Markets Actual Q3 Q4 Q1 Q2 2020
Currency 6116.35 6020 6047 6074 6101 6156
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.90 0.6 1.4 1.8 2 2.4
GDP Annual Growth Rate (%) -2.00 1.5 1.7 2.1 2.5 2.9
Inflation Rate (%) 3.10 3.3 4 3.8 3.6 3.8
Interest Rate (%) 4.50 4.5 4 4 3.75 3.5
Balance of Trade (USD Thousands) -414199.00 -185000 -140000 -140000 -140000 -105000
Current Account (USD Million) 349.00 -75 -300 -300 -300 120
Current Account to GDP (%) 0.70 -1 -1 0.2 0.2 0.2
Government Debt to GDP (%) 20.20 23.5 23.5 22.8 22.8 22.8
Government Budget (% of GDP) -1.30 -1.5 -1.5 -1.5 -1.5 -1.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) -0.90 0.6 1.4 1.8 2 2.4
GDP Annual Growth Rate (%) -2.00 1.5 1.7 2.1 2.5 2.9
GDP (USD Billion) 40.84 42 42 43 43 43
Gross Fixed Capital Formation (Million PYG) 11246633.00 11229910 11522861 11482812 11527799 11857024
GDP per capita (USD) 5394.46 5500 5500 5700 5700 5700
GDP per capita PPP (USD) 12063.00 12400 12400 12700 12700 12700
GDP Constant Prices (PYG Thousand) 53628640.00 50256002 54487576 54754841 54969356 56067716
GDP From Agriculture (PYG Thousand) 5725767921.00 2911414312 3511393098 5846009047 5868912119 3613223498
GDP From Construction (PYG Thousand) 3021935442.00 3202339083 3155657226 3085396086 3097483828 3247171286
GDP From Manufacturing (PYG Thousand) 10258616819.00 10664160728 10465514458 10686226128 10686226128 11092302721
GDP From Services (PYG Thousand) 25044257756.00 25398767132 25048383587 25576639565 25576639565 26548551869
GDP From Utilities (PYG Thousand) 4149820643.00 3733390895 4603398205 4236966877 4253566159 4736896753
Labour Actual Q3 Q4 Q1 Q2 2020
Minimum Wages (PYG Thousand/Month) 2192.84 2113 2113 2180 2180 2180
Living Wage Family (PYG/Month) 2556300.00 2556300 2556300 2556300 2556300 2438000
Wages High Skilled (PYG/Month) 4899500.00 4997004 5038400 5038400 5038400 5068400
Wages In Manufacturing (Index Points) 282.10 283 292 292 292 300
Wages Low Skilled (PYG/Month) 2700600.00 2653777 2752000 2752000 2752000 2800000
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.10 3.3 4 3.8 3.6 3.8
Core Consumer Prices (Index Points) 104.30 105 106 106 106 109
Producer Prices (Index Points) 123.00 126 127 127 127 130
Producer Prices Change (%) 1.50 2.7 3 2.8 2.6 2.6
Food Inflation (%) 1.90 2.5 3 3.5 3.5 6
CPI Housing Utilities (Index Points) 105.30 107 109 109 109 113
CPI Transportation (Index Points) 112.50 112 115 114 117 119
Consumer Price Index Cpi (Index Points) 104.70 106 107 108 109 111
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 4.50 4.5 4 4 3.75 3.5
Deposit Interest Rate (%) 3.94 3.94 3.94 3.94 3.69 3.69
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Thousands) -414199.00 -185000 -140000 -140000 -140000 -105000
Current Account (USD Million) 349.00 -75 -300 -300 -300 120
Current Account to GDP (%) 0.70 -1 -1 0.2 0.2 0.2
Imports (USD Thousands) 1163475.00 945000 940000 940000 940000 955000
Exports (USD Thousands) 706988.00 760000 800000 800000 800000 850000
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 20.20 23.5 23.5 22.8 22.8 22.8
Government Budget (% of GDP) -1.30 -1.5 -1.5 -1.5 -1.5 -1.5
Government Spending (PYG Million) 6352316.00 6222343 8014723 6485715 6511124 8247150
Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2020
Leading Economic Index (%) -2.80 -1.6 2.3 2.6 2.9 3.1
Changes In Inventories (Million PYG) 2790773.00 3223902 -1377 2815129 2815129 2604670
Consumer Actual Q3 Q4 Q1 Q2 2020
Gasoline Prices (USD/Liter) 0.82 0.8 0.78 0.76 0.74 0.74
Consumer Spending (PYG Million) 37516199.00 37513847 40702681 38304039 38454104 41883059


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.