GDP per capita in Paraguay
Paraguay: GDP per capita was 15,007 international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
15,007 international-$ in 2021 prices
Change on year
up 2.5%
World rank
102nd
of 184 countries
All-time high
15,211 international-$ in 2021 prices
in 2017
All-time low
2,410 international-$ in 2021 prices
in 1953
Years of data
73
1951–2023
GDP per capita in Paraguay, 1951–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gdp per capita in Paraguay is 15,007 international-$ in 2021 prices, measured in 2023.
Compared with earlier readings it is up 2.5% on the previous year and up 5.7% over ten years.
Over the whole period, gdp per capita in Paraguay peaked at 15,211 international-$ in 2021 prices in 2017 and was at its lowest, 2,410 international-$ in 2021 prices, in 1953.
That places Paraguay 102nd out of 184 countries with data for 2023, 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 per capita in Paraguay, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1951 | 2,768 international-$ in 2021 prices | — |
| 1952 | 2,609 international-$ in 2021 prices | -5.7% |
| 1953 | 2,410 international-$ in 2021 prices | -7.6% |
| 1954 | 2,572 international-$ in 2021 prices | +6.7% |
| 1955 | 2,725 international-$ in 2021 prices | +5.9% |
| 1956 | 2,729 international-$ in 2021 prices | +0.2% |
| 1957 | 2,634 international-$ in 2021 prices | -3.5% |
| 1958 | 2,738 international-$ in 2021 prices | +4.0% |
| 1959 | 2,710 international-$ in 2021 prices | -1.0% |
| 1960 | 2,700 international-$ in 2021 prices | -0.4% |
| 1961 | 2,801 international-$ in 2021 prices | +3.7% |
| 1962 | 2,739 international-$ in 2021 prices | -2.2% |
| 1963 | 2,811 international-$ in 2021 prices | +2.6% |
| 1964 | 2,833 international-$ in 2021 prices | +0.8% |
| 1965 | 2,931 international-$ in 2021 prices | +3.5% |
| 1966 | 2,865 international-$ in 2021 prices | -2.2% |
| 1967 | 3,012 international-$ in 2021 prices | +5.1% |
| 1968 | 3,026 international-$ in 2021 prices | +0.5% |
| 1969 | 3,104 international-$ in 2021 prices | +2.6% |
| 1970 | 3,264 international-$ in 2021 prices | +5.1% |
| 1971 | 3,375 international-$ in 2021 prices | +3.4% |
| 1972 | 3,516 international-$ in 2021 prices | +4.2% |
| 1973 | 3,610 international-$ in 2021 prices | +2.6% |
| 1974 | 3,736 international-$ in 2021 prices | +3.5% |
| 1975 | 3,817 international-$ in 2021 prices | +2.2% |
| 1976 | 3,998 international-$ in 2021 prices | +4.7% |
| 1977 | 4,374 international-$ in 2021 prices | +9.4% |
| 1978 | 4,705 international-$ in 2021 prices | +7.6% |
| 1979 | 4,890 international-$ in 2021 prices | +3.9% |
| 1980 | 5,352 international-$ in 2021 prices | +9.4% |
| 1981 | 5,786 international-$ in 2021 prices | +8.1% |
| 1982 | 5,634 international-$ in 2021 prices | -2.6% |
| 1983 | 5,422 international-$ in 2021 prices | -3.8% |
| 1984 | 5,396 international-$ in 2021 prices | -0.5% |
| 1985 | 5,421 international-$ in 2021 prices | +0.5% |
| 1986 | 5,177 international-$ in 2021 prices | -4.5% |
| 1987 | 5,301 international-$ in 2021 prices | +2.4% |
| 1988 | 5,526 international-$ in 2021 prices | +4.2% |
| 1989 | 5,633 international-$ in 2021 prices | +1.9% |
| 1990 | 6,052 international-$ in 2021 prices | +7.4% |
| 1991 | 6,064 international-$ in 2021 prices | +0.2% |
| 1992 | 6,097 international-$ in 2021 prices | +0.6% |
| 1993 | 6,256 international-$ in 2021 prices | +2.6% |
| 1994 | 6,455 international-$ in 2021 prices | +3.2% |
| 1995 | 6,611 international-$ in 2021 prices | +2.4% |
| 1996 | 6,593 international-$ in 2021 prices | -0.3% |
| 1997 | 6,635 international-$ in 2021 prices | +0.6% |
| 1998 | 6,742 international-$ in 2021 prices | +1.6% |
| 1999 | 6,322 international-$ in 2021 prices | -6.2% |
| 2000 | 6,009 international-$ in 2021 prices | -4.9% |
| 2001 | 6,243 international-$ in 2021 prices | +3.9% |
