GDP in Paraguay
Paraguay: GDP was 49.28 billion current US$ in 2025. ◆ Volatile
Latest (2025)
49.28 billion current US$
Change on year
up 10.1%
World rank
99th
of 214 countries
All-time high
49.28 billion current US$
in 2025
All-time low
288.88 million current US$
in 1960
Years of data
66
1960–2025
GDP in Paraguay, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Paraguay recorded 49.28 billion current US$ for gdp in 2025. That is the highest value across all 66 years on record.
That represents a change of up 10.1% on the previous year and up 36.1% over ten years.
Over the whole period, gdp in Paraguay peaked at 49.28 billion current US$ in 2025 and was at its lowest, 288.88 million current US$, in 1960.
Paraguay ranks 99th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Paraguay, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 288.88 million current US$ | — |
| 1961 | 322.05 million current US$ | +11.5% |
| 1962 | 360.70 million current US$ | +12.0% |
| 1963 | 383.90 million current US$ | +6.4% |
| 1964 | 408.35 million current US$ | +6.4% |
| 1965 | 443.59 million current US$ | +8.6% |
| 1966 | 465.89 million current US$ | +5.0% |
| 1967 | 492.68 million current US$ | +5.7% |
| 1968 | 517.65 million current US$ | +5.1% |
| 1969 | 556.29 million current US$ | +7.5% |
| 1970 | 594.61 million current US$ | +6.9% |
| 1971 | 664.57 million current US$ | +11.8% |
| 1972 | 769.04 million current US$ | +15.7% |
| 1973 | 995.53 million current US$ | +29.5% |
| 1974 | 1.33 billion current US$ | +33.9% |
| 1975 | 1.51 billion current US$ | +13.3% |
| 1976 | 1.70 billion current US$ | +12.4% |
| 1977 | 2.09 billion current US$ | +23.1% |
| 1978 | 2.56 billion current US$ | +22.4% |
| 1979 | 3.42 billion current US$ | +33.5% |
| 1980 | 4.45 billion current US$ | +30.2% |
| 1981 | 5.62 billion current US$ | +26.4% |
| 1982 | 5.42 billion current US$ | -3.6% |
| 1983 | 5.67 billion current US$ | +4.7% |
| 1984 | 4.50 billion current US$ | -20.6% |
| 1985 | 3.28 billion current US$ | -27.1% |
| 1986 | 3.72 billion current US$ | +13.5% |
| 1987 | 3.97 billion current US$ | +6.6% |
| 1988 | 4.26 billion current US$ | +7.2% |
| 1989 | 4.76 billion current US$ | +11.8% |
| 1990 | 5.81 billion current US$ | +22.2% |
| 1991 | 6.98 billion current US$ | +20.2% |
| 1992 | 7.16 billion current US$ | +2.5% |
| 1993 | 7.25 billion current US$ | +1.3% |
| 1994 | 7.87 billion current US$ | +8.6% |
| 1995 | 9.06 billion current US$ | +15.1% |
| 1996 | 9.79 billion current US$ | +8.0% |
| 1997 | 9.97 billion current US$ | +1.8% |
| 1998 | 9.26 billion current US$ | -7.1% |
| 1999 | 8.84 billion current US$ | -4.6% |
| 2000 | 8.86 billion current US$ | +0.2% |
| 2001 | 8.50 billion current US$ | -4.1% |
| 2002 | 7.20 billion current US$ | -15.3% |
| 2003 | 7.69 billion current US$ | +6.9% |
| 2004 | 9.62 billion current US$ | +25.1% |
| 2005 | 10.74 billion current US$ | +11.6% |
| 2006 | 13.43 billion current US$ | +25.1% |
| 2007 | 17.86 billion current US$ | +33.0% |
| 2008 | 24.62 billion current US$ | +37.9% |
| 2009 | 22.36 billion current US$ | -9.2% |
| 2010 | 27.26 billion current US$ | +21.9% |
| 2011 | 33.76 billion current US$ | +23.8% |
| 2012 | 33.27 billion current US$ | -1.4% |
| 2013 | 38.50 billion current US$ | +15.7% |
| 2014 | 40.38 billion current US$ | +4.9% |
| 2015 | 36.21 billion current US$ | -10.3% |
| 2016 | 36.09 billion current US$ | -0.3% |
| 2017 | 39.00 billion current US$ | +8.1% |
| 2018 | 40.23 billion current US$ | +3.1% |
| 2019 | 37.93 billion current US$ | -5.7% |
| 2020 | 35.43 billion current US$ | -6.6% |
| 2021 | 39.94 billion current US$ | +12.7% |
| 2022 | 41.84 billion current US$ | +4.8% |
| 2023 | 43.14 billion current US$ | +3.1% |
| 2024 | 44.74 billion current US$ | +3.7% |
| 2025 | 49.28 billion current US$ | +10.1% |
Paraguay compared with similar countries
- Paraguay's 49.28 billion current US$ is above the median for upper middle income countries, which is 48.10 billion current US$, 1.0× the median. (59 countries reporting)
- Paraguay's 49.28 billion current US$ is above the median for Latin America & Caribbean, which is 29.59 billion current US$, 1.7× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 424.00 million current US$ | 288.88 million current US$ | 556.29 million current US$ | 10 |
| 1970s | 1.56 billion current US$ | 594.61 million current US$ | 3.42 billion current US$ | 10 |
| 1980s | 4.57 billion current US$ | 3.28 billion current US$ | 5.67 billion current US$ | 10 |
| 1990s | 8.20 billion current US$ | 5.81 billion current US$ | 9.97 billion current US$ | 10 |
| 2000s | 13.09 billion current US$ | 7.20 billion current US$ | 24.62 billion current US$ | 10 |
| 2010s | 36.26 billion current US$ | 27.26 billion current US$ | 40.38 billion current US$ | 10 |
| 2020s | 42.39 billion current US$ | 35.43 billion current US$ | 49.28 billion current US$ | 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is gdp in Paraguay?
- Gdp in Paraguay was 49.28 billion current US$ 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 49.28 billion current US$ in 2025.
- What is the lowest gdp recorded in Paraguay?
- The lowest recorded value was 288.88 million current US$ in 1960.
- How does Paraguay rank for gdp?
- Paraguay ranks 99th out of 214 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.