Paraguay GDP Growth Accelerates in Q1

2025-06-27 19:12 By Isabela Couto 1 min. read

Paraguay's GDP expanded 5.9% year-over-year in Q1 2025, up from 3.6% in the previous quarter.

Growth was driven by strong performance in services (6% vs 4.8% in Q4), a rebound in utilities (8.3% vs -7.9%), continued expansion in construction (12.9% vs 13.6%), and manufacturing (6.6% vs 3.1%).

Output in livestock, forestry, fishing, and mining surged 10.8% (vs 2.7%).

Agriculture remained a drag, though its contraction eased (-3.4% vs -4.3%).

From the expenditure side, domestic demand rose 9.3%, slightly below the 10.5% growth in Q4 2024.



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