Taxes on goods and services gdp in Paraguay
Paraguay: Taxes on goods and services gdp was 6.43 in 2023. ▲ Rising
Latest (2023)
6.43
Change on year
up 5.1%
World rank
108th
of 186 countries
All-time high
6.57
in 2014
All-time low
2.52
in 1989
Years of data
37
1987–2023
Taxes on goods and services gdp in Paraguay, 1987–2023
Source: Our World in Data.
Analysis
In 2023, taxes on goods and services gdp in Paraguay stood at 6.43.
That represents a change of up 5.1% on the previous year and up 6.5% over ten years.
Over the whole period, taxes on goods and services gdp in Paraguay peaked at 6.57 in 2014 and was at its lowest, 2.52, in 1989.
That places Paraguay 108th out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Taxes on goods and services gdp in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 2.71 | — |
| 1988 | 2.64 | -2.7% |
| 1989 | 2.52 | -4.7% |
| 1990 | 3.67 | +45.8% |
| 1991 | 3.07 | -16.1% |
| 1992 | 3.22 | +4.7% |
| 1993 | 5.29 | +64.4% |
| 1994 | 5.16 | -2.5% |
| 1995 | 5.55 | +7.6% |
| 1996 | 5.43 | -2.2% |
| 1997 | 5.65 | +4.1% |
| 1998 | 5.42 | -4.1% |
| 1999 | 4.93 | -9.1% |
| 2000 | 5.15 | +4.6% |
| 2001 | 5.11 | -0.9% |
| 2002 | 4.35 | -14.8% |
| 2003 | 4.61 | +5.9% |
| 2004 | 5.13 | +11.3% |
| 2005 | 5.17 | +0.7% |
| 2006 | 5.19 | +0.4% |
| 2007 | 5.38 | +3.7% |
| 2008 | 5.5 | +2.3% |
| 2009 | 5.36 | -2.6% |
| 2010 | 5.96 | +11.2% |
| 2011 | 6.23 | +4.5% |
| 2012 | 6.27 | +0.7% |
| 2013 | 6.04 | -3.7% |
| 2014 | 6.57 | +8.9% |
| 2015 | 6.56 | -0.2% |
| 2016 | 6.39 | -2.6% |
| 2017 | 6.44 | +0.9% |
| 2018 | 6.51 | +1.1% |
| 2019 | 6.22 | -4.5% |
| 2020 | 6.03 | -3.0% |
| 2021 | 6.15 | +1.9% |
| 2022 | 6.12 | -0.5% |
| 2023 | 6.43 | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.62 | 2.52 | 2.71 | 3 |
| 1990s | 4.74 | 3.07 | 5.65 | 10 |
| 2000s | 5.1 | 4.35 | 5.5 | 10 |
| 2010s | 6.32 | 5.96 | 6.57 | 10 |
| 2020s | 6.18 | 6.03 | 6.43 | 4 |
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)
- GDP (current US$), annual growth rate 10.15 % change on previous year (2025)
- GDP (current US$), per capita 7,027 current US$ per person (2025)
- GDP (current LCU), annual growth rate 9.93 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 7,545 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 53.02 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 6.64 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 7,029 constant 2015 US$ per person (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Paraguay?
- Taxes on goods and services gdp in Paraguay was 6.43 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Paraguay?
- The highest recorded value was 6.57 in 2014.
- What is the lowest taxes on goods and services gdp recorded in Paraguay?
- The lowest recorded value was 2.52 in 1989.
- How does Paraguay rank for taxes on goods and services gdp?
- Paraguay ranks 108th out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Paraguay?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (Our World in Data).