Paraguay recorded a Current Account deficit of 5.20 percent of the country's Gross Domestic Product in 2022. source: Banco Central del Paraguay

Current Account to GDP in Paraguay averaged -1.31 percent of GDP from 1980 until 2022, reaching an all time high of 7.80 percent of GDP in 1990 and a record low of -11.60 percent of GDP in 1987. This page provides - Paraguay Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Paraguay Current Account to GDP



Related Last Previous Unit Reference
Balance of Trade 229500.00 18000.00 USD Thousands Apr 2023
Current Account to GDP -5.20 0.90 percent of GDP Dec 2022
Current Account -745.90 -844.20 USD Million Dec 2022
Exports 1214100.00 1322700.00 USD Thousands Apr 2023
Imports 984600.00 1304700.00 USD Thousands Apr 2023
Remittances 41924.00 42577.90 USD Million Jan 2023
External Debt 13175189.00 12996241.00 USD Thousand Apr 2023
Foreign Direct Investment 89.30 -81.10 USD Million Dec 2022
Capital Flows -333.60 -305.20 USD Million Dec 2022

Paraguay Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-5.20 0.90 7.80 -11.60 1980 - 2022 percent of GDP Yearly