Paraguay GDP Annual Growth Rate  1995-2017 | Data | Chart | Calendar

The economy of Paraguay advanced 6.6 percent year-on-year in the first quarter of 2017, accelerating from a 3.4 percent growth in the previous period. It is the sharpest expansion since the first quarter of 2015, driven by increases in household consumption (3.5 percent vs 2.5 percent in Q4) and fixed investment (30.1 percent vs 15.1 percent in Q4). Meanwhile, government spending declined further (-2.9 percent vs -1.4 percent In Q4). Exports surged (8.2 percent from a flat reading in Q4) but imports rose faster (9.8 percent vs 5 percent in Q4). On a quarterly basis, the GDP expanded 3.4 percent, after an upwardly revised flat reading in Q4. GDP Annual Growth Rate in Paraguay averaged 3.42 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 Forecast (i)
2016-12-06 05:00 PM Q3 5.0% 6.2% 2.6%
2017-03-07 04:10 PM Q4 3.4% 5.4% 4.3%
2017-06-06 04:45 PM Q1 6.6% 3.4% 4.5%
2017-09-05 05:00 PM Q2 6.6% 3.7%
2017-12-05 06:00 PM Q3 3.8%




Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.40 0.00 12.90 -5.00 percent [+]
GDP Annual Growth Rate 6.60 3.40 16.40 -7.70 percent [+]
GDP 27.09 30.88 30.88 0.40 USD Billion [+]
Gross Fixed Capital Formation 7081266.86 8845974.61 8845974.61 697807.00 Million PYG [+]
GDP per capita 3822.86 3761.95 3822.86 1025.52 USD [+]
GDP per capita PPP 8639.28 8501.63 8639.28 5807.24 USD [+]
GDP Constant Prices 8049385899.00 8002718409.00 8049385899.00 3381598909.00 PYG Thousand [+]
GDP From Agriculture 1529191767.00 1091659835.00 1677131955.00 384499172.00 PYG Thousand [+]
GDP From Construction 322955105.00 365915981.00 365915981.00 97717570.00 PYG Thousand [+]
GDP From Manufacturing 863423987.00 851126804.00 863423987.00 461398668.00 PYG Thousand [+]
GDP From Services 3420021152.00 3162240278.00 3420021152.00 1376976650.00 PYG Thousand [+]
GDP From Utilities 872435297.00 857669564.00 892307653.00 447920688.00 PYG Thousand [+]


Paraguay GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 3.40 16.40 -7.70 1995 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17