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 October 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.

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Paraguay GDP

Actual Previous Highest Lowest Dates Unit Frequency
38.15 40.38 40.38 0.44 1965 - 2019 USD Billion Yearly
Current USD

Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate -8.60 0.40 10.70 -8.60 percent [+]
GDP Annual Growth Rate -6.50 4.40 13.70 -7.40 percent [+]
GDP 38.15 40.38 40.38 0.44 USD Billion [+]
Gross Fixed Capital Formation 9926960.00 11739499.00 12121468.00 697807.00 Million PYG [+]
GDP per capita 5310.63 5379.58 5379.58 1364.33 USD [+]
GDP per capita PPP 12684.60 12849.90 12849.90 8136.30 USD [+]
GDP Constant Prices 47354063160.00 55541144210.00 55541144210.00 22132596611.00 PYG Thousand [+]
GDP From Agriculture 4688715466.00 6752388460.00 6752388460.00 977159311.00 PYG Thousand [+]
GDP From Construction 3129303418.00 3357950811.00 3446337889.00 975621324.00 PYG Thousand [+]
GDP From Manufacturing 8993445603.00 10117139494.00 10552722392.00 5152598084.00 PYG Thousand [+]
GDP From Services 22547948878.00 25431856059.00 27533991478.00 9992102088.00 PYG Thousand [+]
GDP From Utilities 3205138758.00 4318513499.00 4750708819.00 1981744864.00 PYG Thousand [+]


Paraguay GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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