Gross National Income — Value Standard Local Currency, annual growth in Paraguay

Paraguay: Gross National Income — Value Standard Local Currency, annual growth was 6.88 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6.88 % change on previous year
Change on year
down 18.8%
World rank
143rd
of 231 countries
All-time high
42.01 % change on previous year
in 1989
All-time low
0.9869 % change on previous year
in 2020
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in Paraguay, 1971–2023

010203040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national income — value standard local currency, annual growth in Paraguay is 6.88 % change on previous year, measured in 2023.

The figure is down 18.8% on the previous year and down 47.6% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Paraguay peaked at 42.01 % change on previous year in 1989 and was at its lowest, 0.9869 % change on previous year, in 2020.

Paraguay ranks 143rd of 231 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 National Income — Value Standard Local Currency, annual growth in Paraguay, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Paraguay, 1971 to 2023.
Year % change on previous year Change
1971 12.31 % change on previous year
1972 15.64 % change on previous year +27.0%
1973 29.88 % change on previous year +91.0%
1974 34.61 % change on previous year +15.8%
1975 13.8 % change on previous year -60.1%
1976 12.74 % change on previous year -7.7%
1977 23.94 % change on previous year +87.9%
1978 22.86 % change on previous year -4.5%
1979 33.14 % change on previous year +45.0%
1980 31.01 % change on previous year -6.4%
1981 26.82 % change on previous year -13.5%
1982 3.88 % change on previous year -85.5%
1983 10.44 % change on previous year +168.9%
1984 29.75 % change on previous year +185.0%
1985 29.29 % change on previous year -1.5%
1986 31.27 % change on previous year +6.8%
1987 33.8 % change on previous year +8.1%
1988 36.49 % change on previous year +8.0%
1989 42.01 % change on previous year +15.1%
1990 40.78 % change on previous year -2.9%
1991 26.86 % change on previous year -34.1%
1992 15.45 % change on previous year -42.5%
1993 24.16 % change on previous year +56.4%
1994 24.96 % change on previous year +3.3%
1995 18.74 % change on previous year -24.9%
1996 20.03 % change on previous year +6.9%
1997 3.49 % change on previous year -82.6%
1998 11.94 % change on previous year +242.4%
1999 5.24 % change on previous year -56.1%
2000 3.59 % change on previous year -31.5%
2001 9.08 % change on previous year +153.1%
2002 40.53 % change on previous year +346.5%
2003 9.73 % change on previous year -76.0%
2004 15.54 % change on previous year +59.7%
2005 12.91 % change on previous year -16.9%
2006 15.73 % change on previous year +21.8%
2007 22.44 % change on previous year +42.7%
2008 17.46 % change on previous year -22.2%
2009 2.92 % change on previous year -83.3%
2010 16.24 % change on previous year +455.7%
2011 10.73 % change on previous year -33.9%
2012 3.98 % change on previous year -62.9%
2013 13.13 % change on previous year +229.9%
2014 8.65 % change on previous year -34.1%
2015 4.6 % change on previous year -46.8%
2016 8.9 % change on previous year +93.5%
2017 7.28 % change on previous year -18.2%
2018 5.23 % change on previous year -28.1%
2019 3.11 % change on previous year -40.5%
2020 0.9869 % change on previous year -68.3%
2021 12.7 % change on previous year +1186.8%
2022 8.47 % change on previous year -33.3%
2023 6.88 % change on previous year -18.8%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth 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.

YearChange FromTo
2021 +1186.8% 0.9869 % change on previous year 12.7 % change on previous year
2010 +455.7% 2.92 % change on previous year 16.24 % change on previous year
2002 +346.5% 9.08 % change on previous year 40.53 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 22.1 % change on previous year 12.31 % change on previous year 34.61 % change on previous year 9
1980s 27.48 % change on previous year 3.88 % change on previous year 42.01 % change on previous year 10
1990s 19.16 % change on previous year 3.49 % change on previous year 40.78 % change on previous year 10
2000s 15 % change on previous year 2.92 % change on previous year 40.53 % change on previous year 10
2010s 8.19 % change on previous year 3.11 % change on previous year 16.24 % change on previous year 10
2020s 7.26 % change on previous year 0.9869 % change on previous year 12.7 % change on previous year 4

Countries ranked near Paraguay

  1. 141 Myanmar 7.03 % change on previous year compare
  2. 142 French Polynesia 7 % change on previous year compare
  3. 144 Indonesia 6.85 % change on previous year compare
  4. 145 Sint Maarten (Dutch part) 6.84 % change on previous year compare
  5. 146 Curacao 6.71 % change on previous year compare
  6. 146 Curaçao 6.71 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Paraguay

All data for Paraguay →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Paraguay?
Gross national income — value standard local currency, annual growth in Paraguay was 6.88 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Paraguay?
The highest recorded value was 42.01 % change on previous year in 1989.
What is the lowest gross national income — value standard local currency, annual growth recorded in Paraguay?
The lowest recorded value was 0.9869 % change on previous year in 2020.
How does Paraguay rank for gross national income — value standard local currency, annual growth?
Paraguay ranks 143rd out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Paraguay?
Over the last ten years it is down 47.6%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/paraguay/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.