Revenue from corporate income taxes as a share of GDP in Paraguay
Paraguay: Revenue from corporate income taxes as a share of GDP was 2.2% in 2017. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Paraguay, 1990–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2017, revenue from corporate income taxes as a share of gdp in Paraguay stood at 2.2%.
Compared with earlier readings it is up 5.8% on the previous year and up 61.7% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Paraguay peaked at 2.2% in 1995 and was at its lowest, 1.0%, in 1991.
That places Paraguay 101st out of 163 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Revenue from corporate income taxes as a share of GDP in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 1.2% | — |
| 1991 | 1.0% | -16.8% |
| 1992 | 1.2% | +21.1% |
| 1993 | 1.4% | +12.0% |
| 1994 | 2.0% | +44.3% |
| 1995 | 2.2% | +12.8% |
| 1996 | 2.2% | -2.5% |
| 1997 | 2.0% | -9.8% |
| 1998 | 1.9% | -5.1% |
| 1999 | 2.0% | +6.7% |
| 2000 | 1.5% | -22.5% |
| 2001 | 1.3% | -15.1% |
| 2002 | 1.4% | +8.1% |
| 2003 | 1.3% | -11.2% |
| 2004 | 1.5% | +21.2% |
| 2005 | 1.4% | -6.2% |
| 2006 | 1.3% | -11.7% |
| 2007 | 1.4% | +7.8% |
| 2008 | 1.5% | +7.3% |
| 2009 | 2.0% | +34.7% |
| 2010 | 1.6% | -17.8% |
| 2011 | 1.8% | +13.8% |
| 2012 | 2.0% | +6.7% |
| 2013 | 1.8% | -6.1% |
| 2014 | 2.0% | +8.2% |
| 2015 | 2.0% | +0.6% |
| 2016 | 2.1% | +3.7% |
| 2017 | 2.2% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.0% | 2.2% | 10 |
| 2000s | 1.5% | 1.3% | 2.0% | 10 |
| 2010s | 2.0% | 1.6% | 2.2% | 8 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 235.57 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0048 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 33.59 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.18 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 7.56 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.024 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 168.31 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Paraguay?
- Revenue from corporate income taxes as a share of gdp in Paraguay was 2.2% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Paraguay?
- The highest recorded value was 2.2% in 1995.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Paraguay?
- The lowest recorded value was 1.0% in 1991.
- How does Paraguay rank for revenue from corporate income taxes as a share of gdp?
- Paraguay ranks 101st out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Paraguay?
- Over the last ten years it is up 61.7%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.