US$ | -0.7% |
| 2013 | 33.40 billion constant 2015 US$ | +8.3% |
| 2014 | 35.17 billion constant 2015 US$ | +5.3% |
| 2015 | 36.21 billion constant 2015 US$ | +3.0% |
| 2016 | 37.76 billion constant 2015 US$ | +4.3% |
| 2017 | 39.57 billion constant 2015 US$ | +4.8% |
| 2018 | 40.84 billion constant 2015 US$ | +3.2% |
| 2019 | 40.68 billion constant 2015 US$ | -0.4% |
| 2020 | 40.34 billion constant 2015 US$ | -0.8% |
| 2021 | 41.96 billion constant 2015 US$ | +4.0% |
| 2022 | 41.94 billion constant 2015 US$ | -0.0% |
| 2023 | 44.16 billion constant 2015 US$ | +5.3% |
| 2024 | 46.22 billion constant 2015 US$ | +4.7% |
| 2025 | 49.29 billion constant 2015 US$ | +6.6% |
Paraguay compared with similar countries
- Paraguay's 49.29 billion constant 2015 US$ is above the median for upper middle income countries, which is 49.29 billion constant 2015 US$, 1.0× the median. (59 countries reporting)
- Paraguay's 49.29 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 1.9× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.58 billion constant 2015 US$ | 2.84 billion constant 2015 US$ | 4.43 billion constant 2015 US$ | 10 |
| 1970s | 6.66 billion constant 2015 US$ | 4.67 billion constant 2015 US$ | 9.82 billion constant 2015 US$ | 10 |
| 1980s | 12.75 billion constant 2015 US$ | 10.97 billion constant 2015 US$ | 15.74 billion constant 2015 US$ | 10 |
| 1990s | 19.32 billion constant 2015 US$ | 16.38 billion constant 2015 US$ | 21.57 billion constant 2015 US$ | 10 |
| 2000s | 23.16 billion constant 2015 US$ | 20.61 billion constant 2015 US$ | 26.88 billion constant 2015 US$ | 10 |
| 2010s | 35.53 billion constant 2015 US$ | 29.79 billion constant 2015 US$ | 40.84 billion constant 2015 US$ | 10 |
| 2020s | 43.99 billion constant 2015 US$ | 40.34 billion constant 2015 US$ | 49.29 billion constant 2015 US$ | 6 |
Countries ranked near Paraguay
- 90 Jordan 52.76 billion constant 2015 US$ compare
- 91 Uganda 52.44 billion constant 2015 US$ compare
- 92 Tunisia 50.41 billion constant 2015 US$ compare
- 94 Macao 45.57 billion constant 2015 US$ compare
- 95 Cameroon 44.50 billion constant 2015 US$ compare
- 96 Venezuela 43.31 billion constant 2015 US$ 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is gdp in Paraguay?
- Gdp in Paraguay was 49.29 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Paraguay?
- The highest recorded value was 49.29 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Paraguay?
- The lowest recorded value was 2.84 billion constant 2015 US$ in 1960.
- How does Paraguay rank for gdp?
- Paraguay ranks 93rd out of 212 countries with data for 2025.
- Is gdp rising or falling in Paraguay?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.