Productivity vs annual hours worked in Paraguay
Paraguay: Productivity vs annual hours worked was 2,123 in 2023. ▼ Falling
Latest (2023)
2,123
Change on year
up 1.5%
World rank
45th
of 129 countries
All-time high
2,333
in 2011
All-time low
1,855
in 2020
Years of data
19
2005–2023
Productivity vs annual hours worked in Paraguay, 2005–2023
Source: Our World in Data.
Analysis
Paraguay recorded 2,123 for productivity vs annual hours worked in 2023.
That represents a change of up 1.5% on the previous year and down 5.6% over ten years.
Over the whole period, productivity vs annual hours worked in Paraguay peaked at 2,333 in 2011 and was at its lowest, 1,855, in 2020.
Paraguay ranks 45th of 129 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,251 | 2,176 | 2,304 | 5 |
| 2010s | 2,176 | 2,051 | 2,333 | 10 |
| 2020s | 2,025 | 1,855 | 2,123 | 4 |
Countries ranked near Paraguay
- 42 Tanzania 2,129 compare
- 43 Uganda 2,128 compare
- 44 Saudi Arabia 2,125 compare
- 46 Bosnia and Herzegovina 2,122 compare
- 47 Angola 2,114 compare
- 48 Cote d'Ivoire 2,103 compare
More economy & growth data for Paraguay
- External balance on goods and services as a percent of gdp -2.12 (2025)
- Inflation of consumer prices 4.04 (2025)
- Gdp per capita worldbank constant usd 7,029 (2025)
- Manufacturing value added to gdp 19.43 (2025)
- Gdp worldbank constant usd 49.29 billion (2025)
- Gdp per capita in international and market dollars 7,029 (2025)
- DEC alternative conversion factor 7,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 10.99 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 29.61 trillion current LCU (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Paraguay?
- Productivity vs annual hours worked in Paraguay was 2,123 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Paraguay?
- The highest recorded value was 2,333 in 2011.
- What is the lowest productivity vs annual hours worked recorded in Paraguay?
- The lowest recorded value was 1,855 in 2020.
- How does Paraguay rank for productivity vs annual hours worked?
- Paraguay ranks 45th out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Paraguay?
- Over the last ten years it is down 5.6%. 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 Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).