The Gross Domestic Product (GDP) in Paraguay was worth 29.73 billion US dollars in 2017. The GDP value of Paraguay represents 0.05 percent of the world economy. GDP in Paraguay averaged 8.65 USD Billion from 1965 until 2017, reaching an all time high of 30.88 USD Billion in 2014 and a record low of 0.40 USD Billion in 1965.
GDP in Paraguay is expected to be 27.22 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay GDP is projected to trend around 32.00 USD Billion in 2020, according to our econometric models.