Paraguay's economy contracted by 1.8 percent on quarter in the first quarter of 2022, following a downwardly revised 9.0 percent expansion in the previous period. source: Banco Central del Paraguay
GDP Growth Rate in Paraguay averaged 0.96 percent from 2008 until 2022, reaching an all time high of 12 percent in the fourth quarter of 2020 and a record low of -14.78 percent in the second quarter of 2020. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
GDP Growth Rate in Paraguay is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay GDP Growth Rate is projected to trend around 0.30 percent in 2023, according to our econometric models.