Paraguay recorded a Government Budget deficit equal to 1.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Paraguay averaged -0.17 percent of GDP from 1990 until 2018, reaching an all time high of 4.50 percent of GDP in 1990 and a record low of -3.30 percent of GDP in 2002.
Government Budget in Paraguay is expected to be -1.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Budget is projected to trend around -1.50 percent of GDP in 2020, according to our econometric models.