Travel services in Paraguay
Paraguay: Travel services was 31.5% in 2025. ▼ Falling
Travel services in Paraguay, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, travel services in Paraguay stood at 31.5%.
Compared with earlier readings it is up 22.1% on the previous year and down 35.9% over ten years.
Over the whole period, travel services in Paraguay peaked at 80.7% in 1986 and was at its lowest, 5.3%, in 2021.
Paraguay ranks 110th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Travel services in Paraguay, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1975 | 30.2% | — |
| 1976 | 35.1% | +16.2% |
| 1977 | 56.3% | +60.4% |
| 1978 | 51.7% | -8.2% |
| 1979 | 53.8% | +4.1% |
| 1980 | 55.3% | +2.9% |
| 1981 | 51.3% | -7.2% |
| 1982 | 48.9% | -4.7% |
| 1983 | 35.4% | -27.7% |
| 1984 | 45.7% | +29.3% |
| 1985 | 68.8% | +50.5% |
| 1986 | 80.7% | +17.2% |
| 1987 | 70.5% | -12.6% |
| 1988 | 38.4% | -45.5% |
| 1989 | 32.2% | -16.2% |
| 1990 | 20.4% | -36.7% |
| 1991 | 20.4% | +0.2% |
| 1992 | 16.5% | -19.5% |
| 1993 | 23.8% | +44.8% |
| 1994 | 27.2% | +14.1% |
| 1995 | 50.0% | +83.9% |
| 1996 | 51.2% | +2.4% |
| 1997 | 45.1% | -11.9% |
| 1998 | 43.1% | -4.4% |
| 1999 | 39.8% | -7.7% |
| 2000 | 34.7% | -12.8% |
| 2001 | 30.0% | -13.6% |
| 2002 | 28.8% | -4.0% |
| 2003 | 30.0% | +4.2% |
| 2004 | 29.9% | -0.4% |
| 2005 | 27.5% | -7.9% |
| 2006 | 26.2% | -4.9% |
| 2007 | 20.2% | -23.0% |
| 2008 | 49.2% | +143.5% |
| 2009 | 46.7% | -5.0% |
| 2010 | 41.3% | -11.6% |
| 2011 | 40.9% | -1.1% |
| 2012 | 43.2% | +5.6% |
| 2013 | 39.8% | -7.8% |
| 2014 | 36.4% | -8.4% |
| 2015 | 49.2% | +35.1% |
| 2016 | 52.3% | +6.3% |
| 2017 | 53.6% | +2.5% |
| 2018 | 43.7% | -18.4% |
| 2019 | 43.3% | -1.0% |
| 2020 | 14.5% | -66.4% |
| 2021 | 5.3% | -63.7% |
| 2022 | 21.1% | +300.1% |
| 2023 | 24.5% | +16.3% |
| 2024 | 25.8% | +5.4% |
| 2025 | 31.5% | +22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.4% | 30.2% | 56.3% | 5 |
| 1980s | 52.7% | 32.2% | 80.7% | 10 |
| 1990s | 33.8% | 16.5% | 51.2% | 10 |
| 2000s | 32.3% | 20.2% | 49.2% | 10 |
| 2010s | 44.4% | 36.4% | 53.6% | 10 |
| 2020s | 20.5% | 5.3% | 31.5% | 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)
- 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 travel services in Paraguay?
- Travel services in Paraguay was 31.5% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Paraguay?
- The highest recorded value was 80.7% in 1986.
- What is the lowest travel services recorded in Paraguay?
- The lowest recorded value was 5.3% in 2021.
- How does Paraguay rank for travel services?
- Paraguay ranks 110th out of 198 countries with data for 2025.
- Is travel services rising or falling in Paraguay?
- Over the last ten years it is down 35.9%. The long-run trend across the full record is falling.
- 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.