Value Added (Total Manufacturing) — Value US$ in Paraguay
Paraguay: Value Added (Total Manufacturing) — Value US$ was 8,347 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Paraguay, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Paraguay stood at 8,347 million USD. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 17.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Paraguay peaked at 8,347 million USD in 2023 and was at its lowest, 211.5 million USD, in 1970.
That places Paraguay 94th out of 236 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 US$ in Paraguay, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 211.5 million USD | — |
| 1971 | 232.36 million USD | +9.9% |
| 1972 | 265.56 million USD | +14.3% |
| 1973 | 339.02 million USD | +27.7% |
| 1974 | 513.39 million USD | +51.4% |
| 1975 | 503.59 million USD | -1.9% |
| 1976 | 579.1 million USD | +15.0% |
| 1977 | 761.07 million USD | +31.4% |
| 1978 | 920.9 million USD | +21.0% |
| 1979 | 1,178 million USD | +27.9% |
| 1980 | 1,563 million USD | +32.7% |
| 1981 | 2,005 million USD | +28.3% |
| 1982 | 2,047 million USD | +2.1% |
| 1983 | 2,272 million USD | +11.0% |
| 1984 | 1,825 million USD | -19.7% |
| 1985 | 1,572 million USD | -13.8% |
| 1986 | 1,861 million USD | +18.4% |
| 1987 | 1,566 million USD | -15.8% |
| 1988 | 2,156 million USD | +37.6% |
| 1989 | 1,586 million USD | -26.4% |
| 1990 | 1,940 million USD | +22.3% |
| 1991 | 2,261 million USD | +16.6% |
| 1992 | 2,335 million USD | +3.3% |
| 1993 | 2,420 million USD | +3.6% |
| 1994 | 2,633 million USD | +8.8% |
| 1995 | 3,116 million USD | +18.3% |
| 1996 | 3,333 million USD | +7.0% |
| 1997 | 3,233 million USD | -3.0% |
| 1998 | 2,929 million USD | -9.4% |
| 1999 | 2,823 million USD | -3.6% |
| 2000 | 2,640 million USD | -6.5% |
| 2001 | 2,418 million USD | -8.4% |
| 2002 | 1,894 million USD | -21.7% |
| 2003 | 1,968 million USD | +3.9% |
| 2004 | 2,333 million USD | +18.6% |
| 2005 | 2,454 million USD | +5.2% |
| 2006 | 2,995 million USD | +22.0% |
| 2007 | 3,711 million USD | +23.9% |
| 2008 | 5,006 million USD | +34.9% |
| 2009 | 4,425 million USD | -11.6% |
| 2010 | 5,033 million USD | +13.7% |
| 2011 | 6,206 million USD | +23.3% |
| 2012 | 6,167 million USD | -0.6% |
| 2013 | 7,080 million USD | +14.8% |
| 2014 | 7,578 million USD | +7.0% |
| 2015 | 7,031 million USD | -7.2% |
| 2016 | 6,879 million USD | -2.2% |
| 2017 | 7,586 million USD | +10.3% |
| 2018 | 7,640 million USD | +0.7% |
| 2019 | 7,128 million USD | -6.7% |
| 2020 | 6,627 million USD | -7.0% |
| 2021 | 7,666 million USD | +15.7% |
| 2022 | 8,182 million USD | +6.7% |
| 2023 | 8,347 million USD | +2.0% |
Paraguay compared with similar countries
- Paraguay's 8,347 million USD is above the median for upper middle income countries, which is 4,472 million USD, 1.9× the median. (54 countries reporting)
- Paraguay's 8,347 million USD is above the median for Latin America & Caribbean, which is 3,043 million USD, 2.7× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 550.45 million USD | 211.5 million USD | 1,178 million USD | 10 |
| 1980s | 1,845 million USD | 1,563 million USD | 2,272 million USD | 10 |
| 1990s | 2,702 million USD | 1,940 million USD | 3,333 million USD | 10 |
| 2000s | 2,984 million USD | 1,894 million USD | 5,006 million USD | 10 |
| 2010s | 6,833 million USD | 5,033 million USD | 7,640 million USD | 10 |
| 2020s | 7,706 million USD | 6,627 million USD | 8,347 million USD | 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)
- 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$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Paraguay?
- Value added (total manufacturing) — value us$ in Paraguay was 8,347 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Paraguay?
- The highest recorded value was 8,347 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Paraguay?
- The lowest recorded value was 211.5 million USD in 1970.
- How does Paraguay rank for value added (total manufacturing) — value us$?
- Paraguay ranks 94th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Paraguay?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).