Paraguay GDP Growth Rate  2008-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Paraguay contracted 2.40 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Paraguay averaged 1.22 percent from 2008 until 2017, reaching an all time high of 12.90 percent in the first quarter of 2013 and a record low of -5 percent in the first quarter of 2012.

Paraguay GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-07 04:10 PM GDP Growth Rate QoQ -0.3% 0.5% 1.3%
2017-06-06 04:45 PM GDP Growth Rate QoQ 3.4% 0.0% 1.30%
2017-09-05 06:45 PM GDP Growth Rate QoQ -2.4% 3.4% 3.9%
2017-12-05 06:00 PM GDP Growth Rate QoQ -2.4% 1.67%


Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.40 3.40 12.90 -5.00 percent [+]
GDP Annual Growth Rate 0.90 6.60 16.40 -7.70 percent [+]
GDP 27.44 27.28 30.88 0.40 USD Billion [+]
Gross Fixed Capital Formation 6294933.00 7081266.86 8845974.61 697807.00 Million PYG [+]
GDP per capita 3928.30 3822.86 3928.30 1025.52 USD [+]
GDP per capita PPP 8877.60 8639.30 8877.60 5807.24 USD [+]
GDP Constant Prices 7363736160.00 8057597511.00 8057597511.00 3381598909.00 PYG Thousand [+]
GDP From Agriculture 1394320745.00 1738477711.00 1738477711.00 384499172.00 PYG Thousand [+]
GDP From Construction 289801479.00 327987491.00 365915981.00 97717570.00 PYG Thousand [+]
GDP From Manufacturing 781139101.00 928690309.00 928690309.00 461398668.00 PYG Thousand [+]
GDP From Services 3184403497.00 3276878970.00 3420021152.00 1376976650.00 PYG Thousand [+]
GDP From Utilities 794192381.00 885941296.00 892307653.00 447920688.00 PYG Thousand [+]


Paraguay GDP Growth Rate

In the last decade, Paraguay has been one of the fastest growing economies in Latin America. From 2008 to 2012, the country has been expanding at an average rate of 0.93 percent on a quarter over quarter basis, mostly due to a rise in exports of agricultural commodities. Shipments of soy, cereals and meat account for more than 65 percent of total exports and for almost a quarter of the output. Yet, high poverty, inequality rates and corruption, remain the biggest challenges that the country has to face in order to reach its growth potential. 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 3.40 12.90 -5.00 2008 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 3.18 Sep/17
United States 3.00 Sep/17
Turkey 2.10 Jun/17
China 1.70 Sep/17
India 1.40 Jun/17
South Korea 1.40 Sep/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Australia 0.80 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Euro Area 0.60 Sep/17
France 0.50 Sep/17
Italy 0.50 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Japan 0.30 Sep/17
Switzerland 0.30 Jun/17
Brazil 0.20 Jun/17
Mexico -0.20 Sep/17