Paraguay recorded a Government Budget deficit equal to 7.30 percent of the country's Gross Domestic Product in 2020. source: Ministerio de Hacienda, Paraguay
Government Budget in Paraguay averaged -0.48 percent of GDP from 1990 until 2020, 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 January of 2022.
Government Budget in Paraguay is expected to reach -8.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Budget is projected to trend around -5.00 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.