Paraguay
PRYLatin America & Caribbean Upper middle incomeCapital: AsuncionEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
76/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$55
2027▲ 5.7%
Population
6.9M
2024▲ 1.2%
GDP per Capita
$7,656
2027▲ 4.5%
Life Expectancy
73.8 years
2023▲ 2.1%
Paraguay in world space2000–2023
192 countries · log scale on X world Paraguay· trajectory line: 1980 → today
▶About Paraguay
Paraguay's GDP is $51.67B (2026), with a population of 6.9M, and GDP per capita of $7,324. Key indicators include real GDP growth of 3.7%, inflation at 3.7%, unemployment at 5.2%, government debt at 40.6% of GDP, life expectancy of 73.8 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Located in Latin America & Caribbean, this upper middle-income nation is projected to have a GDP of $51.669 billion in 2026, with a growth rate of 3.7%. The GDP per capita is expected to reach $7,324.156. Inflation is anticipated to be 3.7% in 2026. Trade is significant, with trade/GDP ratio at 76.83% in 2024. Unemployment is projected to be 4.803% in 2025. The capital, Asuncion, serves as the economic hub. The population is estimated to be 6,929,153 in 2024. Life expectancy stands at 73.844 years as of 2023. The society benefits from a relatively stable economic environment, supporting moderate growth and development.
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary21 indicators · 2021–2027 · IMF / WB
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 76.8% | 2024 | ▼ 6.8% | WB |
| Exports of Goods & Services (% of GDP) | 37.2% | 2024 | ▼ 11.6% | WB |
| Imports of Goods & Services (% of GDP) | 39.6% | 2024 | ▼ 1.8% | WB |
| Exports of Goods & Services (USD) | $16.54B | 2024 | ▼ 8.8% | WB |
| Imports of Goods & Services (USD) | $17.62B | 2024 | ▲ 1.3% | WB |
| Merchandise Exports (USD) | $10.88B | 2024 | ▼ 8.5% | WB |
| Merchandise Imports (USD) | $17.21B | 2024 | ▲ 6.9% | WB |
| FDI Inflows (% of GDP) | 2.5% | 2024 | ▼ 4.3% | WB |
| FDI Outflows (% of GDP) | 0.4% | 2024 | ▼ 47.0% | WB |
| FDI Net Inflows (USD) | $1.10B | 2024 | ▼ 1.3% | WB |
| Personal Remittances Received (USD) | $1.14B | 2024 | ▲ 22.1% | WB |
| Personal Remittances Received (% of GDP) | 2.6% | 2024 | ▲ 18.4% | WB |
| High-Tech Exports (% of manufactured) | 10.5% | 2024 | ▲ 5.3% | WB |
| Current Account Balance (% of GDP) | -3.4% | 2024 | ▼ 898.8% | WB |
| Current Account Balance (USD) | $-1.53B | 2024 | ▼ 929.8% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 69.7% | 2024 | ▲ 8.9% | WB |
| External Debt Stocks (USD) | $29.96B | 2024 | ▲ 12.6% | WB |
| Total Debt Service (% of GNI) | 4.6% | 2024 | ▲ 5.0% | WB |
| Present Value of External Debt (USD) | $14.59B | 2024 | — | WB |
| Use of IMF Credit (USD) | $375.9M | 2024 | ▼ 2.8% | WB |
| Net ODA Received (% of GNI) | 0.5% | 2023 | ▲ 122.4% | WB |
| Net ODA Received (USD) | $223.7M | 2023 | ▲ 127.8% | WB |
▶Finance7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 57.5% | 2024 | ▲ 9.8% | WB |
| Bank Capital to Assets Ratio (%) | 8.6% | 2023 | ▼ 3.7% | WB |
| Bank Nonperforming Loans (%) | 3.0% | 2023 | ▲ 2.5% | WB |
| Account Ownership at Financial Institution (%) | 60.9% | 2024 | ▲ 11.9% | WB |
| Account Ownership, Female (%) | 60.1% | 2024 | ▲ 8.6% | WB |
| Account Ownership, Male (%) | 61.8% | 2024 | ▲ 15.5% | WB |
| Firms Using Banks to Finance Investment (%) | 34.0% | 2023 | — | WB |
▶Business Environment1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 29 | 2023 | — | WB |
▶Private Sector6 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 12.5% | 2023 | — | WB |
| Firms with Female Top Manager (%) | 63.4% | 2023 | — | WB |
| Firms with Female Participation in Ownership (%) | 19.1% | 2023 | — | WB |
| Firms Offering Training (%) | 36.5% | 2023 | — | WB |
| Average Firm Age (years) | 71 years | 2023 | — | WB |
| Firms Using Computers (%) | 54.2% | 2023 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 6.9M | 2024 | ▲ 1.2% | WB |
| Population Growth (%) | 1.2% | 2024 | ▲ 0.3% | WB |
| Population Density (per km²) | 17 | 2023 | ▲ 1.2% | WB |
| Surface Area (sq km) | 406,752 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 396,012 | 2023 | ▼ 0.0% | WB |
