Gross domestic product (GDP), annual growth rate (Bolt) in Paraguay
Paraguay: Gross domestic product (GDP), annual growth rate (Bolt) was 0.2 % change on previous year in 2022. ◆ Volatile
Latest (2022)
0.2 % change on previous year
Change on year
down 95.0%
World rank
149th
of 166 countries
All-time high
16.78 % change on previous year
in 1949
All-time low
-13.05 % change on previous year
in 1947
Years of data
83
1940–2022
Gross domestic product (GDP), annual growth rate in Paraguay, 1940–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Paraguay is 0.2 % change on previous year, measured in 2022.
That represents a change of down 95.0% on the previous year and up 128.3% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Paraguay peaked at 16.78 % change on previous year in 1949 and was at its lowest, -13.05 % change on previous year, in 1947.
Paraguay ranks 149th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate (Bolt) in Paraguay, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1940 | -5.36 % change on previous year | — |
| 1941 | 1.68 % change on previous year | -131.4% |
| 1942 | 5.84 % change on previous year | +247.3% |
| 1943 | 2.09 % change on previous year | -64.2% |
| 1944 | 2.16 % change on previous year | +3.3% |
| 1945 | -3.56 % change on previous year | -264.9% |
| 1946 | 9.78 % change on previous year | -374.5% |
| 1947 | -13.05 % change on previous year | -233.4% |
| 1948 | 1.16 % change on previous year | -108.9% |
| 1949 | 16.78 % change on previous year | +1352.4% |
| 1950 | -1.6 % change on previous year | -109.5% |
| 1951 | 1.91 % change on previous year | -219.4% |
| 1952 | -1.65 % change on previous year | -186.2% |
| 1953 | 2.81 % change on previous year | -270.2% |
| 1954 | 1.71 % change on previous year | -38.9% |
| 1955 | 4.66 % change on previous year | +171.6% |
| 1956 | 4.17 % change on previous year | -10.4% |
| 1957 | 4.58 % change on previous year | +9.7% |
| 1958 | 5.65 % change on previous year | +23.4% |
| 1959 | -0.2983 % change on previous year | -105.3% |
| 1960 | 0.8598 % change on previous year | -388.2% |
| 1961 | 4.78 % change on previous year | +455.8% |
| 1962 | 7 % change on previous year | +46.5% |
| 1963 | 2.8 % change on previous year | -60.0% |
| 1964 | 4.31 % change on previous year | +54.2% |
| 1965 | 5.74 % change on previous year | +33.0% |
| 1966 | 1.11 % change on previous year | -80.6% |
| 1967 | 6.33 % change on previous year | +469.1% |
| 1968 | 3.56 % change on previous year | -43.8% |
| 1969 | 3.86 % change on previous year | +8.3% |
| 1970 | 6.25 % change on previous year | +62.1% |
| 1971 | 5.68 % change on previous year | -9.1% |
| 1972 | 6.66 % change on previous year | +17.2% |
| 1973 | 7.56 % change on previous year | +13.5% |
| 1974 | 8.53 % change on previous year | +12.9% |
| 1975 | 7.3 % change on previous year | -14.4% |
| 1976 | 7.33 % change on previous year | +0.4% |
| 1977 | 11.13 % change on previous year | +51.7% |
| 1978 | 11.5 % change on previous year | +3.3% |
| 1979 | 11.52 % change on previous year | +0.2% |
| 1980 | 11.53 % change on previous year | +0.1% |
| 1981 | 8.84 % change on previous year | -23.4% |
| 1982 | -0.9007 % change on previous year | -110.2% |
| 1983 | -2.92 % change on previous year | +224.7% |
| 1984 | 3.12 % change on previous year | -206.7% |
| 1985 | 3.96 % change on previous year | +26.9% |
| 1986 | 0.0545 % change on previous year | -98.6% |
| 1987 | 4.34 % change on previous year | +7862.7% |
| 1988 | 6.34 % change on previous year | +46.0% |
| 1989 | 5.75 % change on previous year | -9.2% |
| 1990 | 3.07 % change on previous year | -46.7% |
| 1991 | 2.79 % change on previous year | -9.1% |
| 1992 | 2.12 % change on previous year | -24.2% |
| 1993 | 4.49 % change on previous year | +112.0% |
| 1994 | 3.44 % change on previous year | -23.2% |
| 1995 | 5.78 % change on previous year | +68.0% |
| 1996 | 0.7433 % change on previous year | -87.2% |
| 1997 | 3.29 % change on previous year | +342.1% |
| 1998 | 0.8691 % change on previous year | -73.6% |
| 1999 | -1.15 % change on previous year | -232.8% |
| 2000 | -3.03 % change on previous year | +162.1% |
| 2001 | 2.39 % change on previous year | -178.9% |
| 2002 | 15.4 % change on previous year | +545.6% |
| 2003 | 4.64 % change on previous year | -69.9% |
| 2004 | 4.39 % change on previous year | -5.4% |
