Median income per year (after tax) in Paraguay
Paraguay: Median income per year (after tax) was 9,323 international-$ in 2021 prices in 2024. ▲ Rising
Latest (2024)
9,323 international-$ in 2021 prices
Change on year
up 5.1%
World rank
38th
of 47 countries
All-time high
9,323 international-$ in 2021 prices
in 2024
All-time low
5,065 international-$ in 2021 prices
in 2002
Years of data
26
1997–2024
Median income per year (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
Paraguay recorded 9,323 international-$ in 2021 prices for median income per year (after tax) in 2024. That is the highest value across all 26 years on record.
That represents a change of up 5.1% on the previous year and up 4.9% over ten years.
Over the whole period, median income per year (after tax) in Paraguay peaked at 9,323 international-$ in 2021 prices in 2024 and was at its lowest, 5,065 international-$ in 2021 prices, in 2002.
That places Paraguay 38th out of 47 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Median income per year (after tax) in Paraguay, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1997 | 7,606 international-$ in 2021 prices | — |
| 1999 | 6,380 international-$ in 2021 prices | -16.1% |
| 2000 | 6,682 international-$ in 2021 prices | +4.7% |
| 2002 | 5,065 international-$ in 2021 prices | -24.2% |
| 2003 | 5,478 international-$ in 2021 prices | +8.2% |
| 2004 | 5,714 international-$ in 2021 prices | +4.3% |
| 2005 | 6,562 international-$ in 2021 prices | +14.9% |
| 2006 | 6,031 international-$ in 2021 prices | -8.1% |
| 2007 | 6,490 international-$ in 2021 prices | +7.6% |
| 2008 | 6,573 international-$ in 2021 prices | +1.3% |
| 2009 | 6,879 international-$ in 2021 prices | +4.7% |
| 2010 | 7,344 international-$ in 2021 prices | +6.8% |
| 2011 | 7,291 international-$ in 2021 prices | -0.7% |
| 2012 | 8,290 international-$ in 2021 prices | +13.7% |
| 2013 | 8,820 international-$ in 2021 prices | +6.4% |
| 2014 | 8,888 international-$ in 2021 prices | +0.8% |
| 2015 | 8,757 international-$ in 2021 prices | -1.5% |
| 2016 | 8,399 international-$ in 2021 prices | -4.1% |
| 2017 | 8,579 international-$ in 2021 prices | +2.1% |
| 2018 | 9,019 international-$ in 2021 prices | +5.1% |
| 2019 | 9,274 international-$ in 2021 prices | +2.8% |
| 2020 | 8,138 international-$ in 2021 prices | -12.2% |
| 2021 | 8,359 international-$ in 2021 prices | +2.7% |
| 2022 | 8,311 international-$ in 2021 prices | -0.6% |
| 2023 | 8,873 international-$ in 2021 prices | +6.8% |
| 2024 | 9,323 international-$ in 2021 prices | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,993 international-$ in 2021 prices | 6,380 international-$ in 2021 prices | 7,606 international-$ in 2021 prices | 2 |
| 2000s | 6,164 international-$ in 2021 prices | 5,065 international-$ in 2021 prices | 6,879 international-$ in 2021 prices | 9 |
| 2010s | 8,466 international-$ in 2021 prices | 7,291 international-$ in 2021 prices | 9,274 international-$ in 2021 prices | 10 |
| 2020s | 8,601 international-$ in 2021 prices | 8,138 international-$ in 2021 prices | 9,323 international-$ in 2021 prices | 5 |
Countries ranked near Paraguay
- 35 Panama 11,894 international-$ in 2021 prices compare
- 36 Chile 10,468 international-$ in 2021 prices compare
- 37 Serbia 10,091 international-$ in 2021 prices compare
- 39 Viet Nam 9,070 international-$ in 2021 prices compare
- 40 Mexico 8,940 international-$ in 2021 prices compare
- 41 Brazil 8,323 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)
- Services, value added (current US$), annual growth rate 9.36 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4807 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,378 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.15 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 3,627 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 25.49 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 6.27 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5017 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is median income per year (after tax) in Paraguay?
- Median income per year (after tax) in Paraguay was 9,323 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 income per year (after tax) recorded in Paraguay?
- The highest recorded value was 9,323 international-$ in 2021 prices in 2024.
- What is the lowest median income per year (after tax) recorded in Paraguay?
- The lowest recorded value was 5,065 international-$ in 2021 prices in 2002.
- How does Paraguay rank for median income per year (after tax)?
- Paraguay ranks 38th out of 47 countries with data for 2024.
- Is median income per year (after tax) rising or falling in Paraguay?
- Over the last ten years it is up 4.9%. 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 income per year (after tax). Statizoid updates them automatically from the source API.
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About this data
Value of income per year below which 50% of the population live.