Palma ratio after tax lis in Paraguay
Paraguay: Palma ratio after tax lis was 2.45 in 2024. ▼ Falling
Latest (2024)
2.45
Change on year
up 0.9%
World rank
6th
of 48 countries
All-time high
4.57
in 2002
All-time low
2.21
in 2021
Years of data
26
1997–2024
Palma ratio after tax lis in Paraguay, 1997–2024
Source: Our World in Data.
Analysis
In 2024, palma ratio after tax lis in Paraguay stood at 2.45.
Compared with earlier readings it is up 0.9% on the previous year and down 26.7% over ten years.
Over the whole period, palma ratio after tax lis in Paraguay peaked at 4.57 in 2002 and was at its lowest, 2.21, in 2021.
That places Paraguay 6th out of 48 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Palma ratio after tax lis in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 4.35 | — |
| 1999 | 3.9 | -10.2% |
| 2000 | 4.15 | +6.3% |
| 2002 | 4.57 | +10.2% |
| 2003 | 4 | -12.5% |
| 2004 | 3.35 | -16.1% |
| 2005 | 3.25 | -3.1% |
| 2006 | 3.35 | +3.1% |
| 2007 | 3.29 | -1.9% |
| 2008 | 3.02 | -8.2% |
| 2009 | 3.05 | +1.2% |
| 2010 | 3.3 | +8.2% |
| 2011 | 3.67 | +11.1% |
| 2012 | 2.82 | -23.2% |
| 2013 | 2.89 | +2.4% |
| 2014 | 3.34 | +15.7% |
| 2015 | 2.99 | -10.5% |
| 2016 | 3.05 | +2.1% |
| 2017 | 2.87 | -5.8% |
| 2018 | 2.6 | -9.7% |
| 2019 | 2.57 | -0.9% |
| 2020 | 2.37 | -7.8% |
| 2021 | 2.21 | -6.9% |
| 2022 | 2.54 | +14.9% |
| 2023 | 2.43 | -4.3% |
| 2024 | 2.45 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.13 | 3.9 | 4.35 | 2 |
| 2000s | 3.56 | 3.02 | 4.57 | 9 |
| 2010s | 3.01 | 2.57 | 3.67 | 10 |
| 2020s | 2.4 | 2.21 | 2.54 | 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)
- Net primary income (Net income from abroad) (current LCU), annual -9.57 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 9.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0796 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 559.59 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 9.2 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 600.91 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 4.22 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0001 (2025)
Frequently asked questions
- What is palma ratio after tax lis in Paraguay?
- Palma ratio after tax lis in Paraguay was 2.45 in 2024, according to Our World in Data.
- What is the highest palma ratio after tax lis recorded in Paraguay?
- The highest recorded value was 4.57 in 2002.
- What is the lowest palma ratio after tax lis recorded in Paraguay?
- The lowest recorded value was 2.21 in 2021.
- How does Paraguay rank for palma ratio after tax lis?
- Paraguay ranks 6th out of 48 countries with data for 2024.
- Is palma ratio after tax lis rising or falling in Paraguay?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is falling.
- Where does this Paraguay data come from?
- The figures come from Our World in Data, published as part of Palma ratio after tax lis. Statizoid updates them automatically from the source API.
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