Merchandise trade as a proportion of GDP in Paraguay
Paraguay: Merchandise trade as a proportion of GDP was 63.2% in 2024. ▬ Flat
Latest (2024)
63.2%
Change on year
down 2.7%
World rank
82nd
of 218 countries
All-time high
64.9%
in 2023
All-time low
50.4%
in 2000
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Paraguay, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Paraguay recorded 63.2% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 2.7% on the previous year and up 17.0% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Paraguay peaked at 64.9% in 2023 and was at its lowest, 50.4%, in 2000.
That places Paraguay 82nd out of 218 countries with data for 2024, putting it in the middle of the range.
Merchandise trade as a proportion of GDP in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 50.4% | — |
| 2001 | 53.4% | +6.1% |
| 2002 | 55.6% | +4.1% |
| 2003 | 62.6% | +12.6% |
| 2004 | 62.0% | -0.9% |
| 2005 | 64.0% | +3.1% |
| 2006 | 61.2% | -4.4% |
| 2007 | 59.3% | -3.1% |
| 2008 | 62.7% | +5.8% |
| 2009 | 53.8% | -14.3% |
| 2010 | 60.7% | +12.8% |
| 2011 | 59.6% | -1.7% |
| 2012 | 56.6% | -5.1% |
| 2013 | 56.1% | -0.9% |
| 2014 | 54.0% | -3.7% |
| 2015 | 51.5% | -4.6% |
| 2016 | 50.6% | -1.8% |
| 2017 | 52.7% | +4.3% |
| 2018 | 55.6% | +5.5% |
| 2019 | 54.1% | -2.8% |
| 2020 | 52.9% | -2.2% |
| 2021 | 60.3% | +14.1% |
| 2022 | 61.5% | +2.0% |
| 2023 | 64.9% | +5.5% |
| 2024 | 63.2% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.5% | 50.4% | 64.0% | 10 |
| 2010s | 55.1% | 50.6% | 60.7% | 10 |
| 2020s | 60.6% | 52.9% | 64.9% | 5 |
Countries ranked near Paraguay
- 79 Azerbaijan 64.1% compare
- 80 Sweden 63.8% compare
- 81 El Salvador 63.4% compare
- 83 Ireland 63.2% compare
- 84 Tajikistan 63.1% compare
- 85 Guinea 62.9% 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)
- Gross capital formation (current US$), annual growth rate 20.53 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2529 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,777 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 20.29 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 1,908 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 13.41 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 23.34 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2882 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Paraguay?
- Merchandise trade as a proportion of gdp in Paraguay was 63.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Paraguay?
- The highest recorded value was 64.9% in 2023.
- What is the lowest merchandise trade as a proportion of gdp recorded in Paraguay?
- The lowest recorded value was 50.4% in 2000.
- How does Paraguay rank for merchandise trade as a proportion of gdp?
- Paraguay ranks 82nd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Paraguay?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is flat.
- Where does this Paraguay data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).