Value of imported goods as a share of GDP in Paraguay
Paraguay: Value of imported goods as a share of GDP was 39.1% in 2024. ◆ Volatile
Latest (2024)
39.1%
Change on year
down 1.0%
World rank
75th
of 201 countries
All-time high
45.8%
in 1998
All-time low
7.2%
in 1964
Years of data
65
1960–2024
Value of imported goods as a share of GDP in Paraguay, 1960–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Paraguay recorded 39.1% for value of imported goods as a share of gdp in 2024.
That represents a change of down 1.0% on the previous year and up 32.0% over ten years.
Over the whole period, value of imported goods as a share of gdp in Paraguay peaked at 45.8% in 1998 and was at its lowest, 7.2%, in 1964.
Paraguay ranks 75th of 201 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.
Value of imported goods as a share of GDP in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 10.1% | — |
| 1961 | 9.5% | -5.8% |
| 1962 | 8.3% | -13.3% |
| 1963 | 7.7% | -7.0% |
| 1964 | 7.2% | -5.8% |
| 1965 | 8.7% | +20.3% |
| 1966 | 9.4% | +7.9% |
| 1967 | 11.3% | +20.2% |
| 1968 | 10.9% | -3.0% |
| 1969 | 11.8% | +7.3% |
| 1970 | 9.9% | -15.7% |
| 1971 | 10.1% | +2.0% |
| 1972 | 8.4% | -17.2% |
| 1973 | 10.2% | +21.3% |
| 1974 | 12.7% | +25.3% |
| 1975 | 11.7% | -8.2% |
| 1976 | 10.5% | -10.5% |
| 1977 | 12.0% | +15.1% |
| 1978 | 12.3% | +1.9% |
| 1979 | 12.9% | +4.7% |
| 1980 | 11.9% | -7.6% |
| 1981 | 9.1% | -23.8% |
| 1982 | 10.8% | +19.0% |
| 1983 | 8.5% | -21.0% |
| 1984 | 12.0% | +41.3% |
| 1985 | 14.0% | +16.9% |
| 1986 | 14.0% | -0.0% |
| 1987 | 13.4% | -4.7% |
| 1988 | 11.9% | -11.0% |
| 1989 | 14.4% | +21.2% |
| 1990 | 22.5% | +56.1% |
| 1991 | 19.8% | -12.1% |
| 1992 | 18.9% | -4.5% |
| 1993 | 22.3% | +18.0% |
| 1994 | 29.7% | +33.1% |
| 1995 | 33.8% | +13.7% |
| 1996 | 32.0% | -5.4% |
| 1997 | 39.6% | +24.0% |
| 1998 | 45.8% | +15.6% |
| 1999 | 32.6% | -28.8% |
| 2000 | 24.1% | -26.0% |
| 2001 | 24.8% | +2.8% |
| 2002 | 22.2% | -10.3% |
| 2003 | 24.4% | +9.8% |
| 2004 | 27.1% | +11.1% |
| 2005 | 29.6% | +9.1% |
| 2006 | 34.9% | +18.1% |
| 2007 | 32.8% | -6.2% |
| 2008 | 36.7% | +11.9% |
| 2009 | 30.9% | -15.8% |
| 2010 | 36.5% | +18.2% |
| 2011 | 36.3% | -0.7% |
| 2012 | 34.3% | -5.5% |
| 2013 | 31.1% | -9.2% |
| 2014 | 29.7% | -4.7% |
| 2015 | 27.7% | -6.5% |
| 2016 | 26.1% | -5.8% |
| 2017 | 29.4% | +12.5% |
| 2018 | 31.8% | +8.2% |
| 2019 | 32.1% | +0.9% |
| 2020 | 27.7% | -13.7% |
| 2021 | 35.9% | +29.7% |
| 2022 | 40.1% | +11.6% |
| 2023 | 39.5% | -1.4% |
| 2024 | 39.1% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.5% | 7.2% | 11.8% | 10 |
| 1970s | 11.1% | 8.4% | 12.9% | 10 |
| 1980s | 12.0% | 8.5% | 14.4% | 10 |
| 1990s | 29.7% | 18.9% | 45.8% | 10 |
| 2000s | 28.8% | 22.2% | 36.7% | 10 |
| 2010s | 31.5% | 26.1% | 36.5% | 10 |
| 2020s | 36.5% | 27.7% | 40.1% | 5 |
Countries ranked near Paraguay
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 value of imported goods as a share of gdp in Paraguay?
- Value of imported goods as a share of gdp in Paraguay was 39.1% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Paraguay?
- The highest recorded value was 45.8% in 1998.
- What is the lowest value of imported goods as a share of gdp recorded in Paraguay?
- The lowest recorded value was 7.2% in 1964.
- How does Paraguay rank for value of imported goods as a share of gdp?
- Paraguay ranks 75th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Paraguay?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).