Government Debt to GDP in Paraguay increased to 34.20 percent in 2020 from 22.90 percent in 2019. source: Ministerio de Hacienda, Paraguay

Government Debt to GDP in Paraguay averaged 24.77 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 May of 2021.

Government Debt to GDP in Paraguay is expected to reach 23.00 percent 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 23.00 percent in 2022 and 22.00 percent in 2023, according to our econometric models.

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Paraguay Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
34.20 22.90 67.00 8.10 1990 - 2020 percent Yearly

Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 34.20 22.90 67.00 8.10 percent [+]
Government Budget -2.80 -1.30 4.50 -3.30 percent of GDP [+]
Military Expenditure 416.00 387.00 416.00 45.40 USD Million [+]
Credit Rating 46.00 [+]
Government Debt 11015.50 10959.90 11015.50 2350.60 USD Million [+]
Government Spending 9412207.00 7109585.00 9412207.00 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.