Economy of Paraguay. Statistics, Data and Indicators
Paraguay
| 41BB | Credit rank #72 |
| N/A | Quality of life # |
| 137 | Corruption rank#122 |
| 125 | Ease of doing business#105 |
Paraguay Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 39.5 USD Billion | 2021 |
| GDP Annual Growth Rate | 1.7 % | 4Q/22 |
| GDP Growth Rate | 7.9 % | 4Q/22 |
| GDP per capita | 6265 USD | 2021 |
| Inflation Rate YoY | 6.9 % | Feb/23 |
| Interest Rate | 8.5 % | Mar/23 |
| Unemployment Rate | 6.3 % | 3Q/22 |
| Balance of Trade | -216100 USD Thousand | -0.216 B USD | Feb/23 |
| Current Account | -844 USD Million | -0.844 B USD | 3Q/22 |
| Foreign Exchange Reserves | 8417 USD Million | 8.417 B USD | Feb/23 |
| Government Debt | 14937 USD Million | 14.937 B USD | Nov/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 39.5 USD Billion | 2021 |
| GDP Annual Growth Rate | 1.7 % | 4Q/22 |
| GDP Growth Rate | 7.9 % | 4Q/22 |
| GDP per capita | 6265 USD | 2021 |
| GDP Constant Prices | 56455892992 PYG Thousand | 7.873 B USD | 4Q/22 |
| GDP per capita PPP | 13688 USD | 2021 |
| GDP From Agriculture | 360444864 PYG Thousand | 0.05 B USD | 4Q/22 |
| GDP From Construction | 3578906624 PYG Thousand | 0.499 B USD | 4Q/22 |
| GDP From Manufacturing | 105847208 PYG Thousand | 0.015 B USD | 4Q/22 |
| GDP From Services | 28395030528 PYG Thousand | 3.96 B USD | 4Q/22 |
| GDP From Utilities | 4289812480 PYG Thousand | 0.598 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 34.6 % | 2021 |
| Government Spending | 10655434 PYG Million | 1.486 USD Billion | 4Q/22 |
| Government Debt | 14937 USD Million | 14.937 USD Billion | Nov/22 |
| Government Budget to GDP | -5.5 % | 2021 |
| Military Expenditure | 373 USD Million | 0.373 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 127 index points | Feb/23 |
| Food Inflation | 6.8 % | Feb/23 |
| Gasoline Prices | 1.05 USD/Liter | Mar/23 |
| GDP Deflator | 56455892 index points | 4Q/22 |
| Inflation Rate YoY | 6.9 % | Feb/23 |
| Producer Prices | 163 Index Points | Feb/23 |
| Inflation Rate Mom | 0.5 % | Feb/23 |
| Core Consumer Prices | 125 Index Points | Feb/23 |
| Core Inflation Rate | 7.6 % | Feb/23 |
| CPI Housing Utilities | 115 Index Points | Feb/23 |
| CPI Transportation | 151 Index Points | Feb/23 |
| Producer Prices Change | 6.5 % | Feb/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 0.8 % | 2021 |
| Balance of Trade | -216100 USD Thousand | -0.216 USD Billion | Feb/23 |
| Capital Flows | -305 USD Million | -0.305 B USD | 3Q/22 |
| Current Account | -844 USD Million | -0.844 USD Billion | 3Q/22 |
| Exports | 781088 USD Thousand | 0.781 USD Billion | Feb/23 |
| External Debt | 12985740 USD Thousand | 12.986 USD Billion | Feb/23 |
| Foreign Exchange Reserves | 8417 USD Million | 8.417 B USD | Feb/23 |
| Imports | 997188 USD Thousand | 0.997 USD Billion | Feb/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 8.19 Tonnes | 4Q/22 |
| Interest Rate | 8.5 % | Mar/23 |
| Loans to Private Sector | 70813248 PYG Million | 12.44 USD Billion | Mar/18 |
| Money Supply M0 | 17292980 PYG Million | 2.411 B USD | Jan/23 |
| Money Supply M1 | 40230864 PYG Million | 5.61 B USD | Jan/23 |
| Money Supply M2 | 66754748 PYG Million | 9.309 B USD | Jan/23 |
| Money Supply M3 | 119842624 PYG Million | 16.712 B USD | Jan/23 |
| Deposit Interest Rate | 3.42 % | 2021 |
| Foreign Direct Investment | -81.1 USD Million | -0.081 B USD | 3Q/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 2550 PYG Thou/Month | 355.593 USD/Month | Feb/23 |
| Unemployment Rate | 6.3 % | 3Q/22 |
| Employed Persons | 3517762 Person | 3.518 Million Person | 3Q/22 |
| Living Wage Family | 2556300 PYG/Month | 377.021 USD/Month | 2018 |
| Living Wage Individual | 1529700 PYG/Month | 225.611 USD/Month | 2018 |
| Unemployed Persons | 238352 Persons | 0.238 Million Persons | 3Q/22 |
| Wages High Skilled | 4899500 PYG/Month | 722.612 USD/Month | 2018 |
| Wages Low Skilled | 2700600 PYG/Month | 398.303 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 10 % | 2022 |
| Sales Tax Rate | 10 % | 2022 |
| Social Security Rate | 25.5 % | 2022 |
| Social Security Rate For Companies | 16.5 % | 2022 |
| Social Security Rate For Employees | 9 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Steel Production | 3 Thousand Tonnes | Dec/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 28 index points | 2022 |
| Corruption Rank | 137 place | 2022 |
| Ease of Doing Business | 125 place | 2019 |
| Competitiveness Index | 53.63 Index Points | 2019 |
| Competitiveness Rank | 97 | 2019 |
| Leading Economic Index | 4.5 % | Jan/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 53506944 PYG Million | 7.461 USD Billion | 4Q/22 |
