The Gross Domestic Product (GDP) in Paraguay was worth 38.15 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Paraguay represents 0.03 percent of the world economy.
GDP in Paraguay averaged 11.63 USD Billion from 1965 until 2019, reaching an all time high of 40.38 USD Billion in 2018 and a record low of 0.44 USD Billion in 1965. This page provides - Paraguay GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP - values, historical data and charts - was last updated on July of 2020. source: World Bank
GDP in Paraguay is expected to reach 36.20 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay GDP is projected to trend around 37.70 USD Billion in 2021 and 38.20 USD Billion in 2022, according to our econometric models.