Markets Actual Q2 Q3 Q4 Q1 2023
Currency 6852.20 6909 6952 6996 7040 7129

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) 9.27 0.2 0.3 0.3 0.3 0.3
GDP Annual Growth Rate (%) 0.60 1.1 2.3 2.6 3.3 4
Unemployment Rate (%) 6.80 7 6.8 6.9 6.9 6.6
Inflation Rate (%) 11.40 11.3 8.7 7.2 4 2.5
Interest Rate (%) 7.75 7.75 8.25 8.5 8.5 8
Balance of Trade (USD Thousands) -265552.00 -331143 -454270 -326255 -306188 -219921
Current Account (USD Million) -720.20 180 180 180 180 180
Current Account to GDP (% of GDP) 2.20 0.5 0.5 0.5 0.5 0.6
Government Debt to GDP (% of GDP) 33.90 26 26 26 26 23
Government Budget (% of GDP) -5.50 -4 -4 -4 -4 -2.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) 9.27 0.2 0.3 0.3 0.3 0.3
GDP Annual Growth Rate (%) 0.60 1.1 2.3 2.6 3.3 4
GDP (USD Billion) 35.30 37.7 37.7 38.2 38.2 38.2
Gross Fixed Capital Formation (Million PYG) 16607810.00 14913979 15515043 17039613 17155868 17721198
GDP per capita (USD) 5645.98 5250 5250 5250 5250 5290
GDP per capita PPP (USD) 12335.47 12560 12560 12560 12560 12620
GDP Constant Prices (PYG Thousand) 55744290106.00 55895721 55895721 55895721 55895721 55895721
GDP From Agriculture (PYG Thousand) 2622124238.00 4342778397 2333695846 2690299468 2708654338 2797911447
GDP From Construction (PYG Thousand) 4118347955.00 4117652750 4129963245 4225425002 4254253438 4394442002
GDP From Manufacturing (PYG Thousand) 10977447554.00 10664160728 10465514458 10686226128 10686226128 11092302721
GDP From Services (PYG Thousand) 28450491357.00 25398767132 25048383587 25576639565 25576639565 26548551869
GDP From Utilities (PYG Thousand) 3591871286.00 2935535461 3009852436 3685259939 3710403038 3832670337

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 6.80 7 6.8 6.9 6.9 6.6
Minimum Wages (PYG Thousand/Month) 2289.32 2180 2180 2180 2180 2180
Population (Million) 7.35 7.45 7.45 7.45 7.55 7.55
Wages In Manufacturing (points) 304.80 300 300 300 300 300

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 11.40 11.3 8.7 7.2 4 2.5
Core Consumer Prices (points) 119.40 119 121 122 123 126
Core Inflation Rate (%) 8.20 7.8 6.5 5.1 4.6 4
Producer Prices (points) 154.40 154 155 156 159 159
Producer Prices Change (%) 18.49 15.1 8.4 5.5 2.5 2
Inflation Rate Mom (%) 0.20 0.6 0.5 0.4 0.4 0.3
CPI Housing Utilities (points) 113.40 120 120 120 117 123
CPI Transportation (points) 143.90 145 145 146 147 147
Consumer Price Index CPI (points) 122.10 122 123 124 125 127
Food Inflation (%) 18.40 20 17 14 12 8

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 7.75 7.75 8.25 8.5 8.5 8
Deposit Interest Rate (%) 3.37 3.87 4.37 4.62 4.62 4.62

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Thousands) -265552.00 -331143 -454270 -326255 -306188 -219921
Current Account (USD Million) -720.20 180 180 180 180 180
Current Account to GDP (% of GDP) 2.20 0.5 0.5 0.5 0.5 0.6
Exports (USD Thousands) 933867.00 833364 689479 792698 931803 949698
Imports (USD Thousands) 1199419.00 1164507 1143749 1118953 1237991 1169619

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 33.90 26 26 26 26 23
Government Budget (% of GDP) -5.50 -4 -4 -4 -4 -2.5
Government Spending (PYG Million) 11552601.00 7592914 7911039 11852969 11933837 12327087

Taxes Actual Q2 Q3 Q4 Q1 2023
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 25.50 25.5 25.5 25.5 25.5 25.5
Social Security Rate For Companies (%) 16.50 16.5 16.5 16.5 16.5 16.5
Social Security Rate For Employees (%) 9.00 9 9 9 9 9

Business Actual Q2 Q3 Q4 Q1 2023
Leading Economic Index (%) -4.30 3.2 -2.5 2.7 2.1 2.1
Changes In Inventories (Million PYG) 2248533.00 3223902 -1377 2815129 2815129 2604670

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (PYG Million) 46165093.00 41217463 43144244 47365385 47688541 49260001
Gasoline Prices (USD/Liter) 1.12 1.16 1.2 1.25 1.29 1.29


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Paraguay Forecast - was last updated on Wednesday, June 29, 2022.