Paraguay recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Paraguay averaged -1.34 percent of GDP from 1980 until 2024, reaching an all time high of 7.80 percent of GDP in 1990 and a record low of -11.60 percent of GDP in 1987. source: Banco Central del Paraguay
Current Account to GDP in Paraguay is expected to reach -3.50 percent of GDP by the end of 2026, 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 -2.50 percent of GDP in 2027 and -1.20 percent of GDP in 2028, according to our econometric models.