Central government revenues as a share of GDP in Paraguay
Paraguay: Central government revenues as a share of GDP was 18.7% in 2024. ▲ Rising
Central government revenues as a share of GDP in Paraguay, 2005–2024
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for central government revenues as a share of gdp in Paraguay is 18.7%, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 6.3% on the previous year and up 11.7% over ten years.
Over the whole period, central government revenues as a share of gdp in Paraguay peaked at 18.7% in 2024 and was at its lowest, 13.8%, in 2008.
That places Paraguay 112th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Central government revenues as a share of GDP in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 14.5% | — |
| 2006 | 14.7% | +1.6% |
| 2007 | 13.9% | -5.5% |
| 2008 | 13.8% | -0.6% |
| 2009 | 14.6% | +5.4% |
| 2010 | 14.7% | +0.5% |
| 2011 | 15.6% | +6.1% |
| 2012 | 16.7% | +7.3% |
| 2013 | 15.8% | -5.5% |
| 2014 | 16.7% | +5.9% |
| 2015 | 17.4% | +3.8% |
| 2016 | 16.9% | -2.8% |
| 2017 | 17.4% | +3.4% |
| 2018 | 17.3% | -0.6% |
| 2019 | 17.5% | +1.2% |
| 2020 | 16.7% | -4.6% |
| 2021 | 16.9% | +1.0% |
| 2022 | 17.4% | +3.3% |
| 2023 | 17.6% | +0.7% |
| 2024 | 18.7% | +6.3% |
Paraguay compared with similar countries
- Paraguay's 18.7% is below the median for upper middle income countries, which is 25.7%, 73% of the median. (48 countries reporting)
- Paraguay's 18.7% is below the median for Latin America & Caribbean, which is 23.3%, 80% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.3% | 13.8% | 14.7% | 5 |
| 2010s | 16.6% | 14.7% | 17.5% | 10 |
| 2020s | 17.5% | 16.7% | 18.7% | 5 |
Countries ranked near Paraguay
- 109 Uzbekistan 19.4% compare
- 110 Tajikistan 18.7% compare
- 111 Rwanda 18.7% compare
- 113 Kenya 18.6% compare
- 114 Angola 18.2% compare
- 115 United States of America 17.8% 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 central government revenues as a share of gdp in Paraguay?
- Central government revenues as a share of gdp in Paraguay was 18.7% in 2024, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Paraguay?
- The highest recorded value was 18.7% in 2024.
- What is the lowest central government revenues as a share of gdp recorded in Paraguay?
- The lowest recorded value was 13.8% in 2008.
- How does Paraguay rank for central government revenues as a share of gdp?
- Paraguay ranks 112th out of 157 countries with data for 2024.
- Is central government revenues as a share of gdp rising or falling in Paraguay?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.