Gross domestic product (GDP), per capita in Paraguay
Paraguay: Gross domestic product (GDP), per capita was 15,007 international-$ in 2021 prices per person in 2023. ◆ Volatile
Latest (2023)
15,007 international-$ in 2021 prices per person
Change on year
up 2.5%
World rank
98th
of 181 countries
All-time high
15,211 international-$ in 2021 prices per person
in 2017
All-time low
2,639 international-$ in 2021 prices per person
in 1960
Years of data
64
1960–2023
Gross domestic product (GDP), per capita in Paraguay, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
In 2023, gross domestic product (gdp), per capita in Paraguay stood at 15,007 international-$ in 2021 prices per person.
That represents a change of up 2.5% on the previous year and up 5.7% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Paraguay peaked at 15,211 international-$ in 2021 prices per person in 2017 and was at its lowest, 2,639 international-$ in 2021 prices per person, in 1960.
That places Paraguay 98th out of 181 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.
Gross domestic product (GDP), per capita in Paraguay, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1960 | 2,639 international-$ in 2021 prices per person | — |
| 1961 | 2,745 international-$ in 2021 prices per person | +4.0% |
| 1962 | 2,690 international-$ in 2021 prices per person | -2.0% |
| 1963 | 2,764 international-$ in 2021 prices per person | +2.8% |
| 1964 | 2,787 international-$ in 2021 prices per person | +0.8% |
| 1965 | 2,886 international-$ in 2021 prices per person | +3.5% |
| 1966 | 2,827 international-$ in 2021 prices per person | -2.0% |
| 1967 | 2,979 international-$ in 2021 prices per person | +5.4% |
| 1968 | 3,003 international-$ in 2021 prices per person | +0.8% |
| 1969 | 3,092 international-$ in 2021 prices per person | +3.0% |
| 1970 | 3,264 international-$ in 2021 prices per person | +5.6% |
| 1971 | 3,375 international-$ in 2021 prices per person | +3.4% |
| 1972 | 3,516 international-$ in 2021 prices per person | +4.2% |
| 1973 | 3,610 international-$ in 2021 prices per person | +2.6% |
| 1974 | 3,736 international-$ in 2021 prices per person | +3.5% |
| 1975 | 3,817 international-$ in 2021 prices per person | +2.2% |
| 1976 | 3,998 international-$ in 2021 prices per person | +4.7% |
| 1977 | 4,374 international-$ in 2021 prices per person | +9.4% |
| 1978 | 4,705 international-$ in 2021 prices per person | +7.6% |
| 1979 | 4,890 international-$ in 2021 prices per person | +3.9% |
| 1980 | 5,352 international-$ in 2021 prices per person | +9.4% |
| 1981 | 5,786 international-$ in 2021 prices per person | +8.1% |
| 1982 | 5,634 international-$ in 2021 prices per person | -2.6% |
| 1983 | 5,422 international-$ in 2021 prices per person | -3.8% |
| 1984 | 5,396 international-$ in 2021 prices per person | -0.5% |
| 1985 | 5,421 international-$ in 2021 prices per person | +0.5% |
| 1986 | 5,177 international-$ in 2021 prices per person | -4.5% |
| 1987 | 5,301 international-$ in 2021 prices per person | +2.4% |
| 1988 | 5,526 international-$ in 2021 prices per person | +4.2% |
| 1989 | 5,633 international-$ in 2021 prices per person | +2.0% |
| 1990 | 6,052 international-$ in 2021 prices per person | +7.4% |
| 1991 | 6,064 international-$ in 2021 prices per person | +0.2% |
| 1992 | 6,097 international-$ in 2021 prices per person | +0.6% |
| 1993 | 6,256 international-$ in 2021 prices per person | +2.6% |
| 1994 | 6,455 international-$ in 2021 prices per person | +3.2% |
| 1995 | 6,611 international-$ in 2021 prices per person | +2.4% |
| 1996 | 6,593 international-$ in 2021 prices per person | -0.3% |
| 1997 | 6,635 international-$ in 2021 prices per person | +0.6% |
| 1998 | 6,742 international-$ in 2021 prices per person | +1.6% |
| 1999 | 6,322 international-$ in 2021 prices per person | -6.2% |
| 2000 | 6,009 international-$ in 2021 prices per person | -4.9% |
| 2001 | 6,243 international-$ in 2021 prices per person | +3.9% |
| 2002 | 8,024 international-$ in 2021 prices per person | +28.5% |
| 2003 | 8,337 international-$ in 2021 prices per person | +3.9% |
| 2004 | 8,651 international-$ in 2021 prices per person | +3.8% |
| 2005 | 8,782 international-$ in 2021 prices per person | +1.5% |
