Gross domestic product (GDP), per unit of GDP in Paraguay
Paraguay: Gross domestic product (GDP), per unit of GDP was 2.38 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
2.38 international-$ in 2021 prices per US$ of GDP
Change on year
up 0.7%
World rank
69th
of 180 countries
All-time high
17.21 international-$ in 2021 prices per US$ of GDP
in 1960
All-time low
2.2 international-$ in 2021 prices per US$ of GDP
in 2014
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Paraguay, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Paraguay is 2.38 international-$ in 2021 prices per US$ of GDP, measured in 2023.
That represents a change of up 0.7% on the previous year and up 7.9% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Paraguay peaked at 17.21 international-$ in 2021 prices per US$ of GDP in 1960 and was at its lowest, 2.2 international-$ in 2021 prices per US$ of GDP, in 2014.
Paraguay ranks 69th of 180 countries on this measure, 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 unit of GDP in Paraguay, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 17.21 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 16.43 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1962 | 14.71 international-$ in 2021 prices per US$ of GDP | -10.4% |
| 1963 | 14.56 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 1964 | 14.15 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 1965 | 13.83 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 1966 | 13.21 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 1967 | 13.48 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 1968 | 13.24 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 1969 | 12.98 international-$ in 2021 prices per US$ of GDP | -2.0% |
| 1970 | 13.11 international-$ in 2021 prices per US$ of GDP | +1.0% |
| 1971 | 12.4 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1972 | 11.43 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 1973 | 9.29 international-$ in 2021 prices per US$ of GDP | -18.8% |
| 1974 | 7.36 international-$ in 2021 prices per US$ of GDP | -20.8% |
| 1975 | 6.8 international-$ in 2021 prices per US$ of GDP | -7.6% |
| 1976 | 6.49 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1977 | 5.91 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1978 | 5.33 international-$ in 2021 prices per US$ of GDP | -9.9% |
| 1979 | 4.26 international-$ in 2021 prices per US$ of GDP | -20.1% |
| 1980 | 3.67 international-$ in 2021 prices per US$ of GDP | -13.7% |
| 1981 | 3.23 international-$ in 2021 prices per US$ of GDP | -12.1% |
| 1982 | 3.35 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 1983 | 3.17 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 1984 | 4.09 international-$ in 2021 prices per US$ of GDP | +29.0% |
| 1985 | 5.8 international-$ in 2021 prices per US$ of GDP | +41.7% |
| 1986 | 5.02 international-$ in 2021 prices per US$ of GDP | -13.4% |
| 1987 | 4.96 international-$ in 2021 prices per US$ of GDP | -1.2% |
| 1988 | 4.96 international-$ in 2021 prices per US$ of GDP | +0.0% |
| 1989 | 4.65 international-$ in 2021 prices per US$ of GDP | -6.2% |
| 1990 | 4.2 international-$ in 2021 prices per US$ of GDP | -9.6% |
| 1991 | 3.6 international-$ in 2021 prices per US$ of GDP | -14.4% |
| 1992 | 3.62 international-$ in 2021 prices per US$ of GDP | +0.7% |
| 1993 | 3.76 international-$ in 2021 prices per US$ of GDP | +3.9% |
| 1994 | 3.67 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 1995 | 3.34 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 1996 | 3.16 international-$ in 2021 prices per US$ of GDP | -5.5% |
| 1997 | 3.19 international-$ in 2021 prices per US$ of GDP | +1.1% |
| 1998 | 3.57 international-$ in 2021 prices per US$ of GDP | +11.8% |
| 1999 | 3.58 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 2000 | 3.46 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 2001 | 3.81 international-$ in 2021 prices per US$ of GDP | +10.1% |
| 2002 | 5.87 international-$ in 2021 prices per US$ of GDP | +53.9% |
| 2003 | 5.77 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 2004 | 4.84 international-$ in 2021 prices per US$ of GDP | -16.1% |
