Paraguay recorded a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in 2021. source: Ministerio de Hacienda, Paraguay

Government Budget in Paraguay averaged -0.64 percent of GDP from 1990 until 2021, reaching an all time high of 4.50 percent of GDP in 1990 and a record low of -7.30 percent of GDP in 2020. This page provides - Paraguay Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Budget - values, historical data and charts - was last updated on July of 2022.

Government Budget in Paraguay is expected to reach -4.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Budget is projected to trend around -2.50 percent of GDP in 2023, according to our econometric models.

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Paraguay Government Budget



Related Last Previous Unit Reference
Government Debt to GDP 33.90 22.90 percent of GDP Dec 2020
Government Budget -5.50 -7.30 percent of GDP Dec 2021
Government Debt 13901.60 13805.90 USD Million Feb 2022

Paraguay Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-5.50 -7.30 4.50 -7.30 1990 - 2021 percent of GDP Yearly