Paraguay Economic Statistics and Indicators

21, May 2018, EDT. Welcome to the Paraguay economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Paraguay › Change country
National or Regional Currency: Guarani, PYG
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 6,703,860 (July 2014 est.)
Area: total: 406,752 sq km ; land: 397,302 sq km ; water: 9,450 sq km
Natural Resources: hydropower, timber, iron ore, manganese, limestone
Capital: name: Asuncion ; geographic coordinates: 25 16 S, 57 40 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins first Sunday in October; ends fourth Sunday in March

Landlocked Paraguay has a market economy distinguished by a large informal sector, featuring re-export of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. On a per capita basis, real income has stagnated at 1980 levels. The economy grew rapidly between 2003 and 2008 as growing world demand for commodities combined with high prices and favorable weather to support Paraguay's commodity-based export expansion. Paraguay is the sixth largest soy producer in the world. Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract. The government reacted by introducing fiscal and monetary stimulus packages. Growth resumed at a 13% level in 2010, the highest in South America, but slowed in 2011-12 as the stimulus subsided and severe drought and outbreaks of foot-and-mouth disease led to a drop in beef and other agricultural exports. The economy took another leap in 2013, largely due to strong export growth. Political uncertainty, corruption, limited progress on structural reform, and deficient infrastructure are the main obstacles to long-term growth.
More on the Paraguay Economy
More on the Paraguay Export, Import and Trade

Economic Indicator Listing
  For Paraguay in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.014 %
GDP (Current Prices, National Currency)PYG 146,497.25 Billion.
GDP (Current Prices, US Dollars)US$ 28.077 Billion
GDP Deflator 503.792 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)PYG 4,152,612.61 .
GDP Per Capita (Current Prices, National Currency)PYG 20,920,509.92 .
GDP Per Capita (Current Prices, US Dollars)US$ 4,009.57
GDP (PPP), US DollarsUS$ 60.977 Billion
GDP Per Capita (PPP), US DollarsUS$ 8,707.79
GDP Share of World Total (PPP) 0.054 %
Implied PPP Conversion Rate 2,402.51
Investment (% of GDP) 16.733 %
Gross National Savings (% of GDP) 14.898 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 140.647 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.944 %
Inflation, End of Year (Indexed to Year 2000) 142.794 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 3.1 %
Import Volume of All Items Including Goods and Services (Percent Change) 0.542 %
Import Volumes of Goods Only (Percent Change) 0.542 %
Export Volume of All Items Including Goods and Services (Percent Change) -1.239 %
Export Volumes of Goods Only (Percent Change) -1.239 %
Unemployment Rate (% of Labour Force) 6.136 %
Population 7.003 Million
General government revenue (National Currency)PYG 32,213.97 Billions.
General government revenue (% of GDP) 21.989 %
General government total expenditure (National Currency)PYG 35,814.82 Billions.
General government total expenditure (% of GDP) 24.447 %
Total Government Net Lending/ Borrowing (National Currency)PYG -3,600.86 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.458 %
General Government Structural Balance (National Currency)PYG -4,271.69 Billion.
General Government Structural Balance (% Potential GDP) -2.982 %
Fiscal Year Gross Domestic Product, Current PricesPYG 146,497.25 Billions.
Current Account Balance (US Dollars)US$ -0.515 Billion
Current Account Balance (% GDP) -1.835 %
Economic Indicators for Paraguay 2015

GDP (Constant Prices, National Currency) for Paraguay in year 2015 is PYG 29,078.94 Billion.

GDP Growth (Constant Prices, National Currency) for Paraguay in year 2015 is 3.014 %.

GDP (Current Prices, National Currency) for Paraguay in year 2015 is PYG 146,497.25 Billion.

GDP (Current Prices, US Dollars) for Paraguay in year 2015 is US$ 28.077 Billion.

GDP Deflator for Paraguay in year 2015 is 503.792 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Paraguay in year 2015 is PYG 4,152,612.61 .

GDP Per Capita (Current Prices, National Currency) for Paraguay in year 2015 is PYG 20,920,509.92 .

GDP Per Capita (Current Prices, US Dollars) for Paraguay in year 2015 is US$ 4,009.57 .

GDP (PPP), US Dollars for Paraguay in year 2015 is US$ 60.977 Billion.

GDP Per Capita (PPP), US Dollars for Paraguay in year 2015 is US$ 8,707.79 .

GDP Share of World Total (PPP) for Paraguay in year 2015 is 0.054 %.

Implied PPP Conversion Rate for Paraguay in year 2015 is 2,402.51 .

Investment (% of GDP) for Paraguay in year 2015 is 16.733 %.

Gross National Savings (% of GDP) for Paraguay in year 2015 is 14.898 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Paraguay in year 2015 is 140.647 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Paraguay in year 2015 is 2.944 %.

Inflation, End of Year (Indexed to Year 2000) for Paraguay in year 2015 is 142.794 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Paraguay in year 2015 is 3.1 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Paraguay in year 2015 is 0.542 %.

Import Volumes of Goods Only (Percent Change) for Paraguay in year 2015 is 0.542 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Paraguay in year 2015 is -1.239 %.

Export Volumes of Goods Only (Percent Change) for Paraguay in year 2015 is -1.239 %.

Unemployment Rate (% of Labour Force) for Paraguay in year 2015 is 6.136 %.

Population for Paraguay in year 2015 is 7.003 Million .

General government revenue (National Currency) for Paraguay in year 2015 is PYG 32,213.97 Billions.

