Tax revenue as share of GDP in Paraguay
Paraguay: Tax revenue as share of GDP was 11.3% in 2023. ▲ Rising
Latest (2023)
11.3%
Change on year
down 1.3%
World rank
152nd
of 187 countries
All-time high
12.1%
in 1995
All-time low
7.9%
in 2002
Years of data
34
1990–2023
Tax revenue as share of GDP in Paraguay, 1990–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Paraguay recorded 11.3% for tax revenue as share of gdp in 2023.
That represents a change of down 1.3% on the previous year and up 14.2% over ten years.
Over the whole period, tax revenue as share of gdp in Paraguay peaked at 12.1% in 1995 and was at its lowest, 7.9%, in 2002.
That places Paraguay 152nd out of 187 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Tax revenue as share of GDP in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 10.3% | — |
| 1991 | 8.6% | -17.1% |
| 1992 | 9.7% | +13.0% |
| 1993 | 9.4% | -2.4% |
| 1994 | 10.6% | +12.7% |
| 1995 | 12.1% | +13.9% |
| 1996 | 11.4% | -6.2% |
| 1997 | 11.4% | +0.0% |
| 1998 | 10.8% | -4.8% |
| 1999 | 9.7% | -9.9% |
| 2000 | 9.6% | -1.0% |
| 2001 | 9.1% | -5.9% |
| 2002 | 7.9% | -12.6% |
| 2003 | 8.2% | +3.3% |
| 2004 | 9.3% | +14.0% |
| 2005 | 9.1% | -2.9% |
| 2006 | 9.1% | -0.1% |
| 2007 | 8.6% | -4.5% |
| 2008 | 8.9% | +3.0% |
| 2009 | 9.2% | +3.5% |
| 2010 | 9.7% | +5.5% |
| 2011 | 10.3% | +5.7% |
| 2012 | 10.6% | +2.9% |
| 2013 | 9.9% | -6.2% |
| 2014 | 11.0% | +10.8% |
| 2015 | 10.7% | -2.3% |
| 2016 | 10.5% | -2.4% |
| 2017 | 11.0% | +5.1% |
| 2018 | 11.0% | -0.6% |
| 2019 | 10.9% | -0.8% |
| 2020 | 10.5% | -3.3% |
| 2021 | 10.8% | +2.8% |
| 2022 | 11.5% | +6.4% |
| 2023 | 11.3% | -1.3% |
Paraguay compared with similar countries
- Paraguay's 11.3% is below the median for upper middle income countries, which is 21.9%, 52% of the median. (54 countries reporting)
- Paraguay's 11.3% is below the median for Latin America & Caribbean, which is 19.6%, 58% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.4% | 8.6% | 12.1% | 10 |
| 2000s | 8.9% | 7.9% | 9.6% | 10 |
| 2010s | 10.6% | 9.7% | 11.0% | 10 |
| 2020s | 11.0% | 10.5% | 11.5% | 4 |
Countries ranked near Paraguay
- 149 Sao Tome and Principe 11.5% compare
- 150 Liberia 11.5% compare
- 151 Tanzania, United Republic of 11.5% compare
- 153 Djibouti 11.3% compare
- 154 Equatorial Guinea 11.3% compare
- 155 Lao People's Democratic Republic 10.6% 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)
- 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 tax revenue as share of gdp in Paraguay?
- Tax revenue as share of gdp in Paraguay was 11.3% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Paraguay?
- The highest recorded value was 12.1% in 1995.
- What is the lowest tax revenue as share of gdp recorded in Paraguay?
- The lowest recorded value was 7.9% in 2002.
- How does Paraguay rank for tax revenue as share of gdp?
- Paraguay ranks 152nd out of 187 countries with data for 2023.
- Is tax revenue as share of gdp rising or falling in Paraguay?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Direct and indirect taxes as well as social contributions included.