Inflation, GDP deflator in Paraguay

Paraguay: Inflation, GDP deflator was 3.1% in 2025. ◆ Volatile

Latest (2025)
3.1%
Change on year
up 11.4%
World rank
115th
of 212 countries
All-time high
36.6%
in 1990
All-time low
-3.1%
in 1967
Years of data
65
1961–2025

Inflation, GDP deflator in Paraguay, 1961–2025

010203040196119932025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

The most recent figure for inflation, gdp deflator in Paraguay is 3.1%, measured in 2025.

Compared with earlier readings it is up 11.4% on the previous year and up 92.2% over ten years.

Over the whole period, inflation, gdp deflator in Paraguay peaked at 36.6% in 1990 and was at its lowest, -3.1%, in 1967.

That places Paraguay 115th out of 212 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator in Paraguay, year by year

Annual values for Inflation, GDP deflator (annual %) in Paraguay, 1961 to 2025.
Year annual % Change
1961 6.7%
1962 8.4% +26.0%
1963 1.6% -80.5%
1964 2.1% +25.6%
1965 2.3% +12.1%
1966 3.0% +28.4%
1967 -3.1% -204.7%
1968 0.5% -116.7%
1969 2.6% +408.7%
1970 1.3% -52.1%
1971 5.9% +366.7%
1972 8.5% +44.4%
1973 20.6% +142.2%
1974 23.6% +14.3%
1975 6.1% -74.2%
1976 4.5% -25.3%
1977 10.4% +130.1%
1978 9.2% -11.8%
1979 19.3% +109.6%
1980 16.5% -14.4%
1981 15.8% -4.3%
1982 5.5% -65.4%
1983 15.9% +190.6%
1984 28.8% +81.3%
1985 26.1% -9.4%
1986 26.9% +2.9%
1987 28.0% +4.0%
1988 27.2% -2.6%
1989 31.5% +15.5%
1990 36.6% +16.4%
1991 25.1% -31.4%
1992 14.1% -43.9%
1993 12.2% -13.2%
1994 12.6% +2.9%
1995 11.1% -11.9%
1996 11.4% +3.1%
1997 3.4% -70.1%
1998 16.3% +376.7%
1999 10.7% -34.3%
2000 14.7% +37.3%
2001 13.9% -5.0%
2002 17.9% +28.8%
2003 15.1% -15.6%
2004 11.8% -21.9%
2005 13.0% +9.4%
2006 8.9% -31.6%
2007 12.6% +42.7%
2008 12.2% -3.3%
2009 3.6% -70.2%
2010 4.7% +27.6%
2011 5.1% +9.5%
2012 4.8% -5.8%
2013 4.3% -9.6%
2014 2.9% -34.1%
2015 1.6% -43.9%
2016 4.1% +157.8%
2017 2.2% -47.8%
2018 2.0% -9.2%
2019 3.1% +56.2%
2020 2.2% -28.0%
2021 8.4% +282.7%
2022 8.0% -4.9%
2023 2.2% -72.3%
2024 2.8% +24.6%
2025 3.1% +11.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.7% -3.1% 8.4% 9
1970s 11.0% 1.3% 23.6% 10
1980s 22.2% 5.5% 31.5% 10
1990s 15.3% 3.4% 36.6% 10
2000s 12.4% 3.6% 17.9% 10
2010s 3.5% 1.6% 5.1% 10
2020s 4.5% 2.2% 8.4% 6

Countries ranked near Paraguay

  1. 112 Bhutan 3.2% compare
  2. 113 Austria 3.2% compare
  3. 114 South Korea 3.1% compare
  4. 116 Nepal 3.1% compare
  5. 117 Bosnia and Herzegovina 3.0% compare
  6. 118 Germany 3.0% compare

See the full ranking of 260 places →

More economy & growth data for Paraguay

All data for Paraguay →

Frequently asked questions

What is inflation, gdp deflator in Paraguay?
Inflation, gdp deflator in Paraguay was 3.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Paraguay?
The highest recorded value was 36.6% in 1990.
What is the lowest inflation, gdp deflator recorded in Paraguay?
The lowest recorded value was -3.1% in 1967.
How does Paraguay rank for inflation, gdp deflator?
Paraguay ranks 115th out of 212 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Paraguay?
Over the last ten years it is up 92.2%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator in Paraguay. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/inflation-gdp-deflator-annual-percent/paraguay/

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.