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

The economy of Paraguay advanced 3.0 percent year-on-year in the third quarter of 2017, following an upwardly revised 1.1 percent in the previous period. Main drivers of growth were services (5.7 percent compared to 2.8 percent in Q2), namely internal trade; manufacturing and mining (8.3 percent compared to 1.9 percent), mainly metalic products, beverages and tobacco, paper and paperboard and machinery and equipment and agriculture (3.7 percent compared to 5.1 percent), due to soy, rice and beans. On a quarterly basis, GDP expanded 1.8 percent after a 2.4 percent contraction in Q2. GDP Annual Growth Rate in Paraguay averaged 3.39 percent from 1995 until 2017, 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
2017-06-06 04:45 PM GDP Growth Rate YoY 6.6% 3.4% 4.5%
2017-09-05 06:45 PM GDP Growth Rate YoY 0.9% 6.6% 7.8%
2017-12-05 05:10 PM GDP Growth Rate YoY 3.0% 1.1% 3.0%
2018-03-07 04:10 PM GDP Growth Rate YoY 3.0% 3%
2018-06-07 04:45 PM GDP Growth Rate YoY 1.70%
2018-09-07 06:45 PM GDP Growth Rate YoY 3.30%


Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.80 -2.70 12.90 -5.00 percent [+]
GDP Annual Growth Rate 3.00 1.10 16.40 -7.70 percent [+]
GDP 27.44 27.28 30.88 0.40 USD Billion [+]
Gross Fixed Capital Formation 1635.51 1324.85 1846.72 495.30 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 7606171586.00 7379564536.00 8088005961.00 3381598909.00 PYG Thousand [+]
GDP From Agriculture 1130137684.00 1416889211.00 1769350834.00 384499172.00 PYG Thousand [+]
GDP From Construction 368362977.00 289801479.00 368362977.00 97717570.00 PYG Thousand [+]
GDP From Manufacturing 916303364.00 778809917.00 928690308.00 461398668.00 PYG Thousand [+]
GDP From Services 3343168721.00 3182580279.00 3410431595.00 1376976650.00 PYG Thousand [+]
GDP From Utilities 749160676.00 794192381.00 892307653.00 447920688.00 PYG Thousand [+]


Paraguay GDP Annual Growth Rate

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 ranching 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 1.10 16.40 -7.70 1995 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.19 Dec/17
Spain 3.10 Dec/17
Canada 3.00 Sep/17
South Korea 3.00 Dec/17
Germany 2.90 Dec/17
Netherlands 2.90 Dec/17
Australia 2.80 Sep/17
Euro Area 2.70 Dec/17
United States 2.50 Dec/17
France 2.40 Dec/17
Mexico 1.80 Dec/17
Russia 1.80 Sep/17
Italy 1.60 Dec/17
Japan 1.50 Dec/17
Brazil 1.40 Sep/17
United Kingdom 1.40 Dec/17
Switzerland 1.20 Sep/17


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