The economy of Paraguay contracted 2.3 percent year-on-year in September 2018, after rising 0.8 percent in the previous month and marking the first decline in economic activity since April 2017. Decreases were seen in some industrial activities, such as in the manufacture of non-metallic minerals, meat and paper; and services, of which transport, real estate activities, business services and trade. Also, the construction sector shrank, due to adverse weather conditions and electricity production in the dams was affected by the lower level of water in the Parana River caused by scarce rains. Considering the January to September period of 2018, the economy grew 3.7 percent over a year ago. Leading Economic Index in Paraguay averaged 3.80 percent from 1995 until 2018, reaching an all time high of 23 percent in April of 2013 and a record low of -10.30 percent in May of 2009.

Leading Economic Index in Paraguay is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Paraguay to stand at 3.10 in 12 months time. In the long-term, the Paraguay Economic Activity Index YoY Change is projected to trend around 3.10 percent in 2020, according to our econometric models.

Paraguay Economic Activity Index YoY Change
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Paraguay Business Last Previous Highest Lowest Unit
Internet Speed 1375.35 1426.85 2164.17 180.62 KBps [+]
IP Addresses 206156.00 204289.00 353876.00 22347.00 IP [+]
Leading Economic Index -2.30 0.80 23.00 -10.30 percent [+]
Steel Production 3.00 5.00 13.00 0.00 Thousand Tonnes [+]
Ease of Doing Business 113.00 108.00 124.00 95.00 [+]
Corruption Index 29.00 30.00 30.00 15.00 Points [+]
Corruption Rank 135.00 123.00 154.00 84.00 [+]
Changes In Inventories 1820558.00 2173686.00 3663366.00 -1529444.23 Million PYG [+]
Competitiveness Index 53.38 52.87 53.38 3.29 Points [+]
Competitiveness Rank 95.00 96.00 124.00 95.00 [+]

Paraguay Economic Activity Index YoY Change

In Paraguay, the Monthly Economic Activity Indicator - IMAEP - is an index that summarizes the activity of different economic sectors in a given month, anticipating the future movements in GDP. The calculation is based on GDP weights for eight economic activities: services (52.2 percent); manufacturing (17.6 percent); agriculture (14 percent); livestock (5.8 percent); construction (5.8 percent; forestry and fishing (2.7 percent); utilities (1.8 percent) and mining (0.1 percent). The index has a base value of 100 as of 1994. This page provides - Paraguay Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Economic Activity Index YoY Change - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.30 0.80 23.00 -10.30 1995 - 2018 percent Monthly
2014=100, NSA

Country Last Previous
Argentina -0.90 Dec/18
Australia -0.10 Nov/18
Brazil 0.29 Nov/18
Canada 0.30 Oct/18
Japan 99.30 Nov/18
Mexico 2.90 Oct/18
Russia 1.80 Nov/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.50 Nov/18
Turkey -0.29 Nov/18
United Kingdom 0.30 Nov/18
United States 124.80 Nov/18