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 | 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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 10 % | 2023 |
| Sales Tax Rate | 10 % | 2023 |
| Social Security Rate | 25.5 % | 2023 |
| Social Security Rate For Companies | 16.5 % | 2023 |
| Social Security Rate For Employees | 9 % | 2023 |
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 |
