Paraguay recorded a Government Debt to GDP of 33.90 percent of the country's Gross Domestic Product in 2020. source: Ministerio de Hacienda, Paraguay

Government Debt to GDP in Paraguay averaged 24.76 percent from 1990 until 2020, 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 December of 2021.

Government Debt to GDP in Paraguay is expected to reach 34.00 percent of GDP by the end of 2021, 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 26.00 percent of GDP in 2022 and 23.00 percent of GDP in 2023, according to our econometric models.

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Paraguay Government Debt to GDP


Related Last Previous Unit Reference
Government Debt to GDP 33.90 22.90 percent of GDP Dec/20
Government Budget -7.30 -2.80 percent of GDP Dec/20
Government Debt 13310.30 13163.20 USD Million Aug/21
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.