Markets Actual Q3 Q4 Q1 Q2 2022
Currency 6938.89 6951 6991 7032 7073 7155

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.50 1.7 0.5 0.6 0.2 0.3
GDP Annual Growth Rate (%) 0.60 2 4 2.7 4 4
Unemployment Rate (%) 7.20 7.4 7.3 7 7 6.9
Inflation Rate (%) 5.20 4.1 2.5 2.3 2 2.8
Interest Rate (%) 0.75 0.75 0.75 1 1.25 1.5
Balance of Trade (USD Thousands) 47475.00 -210000 -220000 -200000 80000 -200000
Current Account (USD Million) 161.70 120 180 180 180 180
Current Account to GDP (% of GDP) 2.20 0.4 0.4 0.4 0.4 0.3
Government Debt to GDP (% of GDP) 33.90 23 23 23 23 23
Government Budget (% of GDP) -7.30 -2.5 -2.5 -2.5 -2.5 -1.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 0.50 1.7 0.5 0.6 0.2 0.3
GDP Annual Growth Rate (%) 0.60 2 4 2.7 4 4
GDP (USD Billion) 35.30 37.37 37.7 37.7 37.7 38.2
Gross Fixed Capital Formation (Million PYG) 14492871.00 10256793 12647184 14921642 14884179 15518508
GDP per capita (USD) 5162.96 5300 5300 5300 5300 5380
GDP per capita PPP (USD) 12335.47 12600 13000 13000 13000 13000
GDP Constant Prices (PYG Thousand) 55630197794.00 53849442 55895721 55895721 55895721 55895721
GDP From Agriculture (PYG Thousand) 5949155790.00 4838136516 4231116561 4007858843 6109782996 4168173197
GDP From Construction (PYG Thousand) 3932040494.00 3256658666 3463564923 4308642015 4038205587 4480987695
GDP From Manufacturing (PYG Thousand) 10545541935.00 10664160728 10465514458 10686226128 10686226128 11092302721
GDP From Services (PYG Thousand) 25466131782.00 25398767132 25048383587 25576639565 25576639565 26548551869
GDP From Utilities (PYG Thousand) 4030397515.00 3455842969 5077687359 3856209860 4139218248 4010458254

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 7.20 7.4 7.3 7 7 6.9
Minimum Wages (PYG Thousand/Month) 2192.84 2180 2180 2180 2180 2180
Population (Million) 7.25 7.25 7.35 7.35 7.35 7.45
Wages In Manufacturing (points) 292.90 300 300 300 300 300

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 5.20 4.1 2.5 2.3 2 2.8
Core Consumer Prices (points) 110.70 112 113 114 115 117
Core Inflation Rate (%) 4.10 4 3.2 3.9 3.6 3.5
Producer Prices (points) 132.40 132 133 134 135 136
Producer Prices Change (%) 4.70 2.6 1.8 2.4 2.1 2.5
Inflation Rate Mom (%) 1.20 0.3 0.4 0.4 0.4 0.4
Consumer Price Index CPI (points) 111.30 111 111 112 112 114
CPI Housing Utilities (points) 109.00 111 110 110 110 113
CPI Transportation (points) 123.30 119 117 119 122 121
Food Inflation (%) 10.40 2.8 1.5 1 1 2.5

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 0.75 0.75 0.75 1 1.25 1.5
Deposit Interest Rate (%) 3.94 3.94 3.94 4.19 4.44 4.44

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Thousands) 47475.00 -210000 -220000 -200000 80000 -200000
Current Account (USD Million) 161.70 120 180 180 180 180
Current Account to GDP (% of GDP) 2.20 0.4 0.4 0.4 0.4 0.3
Imports (USD Thousands) 1010727.00 980000 870000 850000 745000 950000
Exports (USD Thousands) 1058202.00 770000 650000 650000 825000 750000

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 33.90 23 23 23 23 23
Government Budget (% of GDP) -7.30 -2.5 -2.5 -2.5 -2.5 -1.5
Government Spending (PYG Million) 6830866.00 7222232 8796745 9788695 7015299 10180243

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 25.50 25.5 25.5 25.5 25.5 25.5
Social Security Rate For Companies (%) 16.50 16.5 16.5 16.5 16.5 16.5
Social Security Rate For Employees (%) 9.00 9 9 9 9 9

Business Actual Q3 Q4 Q1 Q2 2022
Leading Economic Index (%) 8.00 1.3 2.1 2.1 2.1 2.1
Changes In Inventories (Million PYG) 1643375.00 3223902 -1377 2815129 2815129 2604670

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (PYG Million) 39639426.00 37321829 44674174 43667704 40709691 45414412
Gasoline Prices (USD/Liter) 0.79 0.75 0.71 0.68 0.64 0.61


This page has economic forecasts for Paraguay including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Paraguay economy.