Services, value added (constant 2015 US$) in Paraguay
Paraguay: Services, value added (constant 2015 US$) was 24.72 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Paraguay, 1962–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Paraguay is 24.72 billion constant 2015 US$, measured in 2025. That is the highest value across all 64 years on record.
The figure is up 6.3% on the previous year and up 40.4% over ten years.
Over the whole period, services, value added in Paraguay peaked at 24.72 billion constant 2015 US$ in 2025 and was at its lowest, 1.62 billion constant 2015 US$, in 1962.
Paraguay ranks 92nd of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$) in Paraguay, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1962 | 1.62 billion constant 2015 US$ | — |
| 1963 | 1.70 billion constant 2015 US$ | +5.2% |
| 1964 | 1.79 billion constant 2015 US$ | +5.2% |
| 1965 | 1.89 billion constant 2015 US$ | +5.5% |
| 1966 | 1.91 billion constant 2015 US$ | +0.9% |
| 1967 | 2.02 billion constant 2015 US$ | +6.2% |
| 1968 | 2.16 billion constant 2015 US$ | +6.8% |
| 1969 | 2.27 billion constant 2015 US$ | +5.1% |
| 1970 | 2.45 billion constant 2015 US$ | +7.6% |
| 1971 | 2.59 billion constant 2015 US$ | +5.9% |
| 1972 | 2.71 billion constant 2015 US$ | +4.6% |
| 1973 | 2.92 billion constant 2015 US$ | +7.8% |
| 1974 | 3.15 billion constant 2015 US$ | +7.8% |
| 1975 | 3.44 billion constant 2015 US$ | +9.3% |
| 1976 | 3.75 billion constant 2015 US$ | +9.0% |
| 1977 | 4.02 billion constant 2015 US$ | +7.3% |
| 1978 | 4.39 billion constant 2015 US$ | +9.2% |
| 1979 | 4.88 billion constant 2015 US$ | +11.1% |
| 1980 | 5.35 billion constant 2015 US$ | +9.8% |
| 1981 | 5.88 billion constant 2015 US$ | +9.8% |
| 1982 | 5.78 billion constant 2015 US$ | -1.6% |
| 1983 | 5.73 billion constant 2015 US$ | -1.0% |
| 1984 | 5.89 billion constant 2015 US$ | +2.9% |
| 1985 | 6.12 billion constant 2015 US$ | +3.9% |
| 1986 | 6.42 billion constant 2015 US$ | +4.8% |
| 1987 | 6.68 billion constant 2015 US$ | +4.1% |
| 1988 | 6.90 billion constant 2015 US$ | +3.3% |
| 1989 | 7.44 billion constant 2015 US$ | +7.9% |
| 1990 | 7.69 billion constant 2015 US$ | +3.3% |
| 1991 | 8.00 billion constant 2015 US$ | +4.0% |
| 1992 | 8.16 billion constant 2015 US$ | +2.0% |
| 1993 | 8.47 billion constant 2015 US$ | +3.8% |
| 1994 | 8.88 billion constant 2015 US$ | +4.9% |
| 1995 | 9.29 billion constant 2015 US$ | +4.5% |
| 1996 | 9.55 billion constant 2015 US$ | +2.8% |
| 1997 | 9.97 billion constant 2015 US$ | +4.4% |
| 1998 | 10.05 billion constant 2015 US$ | +0.8% |
| 1999 | 9.93 billion constant 2015 US$ | -1.2% |
| 2000 | 9.78 billion constant 2015 US$ | -1.5% |
| 2001 | 9.74 billion constant 2015 US$ | -0.4% |
| 2002 | 9.77 billion constant 2015 US$ | +0.3% |
| 2003 | 10.02 billion constant 2015 US$ | +2.5% |
| 2004 | 10.49 billion constant 2015 US$ | +4.7% |
| 2005 | 10.93 billion constant 2015 US$ | +4.2% |
| 2006 | 11.60 billion constant 2015 US$ | +6.2% |
| 2007 | 12.36 billion constant 2015 US$ | +6.5% |
| 2008 | 12.94 billion constant 2015 US$ | +4.7% |
| 2009 | 13.36 billion constant 2015 US$ | +3.2% |
| 2010 | 14.50 billion constant 2015 US$ | +8.5% |
