Income share held by lowest 10% reached 1.70 % in 2017 in Paraguay, according to the National Statistical Office. This is 6.25 % more than in the previous year.
Historically, income share held by lowest 10% in Paraguay reached an all time high of 2.20 % in 1990 and an all time low of 0.700 % in 1995. When compared to Paraguay's main peers, income share held by lowest 10% in Argentina amounted to 1.90 %, 1.20 % in Bolivia, 1.00 % in Brazil and 1.90 % in Chile in 2017.
Paraguay has been ranked 18th within the group of 25 countries we follow in terms of income share held by lowest 10%, 52 places above the position seen 10 years ago.
The percentage share of income or consumption is the share that accrues to subgroups of the population indicated by deciles or quintiles.