Gross domestic product (GDP) in Paraguay
Paraguay: Gross domestic product (GDP) was 65.13 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) in Paraguay, 1939–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Paraguay is 65.13 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 84 years on record.
That represents a change of up 0.2% on the previous year and up 36.3% over ten years.
Over the whole period, gross domestic product (gdp) in Paraguay peaked at 65.13 billion international-$ in 2011 prices in 2022 and was at its lowest, 2.94 billion international-$ in 2011 prices, in 1940.
Paraguay ranks 100th of 165 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1930s | 3.10 billion international-$ in 2011 prices | 3.10 billion international-$ in 2011 prices | 3.10 billion international-$ in 2011 prices | 1 |
| 1940s | 3.20 billion international-$ in 2011 prices | 2.94 billion international-$ in 2011 prices | 3.59 billion international-$ in 2011 prices | 10 |
| 1950s | 3.90 billion international-$ in 2011 prices | 3.53 billion international-$ in 2011 prices | 4.45 billion international-$ in 2011 prices | 10 |
| 1960s | 5.52 billion international-$ in 2011 prices | 4.48 billion international-$ in 2011 prices | 6.59 billion international-$ in 2011 prices | 10 |
| 1970s | 10.00 billion international-$ in 2011 prices | 7.00 billion international-$ in 2011 prices | 14.65 billion international-$ in 2011 prices | 10 |
| 1980s | 18.42 billion international-$ in 2011 prices | 16.34 billion international-$ in 2011 prices | 21.54 billion international-$ in 2011 prices | 10 |
| 1990s | 25.46 billion international-$ in 2011 prices | 22.20 billion international-$ in 2011 prices | 27.96 billion international-$ in 2011 prices | 10 |
| 2000s | 34.83 billion international-$ in 2011 prices | 26.80 billion international-$ in 2011 prices | 42.05 billion international-$ in 2011 prices | 10 |
| 2010s | 55.02 billion international-$ in 2011 prices | 45.96 billion international-$ in 2011 prices | 63.26 billion international-$ in 2011 prices | 10 |
| 2020s | 64.20 billion international-$ in 2011 prices | 62.49 billion international-$ in 2011 prices | 65.13 billion international-$ in 2011 prices | 3 |
Countries ranked near Paraguay
- 97 Uruguay 69.07 billion international-$ in 2011 prices compare
- 98 Zambia 68.47 billion international-$ in 2011 prices compare
- 99 Cambodia 65.14 billion international-$ in 2011 prices compare
- 101 Yemen 60.85 billion international-$ in 2011 prices compare
- 102 El Salvador 59.27 billion international-$ in 2011 prices compare
- 103 Bahrain 58.77 billion international-$ in 2011 prices compare
More economy & growth data for Paraguay
- External balance on goods and services as a percent of GDP -2.1% (2025)
- Inflation of consumer prices 4.0% (2025)
- GDP per capita 7,029 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 19.4% (2025)
- Gross domestic product (GDP) 49.29 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 7,029 constant 2015 US$ (2025)
- DEC alternative conversion factor 7,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 10.99 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 29.61 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Paraguay?
- Gross domestic product (gdp) in Paraguay was 65.13 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Paraguay?
- The highest recorded value was 65.13 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Paraguay?
- The lowest recorded value was 2.94 billion international-$ in 2011 prices in 1940.
- How does Paraguay rank for gross domestic product (gdp)?
- Paraguay ranks 100th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Paraguay?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.