Paraguay GDP Growth Rate

The Gross Domestic Product (GDP) in Paraguay contracted 0.30 percent in the second quarter of 2018 over the previous quarter. GDP Growth Rate in Paraguay averaged 1.18 percent from 2008 until 2018, reaching an all time high of 10.70 percent in the fourth quarter of 2011 and a record low of -6.40 percent in the third quarter of 2011.

GDP Growth Rate in Paraguay is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Paraguay to stand at 0.60 in 12 months time. In the long-term, the Paraguay GDP Growth Rate is projected to trend around 6.30 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2017-12-05	05:10 PM	GDP Growth Rate QoQ	1.8%	-2.7%	1.3%
2018-06-11	02:00 PM	GDP Growth Rate QoQ	9.9%	2.7%	2.5%
2018-07-02	11:15 AM	GDP Growth Rate QoQ	-1%	7.9%	1.6%
2018-09-28	05:30 PM	GDP Growth Rate QoQ	-0.3%	-0.5%	1.3%
2018-12-21	05:30 PM	GDP Growth Rate QoQ		-0.3%	-1.6%
2019-06-11	02:00 PM	GDP Growth Rate QoQ			4.60%
2019-07-02	11:15 AM	GDP Growth Rate QoQ			0.40%

Paraguay GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	-0.30	-0.50	10.70	-6.40	percent	[+]
GDP Annual Growth Rate	6.20	4.70	16.40	-7.70	percent	[+]
GDP	29.73	27.42	30.88	0.40	USD Billion	[+]
Gross Fixed Capital Formation	8994503.16	9416976.17	10026543.65	3480600.13	Million PYG	[+]
GDP per capita	3905.93	3925.56	3925.56	1025.52	USD	[+]
GDP per capita PPP	8827.00	8871.40	8871.40	5807.20	USD	[+]
GDP Constant Prices	52767008.78	52949027.41	53222397.85	22431184.67	PYG Thousand	[+]
GDP From Agriculture	4281670.27	5882186.58	5971863.77	817988.51	PYG Thousand	[+]
GDP From Construction	3362327.34	3084273.67	3413066.89	1048308.65	PYG Thousand	[+]
GDP From Manufacturing	10589803.45	10327577.61	10648303.44	5089660.03	PYG Thousand	[+]
GDP From Services	24884555.67	23504208.52	25852562.59	9749786.41	PYG Thousand	[+]
GDP From Utilities	4080931.35	4747856.73	4747856.73	1962163.03	PYG Thousand	[+]

The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.30	-0.50	10.70	-6.40	2008 - 2018	percent	Quarterly

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Country	Last		Previous	Range
United States	3.50	Sep/18	4.2	16.7 : -10	%
Indonesia	3.09	Sep/18	4.21	4.21 : -3.57	%
Singapore	3.00	Sep/18	1.2	36.6 : -13.5	%
South Africa	2.20	Sep/18	-0.4	7.6 : -6.1	%
India	1.90	Jun/18	2	5.4 : -1.7	%
China	1.60	Sep/18	1.7	2.4 : 1.4	%
Russia	0.90	Jun/18	0.4	4.1 : -5.4	%
Brazil	0.80	Sep/18	0.2	3.9 : -3.9	%
Mexico	0.80	Sep/18	-0.1	3.2 : -5.7	%
South Korea	0.60	Sep/18	0.6	7.8 : -7	%
Spain	0.60	Sep/18	0.6	1.6 : -1.6	%
United Kingdom	0.60	Sep/18	0.4	5 : -2.7	%
Canada	0.50	Sep/18	0.7	3.1 : -2.3	%
France	0.40	Sep/18	0.2	8 : -5.3	%
Australia	0.30	Sep/18	0.9	4.4 : -2	%
Euro Area	0.20	Sep/18	0.4	1.3 : -3	%
Netherlands	0.20	Sep/18	0.7	1.7 : -3.6	%
Saudi Arabia	-0.05	Mar/18	0.05	8.5 : -2.1	%
Italy	-0.10	Sep/18	0.2	6 : -2.8	%
Germany	-0.20	Sep/18	0.5	4 : -4.5	%
Switzerland	-0.20	Sep/18	0.7	2.4 : -1.9	%
Japan	-0.60	Sep/18	0.7	3.2 : -4.8	%
Turkey	-1.10	Sep/18	0.6	5.6 : -5.2	%
Argentina	-4.00	Jun/18	0.7	5 : -5.7	%