Gross domestic product (GDP), Current prices, Domestic currency in Paraguay
Paraguay: Gross domestic product (GDP), Current prices, Domestic currency was 2.68 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Paraguay, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Paraguay recorded 2.68 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019. That is the lowest value across all 59 years on record.
The figure is down 52.3% on the previous year and down 22.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Paraguay peaked at 40.49 % change on previous year in 1990 and was at its lowest, 2.68 % change on previous year, in 2019.
That places Paraguay 154th out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Paraguay, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 14.74 % change on previous year | — |
| 1962 | 9.66 % change on previous year | -34.5% |
| 1963 | 5.78 % change on previous year | -40.2% |
| 1964 | 6.45 % change on previous year | +11.6% |
| 1965 | 11.49 % change on previous year | +78.2% |
| 1966 | 4.44 % change on previous year | -61.4% |
| 1967 | 5.42 % change on previous year | +22.1% |
| 1968 | 4.73 % change on previous year | -12.6% |
| 1969 | 8.34 % change on previous year | +76.1% |
| 1970 | 8.47 % change on previous year | +1.6% |
| 1971 | 11.77 % change on previous year | +38.8% |
| 1972 | 15.72 % change on previous year | +33.6% |
| 1973 | 29.45 % change on previous year | +87.4% |
| 1974 | 33.95 % change on previous year | +15.3% |
| 1975 | 13.34 % change on previous year | -60.7% |
| 1976 | 12.41 % change on previous year | -7.0% |
| 1977 | 23.14 % change on previous year | +86.5% |
| 1978 | 22.35 % change on previous year | -3.4% |
| 1979 | 33.48 % change on previous year | +49.7% |
| 1980 | 30.18 % change on previous year | -9.8% |
| 1981 | 26.45 % change on previous year | -12.4% |
| 1982 | 4 % change on previous year | -84.9% |
| 1983 | 11 % change on previous year | +175.0% |
| 1984 | 30.84 % change on previous year | +180.4% |
| 1985 | 30.22 % change on previous year | -2.0% |
| 1986 | 31.56 % change on previous year | +4.4% |
| 1987 | 35.98 % change on previous year | +14.0% |
| 1988 | 33.11 % change on previous year | -8.0% |
| 1989 | 38.84 % change on previous year | +17.3% |
| 1990 | 40.49 % change on previous year | +4.2% |
| 1991 | 27.9 % change on previous year | -31.1% |
| 1992 | 16.79 % change on previous year | -39.8% |
| 1993 | 24 % change on previous year | +43.0% |
| 1994 | 24.75 % change on previous year | +3.1% |
| 1995 | 19.76 % change on previous year | -20.2% |
| 1996 | 13.71 % change on previous year | -30.6% |
| 1997 | 7.32 % change on previous year | -46.6% |
| 1998 | 11.7 % change on previous year | +59.8% |
| 1999 | 5.51 % change on previous year | -52.9% |
| 2000 | 8.63 % change on previous year | +56.5% |
| 2001 | 6.99 % change on previous year | -19.0% |
| 2002 | 36.62 % change on previous year | +424.0% |
| 2003 | 17.06 % change on previous year | -53.4% |
| 2004 | 13.41 % change on previous year | -21.4% |
| 2005 | 12.42 % change on previous year | -7.3% |
| 2006 | 11.18 % change on previous year | -10.0% |
| 2007 | 15.72 % change on previous year | +40.6% |
| 2008 | 19.33 % change on previous year | +23.0% |
| 2009 | 3.47 % change on previous year | -82.0% |
| 2010 | 16.25 % change on previous year | +367.6% |
| 2011 | 9.56 % change on previous year | -41.2% |
| 2012 | 4.22 % change on previous year | -55.9% |
| 2013 | 13.2 % change on previous year | +213.0% |
| 2014 | 7.8 % change on previous year | -40.9% |
| 2015 | 4.73 % change on previous year | -39.3% |
| 2016 | 8.61 % change on previous year | +82.0% |
| 2017 | 7.21 % change on previous year | -16.3% |
| 2018 | 5.61 % change on previous year | -22.2% |
| 2019 | 2.68 % change on previous year | -52.3% |
Paraguay compared with similar countries
- Paraguay's 2.68 % change on previous year is below the median for upper middle income countries, which is 5.34 % change on previous year, 50% of the median. (57 countries reporting)
- Paraguay's 2.68 % change on previous year is below the median for Latin America & Caribbean, which is 3.8 % change on previous year, 71% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 | +424.0% | 6.99 % change on previous year | 36.62 % change on previous year |
| 2010 | +367.6% | 3.47 % change on previous year | 16.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.89 % change on previous year | 4.44 % change on previous year | 14.74 % change on previous year | 9 |
| 1970s | 20.41 % change on previous year | 8.47 % change on previous year | 33.95 % change on previous year | 10 |
| 1980s | 27.22 % change on previous year | 4 % change on previous year | 38.84 % change on previous year | 10 |
| 1990s | 19.19 % change on previous year | 5.51 % change on previous year | 40.49 % change on previous year | 10 |
| 2000s | 14.48 % change on previous year | 3.47 % change on previous year | 36.62 % change on previous year | 10 |
| 2010s | 7.99 % change on previous year | 2.68 % change on previous year | 16.25 % change on previous year | 10 |
Countries ranked near Paraguay
- 151 Germany 2.8 % change on previous year compare
- 152 Saint Lucia 2.74 % change on previous year compare
- 153 France 2.73 % change on previous year compare
- 155 Albania 2.6 % change on previous year compare
- 156 Solomon Islands 2.51 % change on previous year compare
- 157 Bahrain 2.45 % 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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0031 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 22.04 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.008 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 56.28 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Paraguay?
- Gross domestic product (gdp), current prices, domestic currency in Paraguay was 2.68 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Paraguay?
- The highest recorded value was 40.49 % change on previous year in 1990.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Paraguay?
- The lowest recorded value was 2.68 % change on previous year in 2019.
- How does Paraguay rank for gross domestic product (gdp), current prices, domestic currency?
- Paraguay ranks 154th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Paraguay?
- Over the last ten years it is down 22.9%. 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), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 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), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
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), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.