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Economy of Paraguay. Statistics, Data and Indicators

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Paraguay
41BB Credit rank #72
N/A Quality of life #
137 Corruption rank#122
125 Ease of doing business#105
Paraguay


Paraguay Major Economic Indicators

Indicator Data Period
GDP Value 41.72 USD Billion 2022
GDP Annual Growth Rate 5.9 % 2Q/23
GDP Growth Rate 2.3 % 1Q/23
GDP per capita 6193 USD 2022
Inflation Rate YoY 3.5 % Sep/23
Interest Rate 8 % Sep/23
Unemployment Rate 6.5 % 1Q/23
Balance of Trade -413597 USD Thousand | -0.414 B USD Sep/23
Current Account 421 USD Million | 0.421 B USD 2Q/23
Foreign Exchange Reserves 9103 USD Million | 9.103 B USD Aug/23
Government Debt 16047 USD Million | 16.047 B USD Aug/23


GDP Indicators

Indicator Data Period
GDP Value 41.72 USD Billion 2022
GDP Annual Growth Rate 5.9 % 2Q/23
GDP Growth Rate 2.3 % 1Q/23
GDP per capita 6193 USD 2022
GDP Constant Prices 54414184448 PYG Thousand | 7.453 B USD 2Q/23
GDP per capita PPP 13531 USD 2022
GDP From Agriculture  4154415360 PYG Thousand | 0.569 B USD 2Q/23
GDP From Construction  3636671744 PYG Thousand | 0.498 B USD 2Q/23
GDP From Manufacturing  10347294720 PYG Thousand | 1.417 B USD 2Q/23
GDP From Services  26512488448 PYG Thousand | 3.632 B USD 2Q/23
GDP From Utilities  3928637440 PYG Thousand | 0.538 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 32.7 % 2022
Government Spending 8290566 PYG Million | 1.136 USD Billion 2Q/23
Government Debt 16047 USD Million | 16.047 USD Billion Aug/23
Government Budget to GDP -4 % 2021
Military Expenditure 366 USD Million | 0.366 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 128 index points Sep/23
Food Inflation 4 % Sep/23
Gasoline Prices 0.86 USD/Liter Sep/23
GDP Deflator 138 index points 1Q/23
Inflation Rate YoY 3.5 % Sep/23
Producer Prices 157 Index Points Aug/23
Inflation Rate Mom 0.5 % Sep/23
Core Consumer Prices 128 Index Points Sep/23
Core Inflation Rate 4.8 % Sep/23
CPI Housing Utilities 115 Index Points Sep/23
CPI Transportation 148 Index Points Sep/23
Producer Prices Change  0.51 % Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -5.2 % 2022
Balance of Trade -413597 USD Thousand | -0.414 USD Billion Sep/23
Capital Flows 657 USD Million | 0.657 B USD 1Q/23
Current Account 421 USD Million | 0.421 USD Billion 2Q/23
Exports 982273 USD Thousand | 0.982 USD Billion Sep/23
External Debt 13182644 USD Thousand | 13.183 USD Billion Jun/23
Foreign Exchange Reserves 9103 USD Million | 9.103 B USD Aug/23
Imports 1395870 USD Thousand | 1.396 USD Billion Sep/23


Money Indicators

Indicator Data Period
Gold Reserves 8.19 Tonnes 2Q/23
Interest Rate 8 % Sep/23
Loans to Private Sector 70813248 PYG Million | 12.44 USD Billion Mar/18
Money Supply M0 17506940 PYG Million | 2.398 B USD Aug/23
Money Supply M1 40441472 PYG Million | 5.539 B USD Aug/23
Money Supply M2 70534184 PYG Million | 9.661 B USD Aug/23
Money Supply M3 131366760 PYG Million | 17.994 B USD Aug/23
Deposit Interest Rate 3.42 % 2021
Foreign Direct Investment -156 USD Million | -0.156 B USD 2Q/23


Labor Indicators

Indicator Data Period
Minimum Wages 2680 PYG Thou/Month | 367.093 USD/Month Sep/23
Unemployment Rate 6.5 % 1Q/23
Employed Persons 3611609 Person | 3.612 Million Person 2Q/23
Living Wage Family 2556300 PYG/Month | 377.021 USD/Month 2018
Living Wage Individual 1529700 PYG/Month | 225.611 USD/Month 2018
Unemployed Persons 242982 Persons | 0.243 Million Persons 1Q/23
Wages High Skilled 4899500 PYG/Month | 722.612 USD/Month 2018
Wages Low Skilled  2700600 PYG/Month | 398.303 USD/Month 2018


Taxes



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  6.9 % Jul/23


Consumer Indicators

Indicator Data Period
Consumer Spending 50824824 PYG Million | 6.962 USD Billion 2Q/23