Paraguay GDP Growth Rate

The Gross Domestic Product (GDP) in Paraguay contracted 0.90 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Paraguay averaged 0.98 percent from 2008 until 2019, reaching an all time high of 10.70 percent in the fourth quarter of 2011 and a record low of -6.40 percent in the third quarter of 2011.

GDP Growth Rate in Paraguay is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Paraguay to stand at 5.40 in 12 months time. In the long-term, the Paraguay GDP Growth Rate is projected to trend around 6.30 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-09-28	05:30 PM	GDP Growth Rate QoQ Q2	-0.3%	-0.5%	1.3%
2018-12-21	04:10 PM	GDP Growth Rate QoQ Q3	-5.2%	-1.0%	-1.6%
2019-03-29	05:00 PM	GDP Growth Rate QoQ Q4	0.8%	-5.2%	4.5%
2019-06-28	05:00 PM	GDP Growth Rate QoQ Q1	-0.9%	0.8%	0.4%
2019-09-30	05:30 PM	GDP Growth Rate QoQ Q2		-0.9%	-1%
2019-12-23	05:30 PM	GDP Growth Rate QoQ Q3			0.6%

Paraguay GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	-0.90	0.80	10.70	-6.40	percent	[+]
GDP Annual Growth Rate	-2.00	1.00	13.70	-7.40	percent	[+]
GDP	40.84	39.01	40.84	0.44	USD Billion	[+]
Gross Fixed Capital Formation	11246633.00	11330247.00	11330247.00	697807.00	Million PYG	[+]
GDP per capita	5394.46	5272.58	5394.46	1364.33	USD	[+]
GDP per capita PPP	12063.00	11790.50	12063.00	7617.00	USD	[+]
GDP Constant Prices	53628640.00	53576771.00	54747646.00	22132597.00	PYG Thousand	[+]
GDP From Agriculture	5725767921.00	3452697245.00	6500066703.00	977159311.00	PYG Thousand	[+]
GDP From Construction	3021935442.00	3102907794.00	3321971243.00	975621324.00	PYG Thousand	[+]
GDP From Manufacturing	10258616819.00	10313328086.00	10483239200.00	5152598084.00	PYG Thousand	[+]
GDP From Services	25044257756.00	26532190815.00	26532190815.00	9992102088.00	PYG Thousand	[+]
GDP From Utilities	4149820643.00	4526448579.00	4713195246.00	1981744864.00	PYG Thousand	[+]

The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.90	0.80	10.70	-6.40	2008 - 2019	percent	Quarterly

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Country	Last		Previous	Range
United States	3.10	Mar/19	2.2	16.7 : -10	%
China	1.60	Jun/19	1.4	2.4 : 1.4	%
India	1.60	Dec/18	1.5	5.4 : -1.7	%
Turkey	1.30	Mar/19	-2.4	5.6 : -5.2	%
Saudi Arabia	1.07	Dec/18	1.49	8.51 : -2.14	%
Spain	0.70	Mar/19	0.6	1.6 : -1.6	%
Japan	0.60	Mar/19	0.5	3.2 : -4.8	%
Switzerland	0.60	Mar/19	0.3	2.4 : -1.9	%
Netherlands	0.50	Mar/19	0.5	1.7 : -3.6	%
United Kingdom	0.50	Mar/19	0.2	5 : -2.7	%
Australia	0.40	Mar/19	0.2	4.4 : -2	%
Euro Area	0.40	Mar/19	0.2	1.3 : -3	%
Germany	0.40	Mar/19	0	4 : -4.5	%
France	0.30	Mar/19	0.4	8 : -5.3	%
Canada	0.10	Mar/19	0.1	3.1 : -2.3	%
Italy	0.10	Mar/19	-0.1	6 : -2.7	%
Argentina	-0.20	Mar/19	-1.3	5 : -5.7	%
Brazil	-0.20	Mar/19	0.1	4 : -4	%
Mexico	-0.20	Mar/19	0	3.2 : -5.7	%
Russia	-0.40	Mar/19	0.1	4.1 : -5.4	%
South Korea	-0.40	Mar/19	0.9	7.8 : -7	%
Indonesia	-0.52	Mar/19	-1.69	4.21 : -3.57	%
South Africa	-3.20	Mar/19	1.4	7.6 : -6.1	%
Singapore	-3.40	Jun/19	3.8	27.2 : -10.9	%