Paraguay recorded a Government Debt to GDP of 45.20 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Paraguay averaged 26.87 percent of GDP from 1990 until 2024, reaching an all time high of 67.00 percent of GDP in 1990 and a record low of 8.10 percent of GDP in 2011. source: Ministerio de Hacienda, Paraguay
Government Debt to GDP in Paraguay is expected to reach 49.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Debt to GDP is projected to trend around 51.00 percent of GDP in 2027 and 52.90 percent of GDP in 2028, according to our econometric models.