| 2002 | 8,024 international-$ in 2021 prices | +28.5% |
| 2003 | 8,337 international-$ in 2021 prices | +3.9% |
| 2004 | 8,651 international-$ in 2021 prices | +3.8% |
| 2005 | 8,782 international-$ in 2021 prices | +1.5% |
| 2006 | 9,277 international-$ in 2021 prices | +5.6% |
| 2007 | 9,795 international-$ in 2021 prices | +5.6% |
| 2008 | 10,435 international-$ in 2021 prices | +6.5% |
| 2009 | 11,112 international-$ in 2021 prices | +6.5% |
| 2010 | 12,715 international-$ in 2021 prices | +14.4% |
| 2011 | 13,941 international-$ in 2021 prices | +9.6% |
| 2012 | 13,709 international-$ in 2021 prices | -1.7% |
| 2013 | 14,198 international-$ in 2021 prices | +3.6% |
| 2014 | 14,624 international-$ in 2021 prices | +3.0% |
| 2015 | 14,360 international-$ in 2021 prices | -1.8% |
| 2016 | 14,814 international-$ in 2021 prices | +3.2% |
| 2017 | 15,211 international-$ in 2021 prices | +2.7% |
| 2018 | 14,834 international-$ in 2021 prices | -2.5% |
| 2019 | 15,148 international-$ in 2021 prices | +2.1% |
| 2020 | 14,779 international-$ in 2021 prices | -2.4% |
| 2021 | 14,848 international-$ in 2021 prices | +0.5% |
| 2022 | 14,639 international-$ in 2021 prices | -1.4% |
| 2023 | 15,007 international-$ in 2021 prices | +2.5% |
Paraguay compared with similar countries
- Paraguay's 15,007 international-$ in 2021 prices is below the median for upper middle income countries, which is 16,649 international-$ in 2021 prices, 90% of the median. (51 countries reporting)
- Paraguay's 15,007 international-$ in 2021 prices is below the median for Latin America & Caribbean, which is 17,495 international-$ in 2021 prices, 86% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP per capita 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +28.5% | 6,243 international-$ in 2021 prices | 8,024 international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 2,655 international-$ in 2021 prices | 2,410 international-$ in 2021 prices | 2,768 international-$ in 2021 prices | 9 |
| 1960s | 2,882 international-$ in 2021 prices | 2,700 international-$ in 2021 prices | 3,104 international-$ in 2021 prices | 10 |
| 1970s | 3,929 international-$ in 2021 prices | 3,264 international-$ in 2021 prices | 4,890 international-$ in 2021 prices | 10 |
| 1980s | 5,465 international-$ in 2021 prices | 5,177 international-$ in 2021 prices | 5,786 international-$ in 2021 prices | 10 |
| 1990s | 6,383 international-$ in 2021 prices | 6,052 international-$ in 2021 prices | 6,742 international-$ in 2021 prices | 10 |
| 2000s | 8,666 international-$ in 2021 prices | 6,009 international-$ in 2021 prices | 11,112 international-$ in 2021 prices | 10 |
| 2010s | 14,355 international-$ in 2021 prices | 12,715 international-$ in 2021 prices | 15,211 international-$ in 2021 prices | 10 |
| 2020s | 14,818 international-$ in 2021 prices | 14,639 international-$ in 2021 prices | 15,007 international-$ in 2021 prices | 4 |
Countries ranked near Paraguay
- 99 Albania 15,969 international-$ in 2021 prices compare
- 100 Grenada 15,265 international-$ in 2021 prices compare
- 101 Mongolia 15,172 international-$ in 2021 prices compare
- 103 Iran 14,809 international-$ in 2021 prices compare
- 104 Algeria 14,580 international-$ in 2021 prices compare
- 105 Bhutan 14,416 international-$ in 2021 prices 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita in Paraguay?
- Gdp per capita in Paraguay was 15,007 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Paraguay?
- The highest recorded value was 15,211 international-$ in 2021 prices in 2017.
- What is the lowest gdp per capita recorded in Paraguay?
- The lowest recorded value was 2,410 international-$ in 2021 prices in 1953.
- How does Paraguay rank for gdp per capita?
- Paraguay ranks 102nd out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Paraguay?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.