The Gross Domestic Product (GDP) in Paraguay was worth 35.30 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Paraguay represents 0.03 percent of the world economy. source: World Bank

GDP in Paraguay averaged 12.05 USD Billion from 1965 until 2020, reaching an all time high of 40.38 USD Billion in 2014 and a record low of 0.44 USD Billion in 1965. This page provides - Paraguay GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP - values, historical data and charts - was last updated on July of 2021.

GDP in Paraguay is expected to reach 37.70 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay GDP is projected to trend around 38.20 USD Billion in 2022, according to our econometric models.

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Paraguay GDP

Actual Previous Highest Lowest Dates Unit Frequency
35.30 37.91 40.38 0.44 1965 - 2020 USD Billion Yearly
Current USD

Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 11.70 11.70 -15.00 percent [+]
GDP Annual Growth Rate 0.60 1.00 13.70 -7.40 percent [+]
GDP 35.30 37.91 40.38 0.44 USD Billion [+]
Gross Fixed Capital Formation 14492871.00 14347733.00 14492871.00 697807.00 Million PYG [+]
GDP per capita 5162.96 5280.18 5368.98 1364.30 USD [+]
GDP per capita PPP 12335.47 12615.53 12827.71 8138.10 USD [+]
GDP Constant Prices 55630197794.00 55373332313.00 55630197794.00 22132596611.00 PYG Thousand [+]
GDP From Agriculture 5949155790.00 3853710426.00 6673810215.00 977159311.00 PYG Thousand [+]
GDP From Construction 3932040494.00 4142925014.00 4142925014.00 975621324.00 PYG Thousand [+]
GDP From Manufacturing 10545541935.00 10912285283.00 10912285283.00 5152598084.00 PYG Thousand [+]
GDP From Services 25466131782.00 26974976723.00 27200182824.00 9992102088.00 PYG Thousand [+]
GDP From Utilities 4030397515.00 3707894096.00 4750708819.00 1981744864.00 PYG Thousand [+]


Paraguay GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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