Real gdp growth in Paraguay
Paraguay: Real gdp growth was 4.67 in 2024. ◆ Volatile
Latest (2024)
4.67
Change on year
down 11.7%
World rank
52nd
of 196 countries
All-time high
11.71
in 1980
All-time low
-3.04
in 1983
Years of data
45
1980–2024
Real gdp growth in Paraguay, 1980–2024
Source: Our World in Data.
Analysis
Paraguay recorded 4.67 for real gdp growth in 2024.
Compared with earlier readings it is down 11.7% on the previous year and down 11.9% over ten years.
Over the whole period, real gdp growth in Paraguay peaked at 11.71 in 1980 and was at its lowest, -3.04, in 1983.
Paraguay ranks 52nd of 196 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.92 | -3.04 | 11.71 | 10 |
| 1990s | 3.09 | -1.37 | 6.82 | 10 |
| 2000s | 2.38 | -2.31 | 6.5 | 10 |
| 2010s | 4.31 | -0.708 | 11.1 | 10 |
| 2020s | 2.62 | -0.82 | 5.29 | 5 |
Countries ranked near Paraguay
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 real gdp growth in Paraguay?
- Real gdp growth in Paraguay was 4.67 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Paraguay?
- The highest recorded value was 11.71 in 1980.
- What is the lowest real gdp growth recorded in Paraguay?
- The lowest recorded value was -3.04 in 1983.
- How does Paraguay rank for real gdp growth?
- Paraguay ranks 52nd out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Paraguay?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).