| 2005 | 2.46 % change on previous year | -43.9% |
| 2006 | 5.13 % change on previous year | +108.1% |
| 2007 | 5.76 % change on previous year | +12.2% |
| 2008 | 6.71 % change on previous year | +16.6% |
| 2009 | -3.67 % change on previous year | -154.6% |
| 2010 | 13.46 % change on previous year | -467.2% |
| 2011 | 4.68 % change on previous year | -65.2% |
| 2012 | -0.7079 % change on previous year | -115.1% |
| 2013 | 8.29 % change on previous year | -1271.5% |
| 2014 | 5.3 % change on previous year | -36.1% |
| 2015 | 2.96 % change on previous year | -44.2% |
| 2016 | 4.27 % change on previous year | +44.3% |
| 2017 | 4.81 % change on previous year | +12.7% |
| 2018 | 3.2 % change on previous year | -33.4% |
| 2019 | -0.402 % change on previous year | -112.5% |
| 2020 | -0.8201 % change on previous year | +104.0% |
| 2021 | 4.02 % change on previous year | -589.8% |
| 2022 | 0.2 % change on previous year | -95.0% |
Paraguay compared with similar countries
- Paraguay's 0.2 % change on previous year is below the median for upper middle income countries, which is 3.25 % change on previous year, 6% of the median. (47 countries reporting)
- Paraguay's 0.2 % change on previous year is below the median for Latin America & Caribbean, which is 3.87 % change on previous year, 5% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate (Bolt) 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 |
|---|---|---|---|
| 1987 | +7862.7% | 0.0545 % change on previous year | 4.34 % change on previous year |
| 1949 | +1352.4% | 1.16 % change on previous year | 16.78 % change on previous year |
| 2013 | +1271.5% | -0.7079 % change on previous year | 8.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 1.75 % change on previous year | -13.05 % change on previous year | 16.78 % change on previous year | 10 |
| 1950s | 2.19 % change on previous year | -1.65 % change on previous year | 5.65 % change on previous year | 10 |
| 1960s | 4.04 % change on previous year | 0.8598 % change on previous year | 7 % change on previous year | 10 |
| 1970s | 8.35 % change on previous year | 5.68 % change on previous year | 11.52 % change on previous year | 10 |
| 1980s | 4.01 % change on previous year | -2.92 % change on previous year | 11.53 % change on previous year | 10 |
| 1990s | 2.54 % change on previous year | -1.15 % change on previous year | 5.78 % change on previous year | 10 |
| 2000s | 4.02 % change on previous year | -3.67 % change on previous year | 15.4 % change on previous year | 10 |
| 2010s | 4.59 % change on previous year | -0.7079 % change on previous year | 13.46 % change on previous year | 10 |
| 2020s | 1.13 % change on previous year | -0.8201 % change on previous year | 4.02 % change on previous year | 3 |
Countries ranked near Paraguay
- 146 Japan 1.03 % change on previous year compare
- 147 Malawi 0.8002 % change on previous year compare
- 148 Central African Republic 0.4724 % change on previous year compare
- 150 Sao Tome and Principe 0.0652 % change on previous year compare
- 151 Romania -0.0748 % change on previous year compare
- 152 North Korea -0.1519 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 157.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 48.35 units per person (2025)
- SDRs holdings, SDR, annual growth rate 144.76 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.005 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 35.31 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Paraguay?
- Gross domestic product (gdp), annual growth rate in Paraguay was 0.2 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Paraguay?
- The highest recorded value was 16.78 % change on previous year in 1949.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Paraguay?
- The lowest recorded value was -13.05 % change on previous year in 1947.
- How does Paraguay rank for gross domestic product (gdp), annual growth rate?
- Paraguay ranks 149th out of 166 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in Paraguay?
- Over the last ten years it is up 128.3%. 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 Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 83 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
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
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.