Spending by international visitors while visiting a country as a share of GDP in Paraguay
Paraguay: Spending by international visitors while visiting a country as a share of GDP was 1.7% in 2024. ▲ Rising
Spending by international visitors while visiting a country as a share of GDP in Paraguay, 1995–2024
Source: UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in %.
Analysis
Paraguay recorded 1.7% for spending by international visitors while visiting a country as a share of gdp in 2024.
The figure is up 14.9% on the previous year and up 22.8% over ten years.
Over the whole period, spending by international visitors while visiting a country as a share of gdp in Paraguay peaked at 3.2% in 2017 and was at its lowest, 0.3%, in 2021.
That places Paraguay 124th out of 191 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Spending by international visitors while visiting a country as a share of GDP in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 1.8% | — |
| 1996 | 1.6% | -9.1% |
| 1997 | 1.5% | -10.4% |
| 1998 | 1.4% | -5.0% |
| 1999 | 1.1% | -22.2% |
| 2000 | 1.0% | -7.6% |
| 2001 | 1.1% | +7.8% |
| 2002 | 1.1% | -1.4% |
| 2003 | 1.1% | -0.3% |
| 2004 | 0.9% | -14.2% |
| 2005 | 0.9% | -1.1% |
| 2006 | 0.8% | -6.7% |
| 2007 | 0.7% | -18.7% |
| 2008 | 1.6% | +135.0% |
| 2009 | 1.8% | +10.1% |
| 2010 | 1.6% | -9.2% |
| 2011 | 1.4% | -12.2% |
| 2012 | 1.6% | +12.2% |
| 2013 | 1.4% | -10.8% |
| 2014 | 1.4% | +1.4% |
| 2015 | 2.6% | +86.6% |
| 2016 | 2.9% | +8.7% |
| 2017 | 3.2% | +11.3% |
| 2018 | 2.4% | -25.6% |
| 2019 | 2.6% | +8.7% |
| 2020 | 0.6% | -76.9% |
| 2021 | 0.3% | -57.2% |
| 2022 | 1.1% | +342.7% |
| 2023 | 1.5% | +33.5% |
| 2024 | 1.7% | +14.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.5% | 1.1% | 1.8% | 5 |
| 2000s | 1.1% | 0.7% | 1.8% | 10 |
| 2010s | 2.1% | 1.4% | 3.2% | 10 |
| 2020s | 1.1% | 0.3% | 1.7% | 5 |
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)
- Exports of goods and services (current LCU), annual growth rate 8.37 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 2,805 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 19.71 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.74 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3578 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,514 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 14.92 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2174 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is spending by international visitors while visiting a country as a share of gdp in Paraguay?
- Spending by international visitors while visiting a country as a share of gdp in Paraguay was 1.7% in 2024, according to UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest spending by international visitors while visiting a country as a share of gdp recorded in Paraguay?
- The highest recorded value was 3.2% in 2017.
- What is the lowest spending by international visitors while visiting a country as a share of gdp recorded in Paraguay?
- The lowest recorded value was 0.3% in 2021.
- How does Paraguay rank for spending by international visitors while visiting a country as a share of gdp?
- Paraguay ranks 124th out of 191 countries with data for 2024.
- Is spending by international visitors while visiting a country as a share of gdp rising or falling in Paraguay?
- Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Spending by international visitors while visiting a country as a share of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Money received by the destination country from foreign visitors, including spending on accommodation, food, transport, entertainment, shopping, and fares paid to the country’s own airlines, as a share of, as a share of GDP.