| 2005 | 4.46 international-$ in 2021 prices per US$ of GDP | -8.0% |
| 2006 | 3.8 international-$ in 2021 prices per US$ of GDP | -14.7% |
| 2007 | 3.05 international-$ in 2021 prices per US$ of GDP | -19.8% |
| 2008 | 2.38 international-$ in 2021 prices per US$ of GDP | -22.0% |
| 2009 | 2.82 international-$ in 2021 prices per US$ of GDP | +18.5% |
| 2010 | 2.68 international-$ in 2021 prices per US$ of GDP | -5.1% |
| 2011 | 2.4 international-$ in 2021 prices per US$ of GDP | -10.3% |
| 2012 | 2.43 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 2013 | 2.21 international-$ in 2021 prices per US$ of GDP | -9.2% |
| 2014 | 2.2 international-$ in 2021 prices per US$ of GDP | -0.4% |
| 2015 | 2.44 international-$ in 2021 prices per US$ of GDP | +11.1% |
| 2016 | 2.57 international-$ in 2021 prices per US$ of GDP | +5.0% |
| 2017 | 2.47 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 2018 | 2.37 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2019 | 2.6 international-$ in 2021 prices per US$ of GDP | +9.8% |
| 2020 | 2.75 international-$ in 2021 prices per US$ of GDP | +5.8% |
| 2021 | 2.49 international-$ in 2021 prices per US$ of GDP | -9.8% |
| 2022 | 2.37 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2023 | 2.38 international-$ in 2021 prices per US$ of GDP | +0.7% |
Paraguay compared with similar countries
- Paraguay's 2.38 international-$ in 2021 prices per US$ of GDP is above the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 1.0× the median. (51 countries reporting)
- Paraguay's 2.38 international-$ in 2021 prices per US$ of GDP is above the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 1.4× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 | +53.9% | 3.81 international-$ in 2021 prices per US$ of GDP | 5.87 international-$ in 2021 prices per US$ of GDP |
| 1985 | +41.7% | 4.09 international-$ in 2021 prices per US$ of GDP | 5.8 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.38 international-$ in 2021 prices per US$ of GDP | 12.98 international-$ in 2021 prices per US$ of GDP | 17.21 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 8.24 international-$ in 2021 prices per US$ of GDP | 4.26 international-$ in 2021 prices per US$ of GDP | 13.11 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 4.29 international-$ in 2021 prices per US$ of GDP | 3.17 international-$ in 2021 prices per US$ of GDP | 5.8 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 3.57 international-$ in 2021 prices per US$ of GDP | 3.16 international-$ in 2021 prices per US$ of GDP | 4.2 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 4.03 international-$ in 2021 prices per US$ of GDP | 2.38 international-$ in 2021 prices per US$ of GDP | 5.87 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.44 international-$ in 2021 prices per US$ of GDP | 2.2 international-$ in 2021 prices per US$ of GDP | 2.68 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.5 international-$ in 2021 prices per US$ of GDP | 2.37 international-$ in 2021 prices per US$ of GDP | 2.75 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Paraguay
- 66 Senegal 2.42 international-$ in 2021 prices per US$ of GDP compare
- 67 Eswatini 2.39 international-$ in 2021 prices per US$ of GDP compare
- 68 Cambodia 2.38 international-$ in 2021 prices per US$ of GDP compare
- 70 Botswana 2.35 international-$ in 2021 prices per US$ of GDP compare
- 71 Fiji 2.35 international-$ in 2021 prices per US$ of GDP compare
- 72 Morocco 2.34 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Paraguay?
- Gross domestic product (gdp), per unit of gdp in Paraguay was 2.38 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Paraguay?
- The highest recorded value was 17.21 international-$ in 2021 prices per US$ of GDP in 1960.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Paraguay?
- The lowest recorded value was 2.2 international-$ in 2021 prices per US$ of GDP in 2014.
- How does Paraguay rank for gross domestic product (gdp), per unit of gdp?
- Paraguay ranks 69th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Paraguay?
- Over the last ten years it is up 7.9%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.