| 2011 | 14.97 billion constant 2015 US$ | +3.2% |
| 2012 | 15.57 billion constant 2015 US$ | +4.1% |
| 2013 | 16.20 billion constant 2015 US$ | +4.0% |
| 2014 | 16.99 billion constant 2015 US$ | +4.9% |
| 2015 | 17.61 billion constant 2015 US$ | +3.7% |
| 2016 | 18.11 billion constant 2015 US$ | +2.8% |
| 2017 | 19.06 billion constant 2015 US$ | +5.2% |
| 2018 | 19.91 billion constant 2015 US$ | +4.5% |
| 2019 | 20.39 billion constant 2015 US$ | +2.4% |
| 2020 | 19.76 billion constant 2015 US$ | -3.1% |
| 2021 | 21.05 billion constant 2015 US$ | +6.5% |
| 2022 | 21.28 billion constant 2015 US$ | +1.1% |
| 2023 | 22.14 billion constant 2015 US$ | +4.0% |
| 2024 | 23.26 billion constant 2015 US$ | +5.1% |
| 2025 | 24.72 billion constant 2015 US$ | +6.3% |
Paraguay compared with similar countries
- Paraguay's 24.72 billion constant 2015 US$ is below the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 93% of the median. (58 countries reporting)
- Paraguay's 24.72 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 12.34 billion constant 2015 US$, 2.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.92 billion constant 2015 US$ | 1.62 billion constant 2015 US$ | 2.27 billion constant 2015 US$ | 8 |
| 1970s | 3.43 billion constant 2015 US$ | 2.45 billion constant 2015 US$ | 4.88 billion constant 2015 US$ | 10 |
| 1980s | 6.22 billion constant 2015 US$ | 5.35 billion constant 2015 US$ | 7.44 billion constant 2015 US$ | 10 |
| 1990s | 9.00 billion constant 2015 US$ | 7.69 billion constant 2015 US$ | 10.05 billion constant 2015 US$ | 10 |
| 2000s | 11.10 billion constant 2015 US$ | 9.74 billion constant 2015 US$ | 13.36 billion constant 2015 US$ | 10 |
| 2010s | 17.33 billion constant 2015 US$ | 14.50 billion constant 2015 US$ | 20.39 billion constant 2015 US$ | 10 |
| 2020s | 22.03 billion constant 2015 US$ | 19.76 billion constant 2015 US$ | 24.72 billion constant 2015 US$ | 6 |
Countries ranked near Paraguay
- 89 Bahrain 25.90 billion constant 2015 US$ compare
- 90 Cyprus 25.22 billion constant 2015 US$ compare
- 91 Lebanon 25.14 billion constant 2015 US$ compare
- 93 Democratic Republic of Congo 24.72 billion constant 2015 US$ compare
- 94 Myanmar 24.10 billion constant 2015 US$ compare
- 95 Uganda 22.81 billion constant 2015 US$ 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)
- SDRs holdings, US dollar, annual growth rate 157.03 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 48.35 units per person (2025)
- SDRs holdings, SDR, annual growth rate 144.76 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.005 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 35.31 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Paraguay?
- Services, value added in Paraguay was 24.72 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Paraguay?
- The highest recorded value was 24.72 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Paraguay?
- The lowest recorded value was 1.62 billion constant 2015 US$ in 1962.
- How does Paraguay rank for services, value added?
- Paraguay ranks 92nd out of 196 countries with data for 2025.
- Is services, value added rising or falling in Paraguay?
- Over the last ten years it is up 40.4%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.