GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Paraguay

Paraguay: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.59 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.59 % change on previous year
Change on year
up 25.2%
World rank
144th
of 209 countries
All-time high
36.28 % change on previous year
in 1990
All-time low
1.6 % change on previous year
in 2015
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Paraguay, 1971–2024

010203040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Paraguay stood at 2.59 % change on previous year.

That represents a change of up 25.2% on the previous year and down 9.5% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Paraguay peaked at 36.28 % change on previous year in 1990 and was at its lowest, 1.6 % change on previous year, in 2015.

That places Paraguay 144th out of 209 countries with data for 2024, 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 Deflator — Value Standard Local Currency, 2015 prices, annual in Paraguay, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Paraguay, 1971 to 2024.
Year % change on previous year Change
1971 5.74 % change on previous year
1972 8.45 % change on previous year +47.3%
1973 20.42 % change on previous year +141.6%
1974 23.45 % change on previous year +14.9%
1975 5.73 % change on previous year -75.6%
1976 4.81 % change on previous year -16.1%
1977 11.01 % change on previous year +129.0%
1978 9.88 % change on previous year -10.2%
1979 19.86 % change on previous year +101.0%
1980 16.82 % change on previous year -15.3%
1981 16.31 % change on previous year -3.0%
1982 5.03 % change on previous year -69.1%
1983 14.43 % change on previous year +186.8%
1984 26.94 % change on previous year +86.7%
1985 25.24 % change on previous year -6.3%
1986 31.55 % change on previous year +25.0%
1987 30.34 % change on previous year -3.8%
1988 25.15 % change on previous year -17.1%
1989 31.24 % change on previous year +24.2%
1990 36.28 % change on previous year +16.1%
1991 24.82 % change on previous year -31.6%
1992 14.72 % change on previous year -40.7%
1993 19.07 % change on previous year +29.5%
1994 21.01 % change on previous year +10.2%
1995 13.58 % change on previous year -35.4%
1996 13.24 % change on previous year -2.5%
1997 4.21 % change on previous year -68.2%
1998 11.04 % change on previous year +162.3%
1999 7.12 % change on previous year -35.5%
2000 12.37 % change on previous year +73.8%
2001 4.84 % change on previous year -60.9%
2002 18.77 % change on previous year +287.9%
2003 12.21 % change on previous year -34.9%
2004 8.99 % change on previous year -26.4%
2005 10.08 % change on previous year +12.1%
2006 6.08 % change on previous year -39.6%
2007 9.77 % change on previous year +60.6%
2008 12.22 % change on previous year +25.2%
2009 3.65 % change on previous year -70.2%
2010 4.66 % change on previous year +27.6%
2011 5.1 % change on previous year +9.5%
2012 4.8 % change on previous year -5.8%
2013 4.34 % change on previous year -9.6%
2014 2.86 % change on previous year -34.1%
2015 1.6 % change on previous year -43.9%
2016 4.13 % change on previous year +157.8%
2017 2.16 % change on previous year -47.8%
2018 1.96 % change on previous year -9.2%
2019 3.06 % change on previous year +56.1%
2020 2.2 % change on previous year -28.0%
2021 8.45 % change on previous year +283.3%
2022 8.05 % change on previous year -4.7%
2023 2.07 % change on previous year -74.4%
2024 2.59 % change on previous year +25.2%

Paraguay compared with similar countries

  • Paraguay's 2.59 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year, 68% of the median. (51 countries reporting)
  • Paraguay's 2.59 % change on previous year is below the median for Latin America & Caribbean, which is 3.66 % change on previous year, 71% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +287.9% 4.84 % change on previous year 18.77 % change on previous year
2021 +283.3% 2.2 % change on previous year 8.45 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.15 % change on previous year 4.81 % change on previous year 23.45 % change on previous year 9
1980s 22.31 % change on previous year 5.03 % change on previous year 31.55 % change on previous year 10
1990s 16.51 % change on previous year 4.21 % change on previous year 36.28 % change on previous year 10
2000s 9.9 % change on previous year 3.65 % change on previous year 18.77 % change on previous year 10
2010s 3.47 % change on previous year 1.6 % change on previous year 5.1 % change on previous year 10
2020s 4.67 % change on previous year 2.07 % change on previous year 8.45 % change on previous year 5

Countries ranked near Paraguay

  1. 141 Albania 2.69 % change on previous year compare
  2. 142 Australia 2.63 % change on previous year compare
  3. 143 Nepal 2.61 % change on previous year compare
  4. 145 Latvia 2.58 % change on previous year compare
  5. 146 Côte d'Ivoire 2.55 % change on previous year compare
  6. 147 Cayman Islands 2.53 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Paraguay

All data for Paraguay →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Paraguay?
Gdp deflator — value standard local currency, 2015 prices, annual in Paraguay was 2.59 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Paraguay?
The highest recorded value was 36.28 % change on previous year in 1990.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Paraguay?
The lowest recorded value was 1.6 % change on previous year in 2015.
How does Paraguay rank for gdp deflator — value standard local currency, 2015 prices, annual?
Paraguay ranks 144th out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Paraguay?
Over the last ten years it is down 9.5%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/paraguay/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.