Markets Actual Q1 Q2 Q3 Q4 2020
Currency 6048.00 5936 5961 5986 6011 6062
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -5.20 0.4 -1 0.6 5.4 6.3
GDP Annual Growth Rate (%) 1.10 3.5 3.3 3.7 4 3.8
Inflation Rate (%) 3.20 3.7 4.3 4.2 4 4
Interest Rate (%) 5.25 5.5 5.5 5.5 5.5 6.25
Balance of Trade (USD Thousands) -474465.00 50000 -195000 -185000 -140000 -105000
Current Account (USD Million) -339.00 150 260 -75 -300 120
Current Account to GDP (%) -1.20 -1.04 0.93 -0.76 -0.6 -1.2
Government Debt to GDP (%) 24.10 35.5 25.3 23.5 23.5 23.5
Government Budget (% of GDP) -1.50 -1.5 -1.5 -1.5 -1.5 -1.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -5.20 0.4 -1 0.6 5.4 6.3
GDP Annual Growth Rate (%) 1.10 3.5 3.3 3.7 4 3.8
GDP (USD Billion) 29.73 33 33 33 33 32
Gross Fixed Capital Formation (Million PYG) 10800544.00 10410543 10752556 11000354 11232566 11659403
GDP per capita (USD) 3905.93 4300 4300 4300 4300 4400
GDP per capita PPP (USD) 8827.00 9100 9100 9100 9100 9400
GDP Constant Prices (PYG Thousand) 50075362.00 54282011 53709548 51002758 52078376 54057355
GDP From Agriculture (PYG Thousand) 2968456797.00 6238723815 4578255379 3023432617 3087195069 3204508481
GDP From Construction (PYG Thousand) 3144232362.00 3166408559 3304530568 3260568959 3270001656 3394261719
GDP From Manufacturing (PYG Thousand) 10275217431.00 10357676961 10664160728 10465514458 10686226128 11092302721
GDP From Services (PYG Thousand) 24592922659.00 24202664530 25398767132 25048383587 25576639565 26548551869
GDP From Utilities (PYG Thousand) 3550193212.00 4831039181 4148348335 3615942790 3692200940 3832504576
Labour Actual Q1 Q2 Q3 Q4 2020
Minimum Wages (PYG Thousand/Month) 2112.56 2113 2113 2113 2180 2250
Living Wage Family (PYG/Month) 2556300.00 2438000 2556300 2556300 2556300 2438000
Wages High Skilled (PYG/Month) 4899500.00 5038400 4997004 5038558 5038400 5068400
Wages In Manufacturing (Index Points) 275.00 290 283 284 292 300
Wages Low Skilled (PYG/Month) 2700600.00 2752000 2653777 2657976 2752000 2800000
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 3.20 3.7 4.3 4.2 4 4
Core Consumer Prices (Index Points) 102.50 104 105 105 106 109
Producer Prices (Index Points) 123.60 125 125 126 127 132
Producer Prices Change (%) 2.80 3.2 3.4 3.4 3 3.3
GDP Deflator (Index Points) 112.23 110 110 110 110 112
Food Inflation (%) -0.60 6 2.69 2.72 7 6
CPI Housing Utilities (Index Points) 104.60 105 106 108 109 113
CPI Transportation (Index Points) 110.30 107 111 113 115 119
Consumer Price Index Cpi (Index Points) 103.20 105 106 106 107 112
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 5.25 5.5 5.5 5.5 5.5 6.25
Deposit Interest Rate (%) 3.76 3.76 3.76 3.76 3.76 3.76
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Thousands) -474465.00 50000 -195000 -185000 -140000 -105000
Current Account (USD Million) -339.00 150 260 -75 -300 120
Current Account to GDP (%) -1.20 -1.04 0.93 -0.76 -0.6 -1.2
Imports (USD Thousands) 1043286.00 950000 935000 945000 940000 955000
Exports (USD Thousands) 568821.00 1000000 740000 760000 800000 850000
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 24.10 35.5 25.3 23.5 23.5 23.5
Government Budget (% of GDP) -1.50 -1.5 -1.5 -1.5 -1.5 -1.5
Government Spending (PYG Million) 6246659.00 6085767 6414520 6477785 6496525 6743393
Taxes Actual Q1 Q2 Q3 Q4 2020
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 Q1 Q2 Q3 Q4 2020
Leading Economic Index (%) -2.30 2.4 0.7 3.1 3.4 3.1
Changes In Inventories (Million PYG) 1820558.00 1158912 3223902 -1377 2815129 2604670
Consumer Actual Q1 Q2 Q3 Q4 2020
Gasoline Prices (USD/Liter) 0.78 0.73 0.72 0.7 0.68 0.68
Consumer Spending (PYG Million) 37266801.00 37715951 37706584 37956237 38757473 40230257


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.