Value Added (Total Manufacturing) — Value Standard Local Currency in Paraguay

Paraguay: Value Added (Total Manufacturing) — Value Standard Local Currency was 6.48 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6.48 % change on previous year
Change on year
down 35.2%
World rank
116th
of 231 countries
All-time high
51.43 % change on previous year
in 1974
All-time low
-1.91 % change on previous year
in 1975
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Paraguay, 1971–2023

0204060197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added (total manufacturing) — value standard local currency in Paraguay stood at 6.48 % change on previous year.

The figure is down 35.2% on the previous year and down 44.8% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Paraguay peaked at 51.43 % change on previous year in 1974 and was at its lowest, -1.91 % change on previous year, in 1975.

That places Paraguay 116th out of 231 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Paraguay, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Paraguay, 1971 to 2023.
Year % change on previous year Change
1971 9.87 % change on previous year —
1972 14.29 % change on previous year +44.8%
1973 27.66 % change on previous year +93.6%
1974 51.43 % change on previous year +85.9%
1975 -1.91 % change on previous year -103.7%
1976 14.99 % change on previous year -885.7%
1977 31.42 % change on previous year +109.6%
1978 21 % change on previous year -33.2%
1979 27.92 % change on previous year +32.9%
1980 32.65 % change on previous year +17.0%
1981 28.3 % change on previous year -13.3%
1982 2.11 % change on previous year -92.6%
1983 11 % change on previous year +421.9%
1984 28.1 % change on previous year +155.4%
1985 31.46 % change on previous year +12.0%
1986 30.91 % change on previous year -1.7%
1987 36.5 % change on previous year +18.1%
1988 37.63 % change on previous year +3.1%
1989 41.27 % change on previous year +9.7%
1990 42.4 % change on previous year +2.7%
1991 25.63 % change on previous year -39.6%
1992 16.93 % change on previous year -34.0%
1993 20.46 % change on previous year +20.9%
1994 18.82 % change on previous year -8.0%
1995 21.96 % change on previous year +16.7%
1996 12.09 % change on previous year -44.9%
1997 2.69 % change on previous year -77.8%
1998 13.43 % change on previous year +399.4%
1999 10.27 % change on previous year -23.5%
2000 4.51 % change on previous year -56.1%
2001 7.89 % change on previous year +74.9%
2002 9.03 % change on previous year +14.4%
2003 16.8 % change on previous year +86.1%
2004 10.26 % change on previous year -38.9%
2005 8.75 % change on previous year -14.8%
2006 11.32 % change on previous year +29.4%
2007 10.65 % change on previous year -5.9%
2008 16.95 % change on previous year +59.2%
2009 0.6209 % change on previous year -96.3%
2010 8.98 % change on previous year +1345.6%
2011 8.67 % change on previous year -3.4%
2012 4.78 % change on previous year -44.9%
2013 11.74 % change on previous year +145.7%
2014 10.98 % change on previous year -6.5%
2015 8.23 % change on previous year -25.1%
2016 6.59 % change on previous year -19.9%
2017 9.27 % change on previous year +40.7%
2018 2.74 % change on previous year -70.5%
2019 1.58 % change on previous year -42.3%
2020 0.8767 % change on previous year -44.5%
2021 15.73 % change on previous year +1694.4%
2022 10.01 % change on previous year -36.4%
2023 6.48 % change on previous year -35.2%

Paraguay compared with similar countries

  • Paraguay's 6.48 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 1.3× the median. (54 countries reporting)
  • Paraguay's 6.48 % change on previous year is above the median for Latin America & Caribbean, which is 5.11 % change on previous year, 1.3× the median. (38 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +1694.4% 0.8767 % change on previous year 15.73 % change on previous year
2010 +1345.6% 0.6209 % change on previous year 8.98 % change on previous year
1976 +885.7% -1.91 % change on previous year 14.99 % change on previous year
1983 +421.9% 2.11 % change on previous year 11 % change on previous year
1998 +399.4% 2.69 % change on previous year 13.43 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.85 % change on previous year -1.91 % change on previous year 51.43 % change on previous year 9
1980s 27.99 % change on previous year 2.11 % change on previous year 41.27 % change on previous year 10
1990s 18.47 % change on previous year 2.69 % change on previous year 42.4 % change on previous year 10
2000s 9.68 % change on previous year 0.6209 % change on previous year 16.95 % change on previous year 10
2010s 7.35 % change on previous year 1.58 % change on previous year 11.74 % change on previous year 10
2020s 8.28 % change on previous year 0.8767 % change on previous year 15.73 % change on previous year 4

Countries ranked near Paraguay

  1. 113 Jamaica 6.76 % change on previous year compare
  2. 114 China, Hong Kong SAR 6.63 % change on previous year compare
  3. 115 Australia 6.61 % change on previous year compare
  4. 117 Romania 6.31 % change on previous year compare
  5. 118 New Zealand 6.02 % change on previous year compare
  6. 119 Maldives 5.87 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Paraguay

All data for Paraguay →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Paraguay?
Value added (total manufacturing) — value standard local currency in Paraguay was 6.48 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Paraguay?
The highest recorded value was 51.43 % change on previous year in 1974.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Paraguay?
The lowest recorded value was -1.91 % change on previous year in 1975.
How does Paraguay rank for value added (total manufacturing) — value standard local currency?
Paraguay ranks 116th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Paraguay?
Over the last ten years it is down 44.8%. The long-run trend across the full record is volatile.
Where does this Paraguay data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Paraguay. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/paraguay/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.