Paraguay recorded a Current Account deficit of 1.20 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Paraguay averaged -1.52 percent from 1980 until 2017, reaching an all time high of 7.80 percent in 1990 and a record low of -11.60 percent in 1987.

Current Account to GDP in Paraguay is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Current Account to GDP is projected to trend around -1.20 percent in 2020, according to our econometric models.

Paraguay Current Account to GDP
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Paraguay Trade Last Previous Highest Lowest Unit
Balance of Trade -433878.00 -452199.00 198293.00 -477425.00 USD Thousands [+]
Exports 670011.00 735136.00 1093822.00 116146.00 USD Thousands [+]
Imports 1103889.00 1187335.00 1187335.00 104591.00 USD Thousands [+]
Current Account 344.10 -113.80 605.90 -678.60 USD Million [+]
Current Account to GDP -1.20 1.50 7.80 -11.60 percent [+]
Gold Reserves 8.20 8.20 8.20 0.00 Tonnes [+]
Terrorism Index 3.60 3.84 4.09 0.00 [+]
Foreign Direct Investment -54.80 77.50 416.20 -306.60 USD Million [+]
External Debt 6223038.00 6209012.00 6223038.00 1221099.00 USD Thousand [+]
Capital Flows 97.10 -222.00 663.20 -887.40 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Paraguay Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Paraguay Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 1.50 7.80 -11.60 1980 - 2017 percent Yearly




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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