Paraguay recorded a government debt equivalent to 22.90 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Paraguay averaged 24.45 percent from 1990 until 2019, reaching an all time high of 67 percent in 1990 and a record low of 8.10 percent in 2011. This page provides - Paraguay Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Paraguay is expected to reach 25.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Debt to GDP is projected to trend around 23.00 percent in 2021 and 22.00 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Paraguay Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
22.90 19.70 67.00 8.10 1990 - 2019 percent Yearly

Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 22.90 19.70 67.00 8.10 percent [+]
Government Budget -2.40 -1.30 4.50 -3.30 percent of GDP [+]
Military Expenditure 379.00 348.00 386.00 44.60 USD Million [+]
Credit Rating 46.00 [+]
Government Debt 10868.00 10780.40 10868.00 2350.60 USD Million [+]
Government Spending 6750300.00 6865996.00 8470518.00 274586.00 PYG Million [+]

Paraguay Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.