Share of central government spending funded by taxes in Paraguay

Paraguay: Share of central government spending funded by taxes was 47.7% in 2023. ▼ Falling

Latest (2023)
47.7%
Change on year
down 6.0%
World rank
134th
of 174 countries
All-time high
70.2%
in 2004
All-time low
41.5%
in 2020
Years of data
24
2000–2023

Share of central government spending funded by taxes in Paraguay, 2000–2023

0204060802000201120232000: 51.3 %2001: 54.9 %2002: 48.4 %2003: 58.4 %2004: 70.2 %2005: 59.7 %2006: 59.8 %2007: 61 %2008: 67.7 %2009: 58.4 %2010: 65.6 %2011: 63.5 %2012: 53.5 %2013: 55.1 %2014: 58.1 %2015: 53.7 %2016: 53.4 %2017: 54.7 %2018: 54.8 %2019: 50.1 %2020: 41.5 %2021: 47.9 %2022: 50.7 %2023: 47.7 %

Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.

Analysis

The most recent figure for share of central government spending funded by taxes in Paraguay is 47.7%, measured in 2023.

The figure is down 6.0% on the previous year and down 13.5% over ten years.

Over the whole period, share of central government spending funded by taxes in Paraguay peaked at 70.2% in 2004 and was at its lowest, 41.5%, in 2020.

Paraguay ranks 134th of 174 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Share of central government spending funded by taxes in Paraguay, year by year

Annual values for Share of central government spending funded by taxes in Paraguay, 2000 to 2023.
Year % Change
2000 51.3%
2001 54.9% +6.9%
2002 48.4% -11.7%
2003 58.4% +20.5%
2004 70.2% +20.3%
2005 59.7% -15.1%
2006 59.8% +0.3%
2007 61.0% +2.1%
2008 67.7% +10.9%
2009 58.4% -13.8%
2010 65.6% +12.4%
2011 63.5% -3.2%
2012 53.5% -15.8%
2013 55.1% +3.0%
2014 58.1% +5.4%
2015 53.7% -7.5%
2016 53.4% -0.6%
2017 54.7% +2.5%
2018 54.8% +0.1%
2019 50.1% -8.6%
2020 41.5% -17.1%
2021 47.9% +15.4%
2022 50.7% +5.9%
2023 47.7% -6.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 59.0% 48.4% 70.2% 10
2010s 56.3% 50.1% 65.6% 10
2020s 47.0% 41.5% 50.7% 4

Countries ranked near Paraguay

  1. 131 Hong Kong, China 48.5% compare
  2. 132 Trinidad and Tobago 48.0% compare
  3. 133 Ghana 47.8% compare
  4. 135 Malawi 47.6% compare
  5. 136 India 47.4% compare
  6. 137 Saint Kitts and Nevis 47.2% compare

See the full ranking of 174 places →

More economy & growth data for Paraguay

All data for Paraguay →

Frequently asked questions

What is share of central government spending funded by taxes in Paraguay?
Share of central government spending funded by taxes in Paraguay was 47.7% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
What is the highest share of central government spending funded by taxes recorded in Paraguay?
The highest recorded value was 70.2% in 2004.
What is the lowest share of central government spending funded by taxes recorded in Paraguay?
The lowest recorded value was 41.5% in 2020.
How does Paraguay rank for share of central government spending funded by taxes?
Paraguay ranks 134th out of 174 countries with data for 2023.
Is share of central government spending funded by taxes rising or falling in Paraguay?
Over the last ten years it is down 13.5%. The long-run trend across the full record is falling.
Where does this Paraguay data come from?
The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.

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Share of central government spending funded by taxes in Paraguay. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/stat/share-of-central-government-expenditures-funded-by-taxes/paraguay/

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About this data

Indicator
Share of central government spending funded by taxes
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,268 data points, 2000–2023
Last refreshed

Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.