Paraguay recorded a Current Account surplus of 349 USD Million in the first quarter of 2019. Current Account in Paraguay averaged 70.03 USD Million from 2000 until 2019, reaching an all time high of 686.20 USD Million in the second quarter of 2016 and a record low of -678.70 USD Million in the fourth quarter of 2014.
Current Account in Paraguay is expected to be 260.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Paraguay to stand at -300.00 in 12 months time. In the long-term, the Paraguay Current Account is projected to trend around 120.00 USD Million in 2020, according to our econometric models.