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GDP Growth in Paraguay

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Jun 1, 2021

Paraguay's GDP growth amounted to 3.36 % in 2018 according to the the National Statistical Office. This is 1.59 % less than in the previous year (4.95 %).

Historically, GDP growth in Paraguay reached an all time high of 12.0 % in 1978 and an all time low of % in. When compared to Paraguay's main peers, GDP growth in Argentina amounted to -2.57 %, 4.22 % in Bolivia, 1.32 % in Brazil and 3.95 % in Chile in 2018.

Paraguay has been ranked 87th within the group of 174 countries we follow in terms of GDP growth, 45 places behind the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.


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