Markets Actual Q3 Q4 Q1 Q2 2021
Currency 6806.60 6839 6870 6901 6932 6993

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 0.40 5 0.3 1.5 1.7 2.6
GDP Annual Growth Rate (%) 3.50 -4.5 -2.5 0.5 1.2 2.5
Unemployment Rate (%) 5.70 7.7 7.9 7.7 7.6 7.3
Inflation Rate (%) 0.50 0.7 1 1.3 1.5 2.5
Interest Rate (%) 0.75 0.75 0.75 0.75 1 1.5
Balance of Trade (USD Thousands) 80400.00 -240000 -320000 -320000 -320000 -340000
Current Account (USD Million) -322.50 280 120 120 120 180
Current Account to GDP (%) -1.20 0.2 0.2 0.4 0.4 0.4
Government Debt to GDP (%) 22.90 25 25 23 23 23
Government Budget (% of GDP) -2.40 -3.5 -3.5 -2.5 -2.5 -2.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 0.40 5 0.3 1.5 1.7 2.6
GDP Annual Growth Rate (%) 3.50 -4.5 -2.5 0.5 1.2 2.5
GDP (USD Billion) 38.15 36.2 36.2 37.7 37.7 37.7
Gross Fixed Capital Formation (Million PYG) 11703711.00 10873199 11818431 11762230 11844156 12113892
GDP per capita (USD) 5394.46 5700 5700 5800 5800 5800
GDP per capita PPP (USD) 12063.00 12700 12700 12700 11919 13000
GDP Constant Prices (PYG Thousand) 55103828726.00 51152095968 53849442 53768490107 55422905187 55895721
GDP From Agriculture (PYG Thousand) 6344467268.00 2890955047 3892076912 6376189604 6420600875 3989378835
GDP From Construction (PYG Thousand) 3342542288.00 3301908084 3360179442 3359254999 3382652795 3444183928
GDP From Manufacturing (PYG Thousand) 10118010433.00 10664160728 10465514458 10686226128 10686226128 11092302721
GDP From Services (PYG Thousand) 25441681193.00 25398767132 25048383587 25576639565 25576639565 26548551869
GDP From Utilities (PYG Thousand) 4318513499.00 3436955130 3740253927 4340106066 4370335661 3833760275

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 5.70 7.7 7.9 7.7 7.6 7.3
Minimum Wages (PYG Thousand/Month) 2192.84 2180 2180 2180 2180 2180
Population (Million) 7.15 7.3 7.25 7.25 7.25 7.35
Wages In Manufacturing (points) 287.50 292 300 300 300 300

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 0.50 0.7 1 1.3 1.5 2.5
Core Consumer Prices (points) 106.10 107 108 109 109 112
Core Inflation Rate (%) 1.80 2.2 2.5 2.7 2.9 3.5
Producer Prices (points) 125.60 126 127 128 128 130
Producer Prices Change (%) 1.60 1.9 2.1 2.3 2.3 2.6
Inflation Rate Mom (%) -0.40 0.1 0.3 0.3 0.2 0.4
Consumer Price Index Cpi (points) 105.30 106 107 108 107 110
CPI Housing Utilities (points) 106.60 106 107 108 108 110
CPI Transportation (points) 111.60 114 115 116 113 118
Food Inflation (%) -1.50 -0.8 -0.2 0.5 0.8 1.5

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 0.75 0.75 0.75 0.75 1 1.5
Deposit Interest Rate (%) 3.94 3.94 3.94 3.94 4.19 4.19

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Thousands) 80400.00 -240000 -320000 -320000 -320000 -340000
Current Account (USD Million) -322.50 280 120 120 120 180
Current Account to GDP (%) -1.20 0.2 0.2 0.4 0.4 0.4
Imports (USD Thousands) 607600.00 970000 1070000 1070000 1070000 1090000
Exports (USD Thousands) 688000.00 730000 750000 750000 750000 750000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 22.90 25 25 23 23 23
Government Budget (% of GDP) -2.40 -3.5 -3.5 -2.5 -2.5 -2.5
Government Spending (PYG Million) 6866028.00 6462762 8258755 6900358 6948420 8465224

Taxes Actual Q3 Q4 Q1 Q2 2021
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 2021
Leading Economic Index (%) -12.20 -3 -1.5 0.7 1.3 2.1
Changes In Inventories (Million PYG) 3629322.00 3223902 -1377 2815129 2815129 2604670

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (PYG Million) 39059961.00 37822586 40946939 39255261 39528681 41970612
Gasoline Prices (USD/Liter) 0.64 0.61 0.58 0.55 0.52 0.5


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.