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COUNTRY OUTLOOK / PY

Paraguay

Unverified rate framework · ISO:PY

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalAsuncion
RegionLatin America & Caribbean
Income groupUpper middle income
CurrencyParaguayan guaraní
GDP$49.28B2025 · current US$
Real GDP growth6.64%2025 · annual %
Population7.01M2025 · people
GDP per capita$7,026.622025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Paraguay's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:PY
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

6.64% · 2025 · annual %

Real GDP growth · annual %-0.82%2.91%6.64%2014: 5.30123864473624 annual %2015: 2.95715168367079 annual %2016: 4.26802583314583 annual %2017: 4.81007885554041 annual %2018: 3.20425034076639 annual %2019: -0.40185510068001 annual %2020: -0.819785390971916 annual %2021: 3.99461510731535 annual %2022: -0.0280771723899278 annual %2023: 5.28584584975323 annual %2024: 4.66914577981763 annual %2025: 6.64262511156879 annual %20142025
View annual observations
YearValue (annual %)
20256.643
20244.669
20235.286
2022-0.028
20213.995
2020-0.820
2019-0.402
20183.204
20174.810
20164.268
20152.957
20145.301
World Bank source & definition ↗

Economy

GDP$49.28B2025 · current US$Source & definition ↗
Real GDP growth6.64%2025 · annual %Source & definition ↗
GDP per capita$7,026.622025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 141.53B2025 · current international $Source & definition ↗

People

Population7.01M2025 · peopleSource & definition ↗
Population growth1.20%2025 · annual %Source & definition ↗
Urban population70.39%2025 · % of populationSource & definition ↗
Life expectancy73.982024 · yearsSource & definition ↗
Unemployment · ILO estimate4.80%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+70.25%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing11.64%2025 · % of GDPSource & definition ↗
Industry including construction32.32%2025 · % of GDPSource & definition ↗
Services48.07%2025 · % of GDPSource & definition ↗
Manufacturing19.43%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services37.18%2025 · % of GDPSource & definition ↗
Imports of goods & services39.30%2025 · % of GDPSource & definition ↗
Current account balance-3.18%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows2.40%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation4.04%2025 · annual %Source & definition ↗
Central government debtNot available% of GDP
Tax revenue11.33%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector55.70%2025 · % of GDPSource & definition ↗
Total reserves including gold$9.57B2024 · current US$Source & definition ↗

Infrastructure

Internet use81.58%2024 · % of populationSource & definition ↗
Access to electricity99.80%2024 · % of populationSource & definition ↗

Geography

Surface area406,7522023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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