The economy of Paraguay shrank 12.2 percent year-on-year in April 2020, following a 1.1 percent decline in the previous month. It was the sharpest contraction in economic activity on record, amid business closures and lockdowns due to the coronavirus pandemic.
Leading Economic Index in Paraguay averaged 3.56 percent from 1995 until 2020, reaching an all time high of 23 percent in April of 2013 and a record low of -12.20 percent in April of 2020. This page provides - Paraguay Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Economic Activity Index YoY Change - values, historical data and charts - was last updated on July of 2020. source: Banco Central del Paraguay
Leading Economic Index in Paraguay is expected to be -5.00 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 0.70 in 12 months time. In the long-term, the Paraguay Economic Activity Index YoY Change is projected to trend around 2.10 percent in 2021 and 2.50 percent in 2022, according to our econometric models.