Trade in services in Paraguay
Paraguay: Trade in services was 13.1% in 2025. ▲ Rising
Trade in services in Paraguay, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Paraguay recorded 13.1% for trade in services in 2025.
That represents a change of up 7.3% on the previous year and up 33.3% over ten years.
Over the whole period, trade in services in Paraguay peaked at 14.7% in 1989 and was at its lowest, 5.2%, in 1983.
Paraguay ranks 144th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Trade in services in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 5.9% | — |
| 1976 | 5.8% | -2.6% |
| 1977 | 6.5% | +12.2% |
| 1978 | 6.8% | +5.2% |
| 1979 | 8.3% | +22.1% |
| 1980 | 7.4% | -10.8% |
| 1981 | 6.4% | -13.5% |
| 1982 | 6.8% | +6.8% |
| 1983 | 5.2% | -23.9% |
| 1984 | 9.4% | +80.3% |
| 1985 | 10.1% | +8.1% |
| 1986 | 11.0% | +8.2% |
| 1987 | 10.8% | -1.7% |
| 1988 | 14.0% | +30.0% |
| 1989 | 14.7% | +4.7% |
| 1990 | 14.7% | -0.1% |
| 1991 | 12.8% | -12.8% |
| 1992 | 11.6% | -9.5% |
| 1993 | 14.2% | +22.8% |
| 1994 | 13.0% | -8.9% |
| 1995 | 10.9% | -16.1% |
| 1996 | 9.5% | -12.4% |
| 1997 | 9.4% | -1.1% |
| 1998 | 9.0% | -4.4% |
| 1999 | 7.9% | -12.5% |
| 2000 | 7.1% | -9.7% |
| 2001 | 7.3% | +2.7% |
| 2002 | 7.9% | +8.5% |
| 2003 | 7.0% | -11.3% |
| 2004 | 5.6% | -21.0% |
| 2005 | 5.8% | +4.9% |
| 2006 | 5.5% | -6.2% |
| 2007 | 5.4% | -0.8% |
| 2008 | 6.3% | +16.1% |
| 2009 | 6.8% | +8.6% |
| 2010 | 7.7% | +13.3% |
| 2011 | 7.1% | -8.7% |
| 2012 | 7.5% | +5.9% |
| 2013 | 7.3% | -2.1% |
| 2014 | 7.8% | +6.6% |
| 2015 | 9.8% | +25.9% |
| 2016 | 10.0% | +1.4% |
| 2017 | 10.7% | +7.1% |
| 2018 | 10.3% | -3.3% |
| 2019 | 11.2% | +8.2% |
| 2020 | 7.4% | -33.5% |
| 2021 | 8.3% | +12.2% |
| 2022 | 10.9% | +31.1% |
| 2023 | 11.8% | +7.7% |
| 2024 | 12.2% | +3.8% |
| 2025 | 13.1% | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.6% | 5.8% | 8.3% | 5 |
| 1980s | 9.6% | 5.2% | 14.7% | 10 |
| 1990s | 11.3% | 7.9% | 14.7% | 10 |
| 2000s | 6.5% | 5.4% | 7.9% | 10 |
| 2010s | 9.0% | 7.1% | 11.2% | 10 |
| 2020s | 10.6% | 7.4% | 13.1% | 6 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate 23.34 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2882 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,025 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.92 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.393 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,761 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 9.7 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 2,965 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Paraguay?
- Trade in services in Paraguay was 13.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Paraguay?
- The highest recorded value was 14.7% in 1989.
- What is the lowest trade in services recorded in Paraguay?
- The lowest recorded value was 5.2% in 1983.
- How does Paraguay rank for trade in services?
- Paraguay ranks 144th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Paraguay?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.