Gross domestic product (GDP) in Paraguay
Paraguay: Gross domestic product (GDP) was 18.77 billion current GBP in 2014. ◆ Volatile
Latest (2014)
18.77 billion current GBP
Change on year
up 1.3%
World rank
102nd
of 200 countries
All-time high
18.77 billion current GBP
in 2014
All-time low
68.77 million current GBP
in 1949
Years of data
66
1949–2014
Gross domestic product (GDP) in Paraguay, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Paraguay recorded 18.77 billion current GBP for gross domestic product (gdp) in 2014. That is the highest value across all 66 years on record.
The figure is up 1.3% on the previous year and up 327.7% over ten years.
Over the whole period, gross domestic product (gdp) in Paraguay peaked at 18.77 billion current GBP in 2014 and was at its lowest, 68.77 million current GBP, in 1949.
That places Paraguay 102nd out of 200 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Paraguay, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 68.77 million current GBP | — |
| 1950 | 103.21 million current GBP | +50.1% |
| 1951 | 140.71 million current GBP | +36.3% |
| 1952 | 167.50 million current GBP | +19.0% |
| 1953 | 125.00 million current GBP | -25.4% |
| 1954 | 145.00 million current GBP | +16.0% |
| 1955 | 144.64 million current GBP | -0.2% |
| 1956 | 110.00 million current GBP | -24.0% |
| 1957 | 111.43 million current GBP | +1.3% |
| 1958 | 101.43 million current GBP | -9.0% |
| 1959 | 96.43 million current GBP | -4.9% |
| 1960 | 102.46 million current GBP | +6.3% |
| 1961 | 113.38 million current GBP | +10.7% |
| 1962 | 127.55 million current GBP | +12.5% |
| 1963 | 137.11 million current GBP | +7.5% |
| 1964 | 145.84 million current GBP | +6.4% |
| 1965 | 142.90 million current GBP | -2.0% |
| 1966 | 150.61 million current GBP | +5.4% |
| 1967 | 163.50 million current GBP | +8.6% |
| 1968 | 198.75 million current GBP | +21.6% |
| 1969 | 213.64 million current GBP | +7.5% |
| 1970 | 228.65 million current GBP | +7.0% |
| 1971 | 250.27 million current GBP | +9.5% |
| 1972 | 279.19 million current GBP | +11.6% |
| 1973 | 363.01 million current GBP | +30.0% |
| 1974 | 513.14 million current GBP | +41.4% |
| 1975 | 611.11 million current GBP | +19.1% |
| 1976 | 857.48 million current GBP | +40.3% |
| 1977 | 1.10 billion current GBP | +27.9% |
| 1978 | 1.23 billion current GBP | +11.8% |
| 1979 | 1.48 billion current GBP | +20.8% |
| 1980 | 1.76 billion current GBP | +19.0% |
| 1981 | 2.60 billion current GBP | +47.4% |
| 1982 | 2.90 billion current GBP | +11.7% |
| 1983 | 3.46 billion current GBP | +19.1% |
| 1984 | 3.06 billion current GBP | -11.5% |
| 1985 | 2.31 billion current GBP | -24.4% |
| 1986 | 2.35 billion current GBP | +1.5% |
| 1987 | 2.31 billion current GBP | -1.5% |
| 1988 | 2.30 billion current GBP | -0.7% |
| 1989 | 2.81 billion current GBP | +22.5% |
| 1990 | 3.21 billion current GBP | +14.1% |
| 1991 | 3.96 billion current GBP | +23.5% |
| 1992 | 4.08 billion current GBP | +3.0% |
| 1993 | 4.83 billion current GBP | +18.5% |
| 1994 | 5.14 billion current GBP | +6.4% |
| 1995 | 5.74 billion current GBP | +11.7% |
| 1996 | 6.27 billion current GBP | +9.3% |
| 1997 | 6.09 billion current GBP | -3.0% |
| 1998 | 5.45 billion current GBP | -10.5% |
| 1999 | 5.19 billion current GBP | -4.8% |
| 2000 | 5.42 billion current GBP | +4.4% |
| 2001 | 5.32 billion current GBP | -1.7% |
| 2002 | 4.22 billion current GBP | -20.7% |
| 2003 | 4.04 billion current GBP | -4.4% |
| 2004 | 4.39 billion current GBP | +8.7% |
| 2005 | 4.80 billion current GBP | +9.5% |
| 2006 | 5.79 billion current GBP | +20.4% |
| 2007 | 6.89 billion current GBP | +19.2% |
| 2008 | 10.07 billion current GBP | +46.0% |
| 2009 | 10.23 billion current GBP | +1.6% |
| 2010 | 12.96 billion current GBP | +26.8% |
| 2011 | 15.65 billion current GBP | +20.7% |
| 2012 | 15.58 billion current GBP | -0.4% |
| 2013 | 18.53 billion current GBP | +18.9% |
| 2014 | 18.77 billion current GBP | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 68.77 million current GBP | 68.77 million current GBP | 68.77 million current GBP | 1 |
| 1950s | 124.54 million current GBP | 96.43 million current GBP | 167.50 million current GBP | 10 |
| 1960s | 149.57 million current GBP | 102.46 million current GBP | 213.64 million current GBP | 10 |
| 1970s | 690.52 million current GBP | 228.65 million current GBP | 1.48 billion current GBP | 10 |
| 1980s | 2.58 billion current GBP | 1.76 billion current GBP | 3.46 billion current GBP | 10 |
| 1990s | 5.00 billion current GBP | 3.21 billion current GBP | 6.27 billion current GBP | 10 |
| 2000s | 6.12 billion current GBP | 4.04 billion current GBP | 10.23 billion current GBP | 10 |
| 2010s | 16.30 billion current GBP | 12.96 billion current GBP | 18.77 billion current GBP | 5 |
Countries ranked near Paraguay
- 99 Congo, Democratic Republic of the 19.92 billion current GBP compare
- 100 Cameroon 19.48 billion current GBP compare
- 101 Latvia 19.01 billion current GBP compare
- 103 Trinidad and Tobago 17.55 billion current GBP compare
- 104 Zambia 16.49 billion current GBP compare
- 105 Uganda 16.41 billion current GBP 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 (constant LCU), per capita 17.61 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.08 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.21 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9204 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,467 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6,945 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 48.80 million current LCU per person (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Paraguay?
- Gross domestic product (gdp) in Paraguay was 18.77 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Paraguay?
- The highest recorded value was 18.77 billion current GBP in 2014.
- What is the lowest gross domestic product (gdp) recorded in Paraguay?
- The lowest recorded value was 68.77 million current GBP in 1949.
- How does Paraguay rank for gross domestic product (gdp)?
- Paraguay ranks 102nd out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Paraguay?
- Over the last ten years it is up 327.7%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.