GDP growth fell 95.2% to 0.200% in Paraguay in 2022, according to the National Statistical Office.
Historically, GDP growth in Paraguay reached an all time high of 12.0% in 1978 and an all time low of -3.04% in 1983. When compared to Paraguay's main peers, GDP growth in Argentina amounted to 4.04%, 3.80% in Bolivia, 2.79% in Brazil and 2.44% in Chile in 2022.
Paraguay has been ranked 162nd within the group of 172 countries we follow in terms of GDP growth, 7 places below the position seen 10 years ago.
GDP Growth | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Argentina | % | 10.4% | 4.04% | 2.02% | 2.02% | 2.00% | ||||||||||||||||
Bolivia | % | 6.11% | 3.80% | 3.20% | 3.00% | 2.80% | ||||||||||||||||
Brazil | % | 4.62% | 2.79% | 1.03% | 1.91% | 2.00% | ||||||||||||||||
Chile | % | 11.7% | 2.44% | -0.954% | 1.97% | 2.34% | ||||||||||||||||
Paraguay | % | 4.20% | 0.200% | 4.30% | 3.50% | 3.50% | ||||||||||||||||
Peru | % | 13.6% | 2.71% | 2.60% | 3.21% | 3.10% | ||||||||||||||||
Uruguay | % | 4.40% | 5.27% | 3.55% | 2.70% | 2.50% | ||||||||||||||||
Venezuela | % | 0.479% | 6.04% | 6.54% | ... | ... | ... | ... |