Paraguay GDP Annual Growth Rate  1995-2018 | Data | Chart | Calendar

The economy of Paraguay grew 4.1 percent year-on-year in the first quarter of 2018, easing from an upwardly revised 5.4 percent expansion in the prior period. Output slowed for services (5.8 percent from 6.9 percent in Q4) and manufacturing (5.4 percent from 9.5 percent) and shrank for livestock, forestry, fishing & mining (-4.1 percent from 6.9 percent). Additionally, construction declined further (-6.3 percent from -7.7 percent). On the other hand, output advanced faster for utilities (7.7 percent from 3.2 percent) and rebounded for agriculture (1.4 percent from -1.2 percent). On a quarterly basis, the GDP dropped 1 percent, after a downwardly revised 7.9 percent growth in the previous period. GDP Annual Growth Rate in Paraguay averaged 3.46 percent from 1995 until 2018, reaching an all time high of 16.40 percent in the first quarter of 2013 and a record low of -7.70 percent in the second quarter of 2009.

Paraguay GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-05 05:10 PM GDP Growth Rate YoY 3.0% 1.1% 3.0%
2018-06-11 02:00 PM GDP Growth Rate YoY 4.5% 3.1% 4.4%
2018-07-02 11:15 AM GDP Growth Rate YoY 4.1% 5.4% 3.4%
2018-09-28 05:30 PM GDP Growth Rate YoY 4.1% 3.6%
2018-12-21 05:30 PM GDP Growth Rate YoY 3.8%


Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.00 7.90 12.90 -5.00 percent [+]
GDP Annual Growth Rate 4.10 5.40 16.40 -7.70 percent [+]
GDP 29.73 27.42 30.88 0.40 USD Billion [+]
Gross Fixed Capital Formation 9977807.52 10362911.36 10441924.44 495.30 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 52674974.00 53226794.00 7192823392.00 42904708.00 PYG Thousand [+]
GDP From Agriculture 5912299.00 3556016.00 1506696106.00 2418470.00 PYG Thousand [+]
GDP From Construction 2884295.86 3050986.76 245740940.00 2572091.92 PYG Thousand [+]
GDP From Manufacturing 10243539.11 10697602.67 745381517.00 7984453.02 PYG Thousand [+]
GDP From Services 23552943.25 26080917.72 3125994049.00 20056770.58 PYG Thousand [+]
GDP From Utilities 4747862.00 4250102.00 836041371.00 3626195.00 PYG Thousand [+]


Paraguay GDP Annual Growth Rate

In the last decade, Paraguay has been one of the fastest growing economies in Latin America 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 GDP. 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 5.40 16.40 -7.70 1995 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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