General government revenue (% of GDP) for Paraguay in year 2015 is 21.989 %.

General government total expenditure (National Currency) for Paraguay in year 2015 is PYG 35,814.82 Billions.

General government total expenditure (% of GDP) for Paraguay in year 2015 is 24.447 %.

Total Government Net Lending/ Borrowing (National Currency) for Paraguay in year 2015 is PYG -3,600.86 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Paraguay in year 2015 is -2.458 %.

General Government Structural Balance (National Currency) for Paraguay in year 2015 is PYG -4,271.69 Billion.

General Government Structural Balance (% Potential GDP) for Paraguay in year 2015 is -2.982 %.

Fiscal Year Gross Domestic Product, Current Prices for Paraguay in year 2015 is PYG 146,497.25 Billions.

Current Account Balance (US Dollars) for Paraguay in year 2015 is US$ -0.515 Billion.

Current Account Balance (% GDP) for Paraguay in year 2015 is -1.835 %.

* Source: IMF
Aggregate Indicators for Paraguay
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Paraguay
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Paraguay
  Natural Resources, Agricultural Products, Land Use and Water Use for Paraguay
  Nationality, Ethnic Groups, Languages and Religions for Paraguay
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Paraguay
  Age Structure, Median Age, Gender and Urbanization for Paraguay
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Paraguay
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Paraguay
  HIV, AIDS and Other Major Infectious Disease Rates for Paraguay
  Literacy Rate, Educational Expenditure and School Life Expectancy for Paraguay
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Paraguay
  Industries and Industrial Growth Production Rate for Paraguay
  Labor Force by Occupation for Paraguay
  Poverty Line, Gini Index, Household Income and Consumption for Paraguay
  National Budget and Public Debt for Paraguay
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Paraguay
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Paraguay
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Paraguay
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Paraguay
  Foreign Exchange Reserves and Gold Reserves for Paraguay
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Paraguay
  Exchange Rate Statistics for Paraguay
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Paraguay
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Paraguay
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Paraguay
  Television and Radio Statistics (TV Stats, Radio Stats) for Paraguay
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Paraguay
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Paraguay
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Paraguay
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Paraguay
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Paraguay
* Source: CIA
Internet Indicators for Paraguay
Indicators
  Number of Internet Users for Paraguay
  Internet Penetration Rate for Paraguay
  Number of Facebook Accounts for Paraguay
  Facebook Penetration Rate for Paraguay
* Source: IWS
Economic Freedom Indicators for Paraguay
Indicators
  Economic Freedom World Rank for Paraguay
  Government Spending for Paraguay
  Monetary Freedom for Paraguay
  Investment Freedom for Paraguay
  Financial Freedom for Paraguay
  Property Rights for Paraguay
  Economic Freedom Regional Ranking for Paraguay
  Freedom from Corruption for Paraguay
  Labor Freedom for Paraguay
  Tariff Rate for Paraguay
  Income Tax Rate for Paraguay
  Corporate Tax Rate for Paraguay
  Tax Burden % of GDP for Paraguay
  Government Expenditure % of GDP for Paraguay
  Business Freedom for Paraguay
  Trade Freedom for Paraguay
  Fiscal Freedom for Paraguay
  2016 Score for Paraguay
* Source: HFO
Paraguay Economic Indicators in other Years
  Paraguay Economic Indicators for Year 2021 (Forecast)
  Paraguay Economic Indicators for Year 2020 (Forecast)
  Paraguay Economic Indicators for Year 2019 (Forecast)
  Paraguay Economic Indicators for Year 2018 (Forecast)
  Paraguay Economic Indicators for Year 2017 (Forecast)
  Paraguay Economic Indicators for Year 2016 (Forecast)
Paraguay Economic Indicators for Year 2015 (Current)
  Paraguay Economic Indicators for Year 2014
  Paraguay Economic Indicators for Year 2013
  Paraguay Economic Indicators for Year 2012
  Paraguay Economic Indicators for Year 2011
  Paraguay Economic Indicators for Year 2010
  Paraguay Economic Indicators for Year 2009
  Paraguay Economic Indicators for Year 2008
  Paraguay Economic Indicators for Year 2007
  Paraguay Economic Indicators for Year 2006
  Paraguay Economic Indicators for Year 2005
  Paraguay Economic Indicators for Year 2004
  Paraguay Economic Indicators for Year 2003
  Paraguay Economic Indicators for Year 2002
  Paraguay Economic Indicators for Year 2001
  Paraguay Economic Indicators for Year 2000
  Paraguay Economic Indicators for Year 1999
  Paraguay Economic Indicators for Year 1998
  Paraguay Economic Indicators for Year 1997
  Paraguay Economic Indicators for Year 1996
  Paraguay Economic Indicators for Year 1995
  Paraguay Economic Indicators for Year 1994
  Paraguay Economic Indicators for Year 1993
  Paraguay Economic Indicators for Year 1992
  Paraguay Economic Indicators for Year 1991
  Paraguay Economic Indicators for Year 1990
  Paraguay Economic Indicators for Year 1989
  Paraguay Economic Indicators for Year 1988
  Paraguay Economic Indicators for Year 1987
  Paraguay Economic Indicators for Year 1986
  Paraguay Economic Indicators for Year 1985
  Paraguay Economic Indicators for Year 1984
  Paraguay Economic Indicators for Year 1983
  Paraguay Economic Indicators for Year 1982
  Paraguay Economic Indicators for Year 1981
  Paraguay Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International