Gross domestic product (GDP) in Paraguay
Paraguay: Gross domestic product (GDP) was 49.29 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
49.29 billion constant 2015 US$
Change on year
up 6.6%
World rank
93rd
of 209 countries
All-time high
49.29 billion constant 2015 US$
in 2025
All-time low
2.84 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in Paraguay, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Paraguay recorded 49.29 billion constant 2015 US$ for gross domestic product (gdp) in 2025. 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, gross domestic product (gdp) in Paraguay peaked at 49.29 billion constant 2015 US$ in 2025 and was at its lowest, 2.84 billion constant 2015 US$, in 1960.
That places Paraguay 93rd out of 209 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Paraguay, year by year
| Year | constant 2015 US$ | 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 below the median for upper middle income countries, which is 51.02 billion constant 2015 US$, 97% of the median. (58 countries reporting)
- Paraguay's 49.29 billion constant 2015 US$ 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Paraguay?
- Gross domestic product (gdp) in Paraguay was 49.29 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Paraguay?
- The highest recorded value was 49.29 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Paraguay?
- The lowest recorded value was 2.84 billion constant 2015 US$ in 1960.
- How does Paraguay rank for gross domestic product (gdp)?
- Paraguay ranks 93rd out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.