Paraguay recorded a Current Account deficit of 339 USD Million in the third quarter of 2018. Current Account in Paraguay averaged 24.98 USD Million from 2000 until 2018, reaching an all time high of 605.90 USD Million in the second quarter of 2014 and a record low of -678.60 USD Million in the fourth quarter of 2014.
Current Account in Paraguay is expected to be -151.75 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Paraguay to stand at -75.00 in 12 months time. In the long-term, the Paraguay Current Account is projected to trend around 120.00 USD Million in 2020, according to our econometric models.