Markets Actual Q2 Q3 Q4 Q1 2021
Currency 6619.97 6650 6680 6710 6740 6799

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) 1.40 -6 -1.3 0.3 1.5 2.6
GDP Annual Growth Rate (%) 3.50 2.1 2.3 -2.5 0.5 2.5
Unemployment Rate (%) 5.70 7.4 7.7 7.9 7.7 7.3
Inflation Rate (%) 2.00 2.2 2.1 2.2 2.4 3.2
Interest Rate (%) 1.25 1.25 1.25 1.25 1.5 2.5
Balance of Trade (USD Thousands) 92481.00 -260000 -240000 -105000 -320000 -105000
Current Account (USD Million) -322.50 400 280 120 120 180
Current Account to GDP (%) -1.20 0.2 0.2 0.2 0.4 0.4
Government Debt to GDP (%) 22.90 25 25 25 23 23
Government Budget (% of GDP) -2.40 -3.5 -3.5 -3.5 -2.5 -2.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) 1.40 -6 -1.3 0.3 1.5 2.6
GDP Annual Growth Rate (%) 3.50 2.1 2.3 -2.5 0.5 2.5
GDP (USD Billion) 42.00 43 43 43 44 44
Gross Fixed Capital Formation (Million PYG) 12121468.00 9775299 11251397 11818431 12182075 12113892
GDP per capita (USD) 5394.46 5700 5700 5700 5800 5800
GDP per capita PPP (USD) 12063.00 12700 12700 12700 11919 13000
GDP Constant Prices (PYG Thousand) 55147169340.00 51152095968 51157866892 53768490107 55422905187 55112702359
GDP From Agriculture (PYG Thousand) 3991873756.00 4031649939 2991511033 3892076912 4011833125 3989378835
GDP From Construction (PYG Thousand) 3446337889.00 2900281315 3416758235 3360179442 3463569578 3444183928
GDP From Manufacturing (PYG Thousand) 10552722392.00 10664160728 10465514458 10686226128 10686226128 11092302721
GDP From Services (PYG Thousand) 27533991478.00 25398767132 25048383587 25576639565 25576639565 26548551869
GDP From Utilities (PYG Thousand) 3836157874.00 3616221284 3556502619 3740253927 3855338663 3833760275

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 5.70 7.4 7.7 7.9 7.7 7.3
Minimum Wages (PYG Thousand/Month) 2192.84 2180 2180 2180 2180 2180
Population (Million) 7.15 7.3 7.3 7.25 7.25 7.35
Living Wage Family (PYG/Month) 2556300.00 2556300 2556300 2438000 2438000 2538000
Wages High Skilled (PYG/Month) 4899500.00 5038400 5038400 5068400 5068400 5080400
Wages In Manufacturing (points) 287.50 292 292 300 300 300

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) 2.00 2.2 2.1 2.2 2.4 3.2
Core Consumer Prices (points) 106.10 108 108 110 110 114
Core Inflation Rate (%) 2.30 3.5 3.7 3.9 3.9 4
Producer Prices (points) 125.60 125 126 127 128 130
Producer Prices Change (%) 1.60 1.7 1.9 2.1 2.3 2.6
Inflation Rate Mom (%) -0.20 0.2 0.4 0.3 0.3 0.4
Consumer Price Index Cpi (points) 106.30 107 107 108 109 112
CPI Housing Utilities (points) 106.30 108 108 108 109 112
CPI Transportation (points) 112.30 116 116 117 117 120
Food Inflation (%) 1.60 3.5 3.7 4 3.8 3.8

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 1.25 1.25 1.25 1.25 1.5 2.5
Deposit Interest Rate (%) 3.94 3.94 3.94 3.94 4.19 4.94

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (USD Thousands) 92481.00 -260000 -240000 -105000 -320000 -105000
Current Account (USD Million) -322.50 400 280 120 120 180
Current Account to GDP (%) -1.20 0.2 0.2 0.2 0.4 0.4
Imports (USD Thousands) 467325.00 910000 970000 1070000 1070000 1090000
Exports (USD Thousands) 559395.00 650000 730000 750000 750000 750000

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 22.90 25 25 25 23 23
Government Budget (% of GDP) -2.40 -3.5 -3.5 -3.5 -2.5 -2.5
Government Spending (PYG Million) 8470518.00 6745691 6687553 8258755 8512871 8465224

Taxes Actual Q2 Q3 Q4 Q1 2021
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 25.50 25.5 25.5 25.5 25.5 25.5
Social Security Rate For Companies (%) 16.50 16.5 16.5 16.5 16.5 16.5
Social Security Rate For Employees (%) 9.00 9 9 9 9 9

Business Actual Q2 Q3 Q4 Q1 2021
Leading Economic Index (%) 6.30 -5 -3 -1.5 0.7 2.1
Changes In Inventories (Million PYG) 2619065.00 3223902 -1377 2815129 2815129 2604670

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Spending (PYG Million) 41996860.00 38628174 39138155 40946939 42206844 41970612
Gasoline Prices (USD/Liter) 0.70 0.67 0.63 0.6 0.57 0.54


This page has economic forecasts for Paraguay including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Paraguay economy.