Median and mean income (after tax) in Paraguay
Paraguay: Median and mean income (after tax) was 12,854 international-$ in 2021 prices in 2024. ▲ Rising
Latest (2024)
12,854 international-$ in 2021 prices
Change on year
up 5.5%
World rank
37th
of 47 countries
All-time high
13,496 international-$ in 2021 prices
in 2014
All-time low
8,589 international-$ in 2021 prices
in 2002
Years of data
26
1997–2024
Median and mean income (after tax) in Paraguay, 1997–2024
Source: Luxembourg Income Study (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for median and mean income (after tax) in Paraguay is 12,854 international-$ in 2021 prices, measured in 2024.
The figure is up 5.5% on the previous year and down 4.8% over ten years.
Over the whole period, median and mean income (after tax) in Paraguay peaked at 13,496 international-$ in 2021 prices in 2014 and was at its lowest, 8,589 international-$ in 2021 prices, in 2002.
Paraguay ranks 37th of 47 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Median and mean income (after tax) in Paraguay, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1997 | 12,271 international-$ in 2021 prices | — |
| 1999 | 10,262 international-$ in 2021 prices | -16.4% |
| 2000 | 11,039 international-$ in 2021 prices | +7.6% |
| 2002 | 8,589 international-$ in 2021 prices | -22.2% |
| 2003 | 9,377 international-$ in 2021 prices | +9.2% |
| 2004 | 9,271 international-$ in 2021 prices | -1.1% |
| 2005 | 10,182 international-$ in 2021 prices | +9.8% |
| 2006 | 9,292 international-$ in 2021 prices | -8.7% |
| 2007 | 10,170 international-$ in 2021 prices | +9.4% |
| 2008 | 10,117 international-$ in 2021 prices | -0.5% |
| 2009 | 10,081 international-$ in 2021 prices | -0.4% |
| 2010 | 11,025 international-$ in 2021 prices | +9.4% |
| 2011 | 11,717 international-$ in 2021 prices | +6.3% |
| 2012 | 11,573 international-$ in 2021 prices | -1.2% |
| 2013 | 12,966 international-$ in 2021 prices | +12.0% |
| 2014 | 13,496 international-$ in 2021 prices | +4.1% |
| 2015 | 12,940 international-$ in 2021 prices | -4.1% |
| 2016 | 12,472 international-$ in 2021 prices | -3.6% |
| 2017 | 12,739 international-$ in 2021 prices | +2.1% |
| 2018 | 12,971 international-$ in 2021 prices | +1.8% |
| 2019 | 12,885 international-$ in 2021 prices | -0.7% |
| 2020 | 11,105 international-$ in 2021 prices | -13.8% |
| 2021 | 11,470 international-$ in 2021 prices | +3.3% |
| 2022 | 11,620 international-$ in 2021 prices | +1.3% |
| 2023 | 12,185 international-$ in 2021 prices | +4.9% |
| 2024 | 12,854 international-$ in 2021 prices | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11,266 international-$ in 2021 prices | 10,262 international-$ in 2021 prices | 12,271 international-$ in 2021 prices | 2 |
| 2000s | 9,791 international-$ in 2021 prices | 8,589 international-$ in 2021 prices | 11,039 international-$ in 2021 prices | 9 |
| 2010s | 12,478 international-$ in 2021 prices | 11,025 international-$ in 2021 prices | 13,496 international-$ in 2021 prices | 10 |
| 2020s | 11,847 international-$ in 2021 prices | 11,105 international-$ in 2021 prices | 12,854 international-$ in 2021 prices | 5 |
Countries ranked near Paraguay
- 34 Panama 16,343 international-$ in 2021 prices compare
- 35 Chile 15,611 international-$ in 2021 prices compare
- 36 Hungary 14,982 international-$ in 2021 prices compare
- 38 South Africa 12,518 international-$ in 2021 prices compare
- 39 Brazil 11,714 international-$ in 2021 prices compare
- 40 Mexico 11,518 international-$ in 2021 prices 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)
- Final consumption expenditure (constant 2015 US$), per capita 5,311 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 10.64 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 7,176 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 10.42 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 7,706 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 54.14 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 8.72 % change on previous year (2025)
Frequently asked questions
- What is median and mean income (after tax) in Paraguay?
- Median and mean income (after tax) in Paraguay was 12,854 international-$ in 2021 prices in 2024, according to Luxembourg Income Study (2026) – with minor processing by Our World in Data.
- What is the highest median and mean income (after tax) recorded in Paraguay?
- The highest recorded value was 13,496 international-$ in 2021 prices in 2014.
- What is the lowest median and mean income (after tax) recorded in Paraguay?
- The lowest recorded value was 8,589 international-$ in 2021 prices in 2002.
- How does Paraguay rank for median and mean income (after tax)?
- Paraguay ranks 37th out of 47 countries with data for 2024.
- Is median and mean income (after tax) rising or falling in Paraguay?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as part of Median and mean income (after tax). Statizoid updates them automatically from the source API.
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About this data
Average income per year of the population.