| 2006 | 9,277 international-$ in 2021 prices per person | +5.6% |
| 2007 | 9,795 international-$ in 2021 prices per person | +5.6% |
| 2008 | 10,435 international-$ in 2021 prices per person | +6.5% |
| 2009 | 11,112 international-$ in 2021 prices per person | +6.5% |
| 2010 | 12,715 international-$ in 2021 prices per person | +14.4% |
| 2011 | 13,941 international-$ in 2021 prices per person | +9.6% |
| 2012 | 13,709 international-$ in 2021 prices per person | -1.7% |
| 2013 | 14,198 international-$ in 2021 prices per person | +3.6% |
| 2014 | 14,624 international-$ in 2021 prices per person | +3.0% |
| 2015 | 14,360 international-$ in 2021 prices per person | -1.8% |
| 2016 | 14,814 international-$ in 2021 prices per person | +3.2% |
| 2017 | 15,211 international-$ in 2021 prices per person | +2.7% |
| 2018 | 14,834 international-$ in 2021 prices per person | -2.5% |
| 2019 | 15,148 international-$ in 2021 prices per person | +2.1% |
| 2020 | 14,779 international-$ in 2021 prices per person | -2.4% |
| 2021 | 14,848 international-$ in 2021 prices per person | +0.5% |
| 2022 | 14,639 international-$ in 2021 prices per person | -1.4% |
| 2023 | 15,007 international-$ in 2021 prices per person | +2.5% |
Paraguay compared with similar countries
- Paraguay's 15,007 international-$ in 2021 prices per person is below the median for upper middle income countries, which is 17,495 international-$ in 2021 prices per person, 86% of the median. (51 countries reporting)
- Paraguay's 15,007 international-$ in 2021 prices per person is below the median for Latin America & Caribbean, which is 17,495 international-$ in 2021 prices per person, 86% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (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 per person | 8,024 international-$ in 2021 prices per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2,841 international-$ in 2021 prices per person | 2,639 international-$ in 2021 prices per person | 3,092 international-$ in 2021 prices per person | 10 |
| 1970s | 3,929 international-$ in 2021 prices per person | 3,264 international-$ in 2021 prices per person | 4,890 international-$ in 2021 prices per person | 10 |
| 1980s | 5,465 international-$ in 2021 prices per person | 5,177 international-$ in 2021 prices per person | 5,786 international-$ in 2021 prices per person | 10 |
| 1990s | 6,383 international-$ in 2021 prices per person | 6,052 international-$ in 2021 prices per person | 6,742 international-$ in 2021 prices per person | 10 |
| 2000s | 8,666 international-$ in 2021 prices per person | 6,009 international-$ in 2021 prices per person | 11,112 international-$ in 2021 prices per person | 10 |
| 2010s | 14,355 international-$ in 2021 prices per person | 12,715 international-$ in 2021 prices per person | 15,211 international-$ in 2021 prices per person | 10 |
| 2020s | 14,818 international-$ in 2021 prices per person | 14,639 international-$ in 2021 prices per person | 15,007 international-$ in 2021 prices per person | 4 |
Countries ranked near Paraguay
- 95 Saint Vincent and the Grenadines 16,246 international-$ in 2021 prices per person compare
- 96 Dominica 16,020 international-$ in 2021 prices per person compare
- 97 Grenada 15,265 international-$ in 2021 prices per person compare
- 99 Mongolia 14,958 international-$ in 2021 prices per person compare
- 100 Iran 14,809 international-$ in 2021 prices per person compare
- 101 Algeria 14,580 international-$ in 2021 prices per person 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), per capita in Paraguay?
- Gross domestic product (gdp), per capita in Paraguay was 15,007 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Paraguay?
- The highest recorded value was 15,211 international-$ in 2021 prices per person in 2017.
- What is the lowest gross domestic product (gdp), per capita recorded in Paraguay?
- The lowest recorded value was 2,639 international-$ in 2021 prices per person in 1960.
- How does Paraguay rank for gross domestic product (gdp), per capita?
- Paraguay ranks 98th out of 181 countries with data for 2023.
- Is gross domestic product (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 Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.