| Urban Population (%) | 69.9% | 2024 | ▲ 0.7% | WB |
| Urban Population (total) | 4.8M | 2024 | ▲ 2.0% | WB |
| Rural Population (%) | 30.1% | 2024 | ▼ 1.7% | WB |
| Life Expectancy at Birth | 73.8 years | 2023 | ▲ 2.1% | WB |
| Life Expectancy, Male | 70.9 years | 2023 | ▲ 2.1% | WB |
| Life Expectancy, Female | 77.0 years | 2023 | ▲ 2.0% | WB |
| Fertility Rate (births per woman) | 2.4 | 2023 | ▼ 0.9% | WB |
| Birth Rate (per 1,000) | 20 | 2023 | ▼ 1.8% | WB |
| Death Rate (per 1,000) | 5.7 | 2023 | ▼ 10.3% | WB |
| Net Migration | -12,423 | 2025 | ▲ 0.2% | WB |
| Population Ages 0–14 (%) | 28.6% | 2024 | ▼ 0.7% | WB |
| Population Ages 15–64 (%) | 64.9% | 2024 | ▲ 0.0% | WB |
| Population Ages 65+ (%) | 6.5% | 2024 | ▲ 2.6% | WB |
| Age Dependency Ratio (%) | 54.1% | 2024 | ▼ 0.1% | WB |
| Old-Age Dependency Ratio (%) | 10.1% | 2024 | ▲ 2.6% | WB |
| Youth Dependency Ratio (%) | 44.1% | 2024 | ▼ 0.7% | WB |
| Mortality Rate, Adult Male (per 1,000) | 178.6 | 2023 | ▼ 11.3% | WB |
| Mortality Rate, Adult Female (per 1,000) | 96.4 | 2023 | ▼ 15.1% | WB |
▶Labor20 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 3.5M | 2025 | ▲ 1.5% | WB |
| Labor Force Participation (%) | 70.2% | 2025 | ▼ 0.0% | WB |
| Female Labor Force Participation (%) | 59.0% | 2025 | ▲ 0.1% | WB |
| Male Labor Force Participation (%) | 81.6% | 2025 | ▼ 0.1% | WB |
| Unemployment (%) | 4.8% | 2025 | ▼ 15.5% | WB |
| Female Unemployment (%) | 6.1% | 2025 | ▼ 17.3% | WB |
| Male Unemployment (%) | 3.9% | 2025 | ▼ 13.5% | WB |
| Youth Unemployment (%) | 11.7% | 2025 | ▼ 12.7% | WB |
| Employment in Agriculture (%) | 16.0% | 2025 | ▼ 1.5% | WB |
| Employment in Industry (%) | 19.0% | 2025 | ▲ 0.2% | WB |
| Employment in Services (%) | 65.1% | 2025 | ▲ 0.3% | WB |
| Self-Employed (%) | 70.2% | 2024 | ▼ 0.7% | WB |
| Vulnerable Employment (%) | 36.1% | 2025 | ▼ 1.0% | WB |
| Wage & Salaried Workers (% of total) | 58.7% | 2025 | ▲ 0.6% | WB |
| Part-Time Employment (%) | 32.8% | 2024 | ▼ 3.2% | WB |
| Employers (% of total employment) | 5.2% | 2025 | ▲ 0.3% | WB |
| Labor Force, Female (% of total) | 42.2% | 2025 | ▲ 0.2% | WB |
| Employment to Population Ratio (%) | 66.9% | 2025 | ▲ 0.9% | WB |
| Self-Employed (% of total) | 41.3% | 2025 | ▼ 0.8% | WB |
| NEET Youth (% not in education/employment) | 18.6% | 2017 | — | WB |
▶Education18 indicators · 2012–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 3.4% | 2023 | ▲ 0.3% | WB |
| Education Spending (% of govt expenditure) | 11.7% | 2025 | ▼ 47.9% | WB |
| Adult Literacy Rate (%) | 94.9% | 2024 | ▲ 0.3% | WB |
| Female Literacy Rate (%) | 94.3% | 2024 | ▲ 0.2% | WB |
| Male Literacy Rate (%) | 95.4% | 2024 | ▲ 0.5% | WB |
| Youth Literacy Rate (%) | 98.6% | 2024 | ▼ 0.3% | WB |
| Primary School Enrollment (%) | 89.4% | 2024 | ▼ 1.0% | WB |
| Secondary School Enrollment (%) | 79.1% | 2024 | ▼ 0.8% | WB |
| Primary Completion Rate (%) | 88.7% | 2024 | ▼ 1.7% | WB |
| Lower Secondary Completion Rate (%) | 75.5% | 2024 | ▲ 2.6% | WB |
| Out-of-School Children, Primary | 105,859 | 2024 | ▲ 8.8% | WB |
| Out-of-School Girls, Primary | 52,035 | 2024 | ▲ 12.3% | WB |
| Primary School Teachers | 34,694 | 2012 | — | WB |
| Secondary School Teachers | 34,286 | 2012 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 36.4% | 2016 | — | WB |
| Pupil-Teacher Ratio (Primary) | 96.7 | 2023 | ▲ 1.8% | WB |
| Education Spending, Secondary (% of govt) | 31.3% | 2016 | — | WB |
| Education Spending, Tertiary (% of govt) | 23.3% | 2016 | — | WB |
▶Health40 indicators · 2016–2024 · WHO
▶Energy & Environment14 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 1.2 | 2024 | ▲ 2.4% | WB |
| CO₂ Emissions (total kilotonnes) | 8 | 2024 | ▲ 3.7% | WB |
| Energy Use (kg oil eq. per capita) | 1,044 | 2023 | ▼ 0.1% | WB |
| Electric Power Consumption (kWh per capita) | 2,389 | 2023 | ▲ 7.9% | WB |
| Renewable Energy Consumption (%) | 58.8% | 2021 | — | WB |
| Access to Electricity (%) | 99.8% | 2023 | ▼ 0.2% | WB |
| Access to Clean Fuels for Cooking (%) | 71.3% | 2023 | ▲ 0.8% | WB |
| PM2.5 Air Pollution (µg/m³) | 10.1 | 2020 | — | WB |
| Forest Area (%) | 38.5% | 2023 | ▼ 1.8% | WB |
| Forest Area (sq km) | 152,643 | 2023 | ▼ 1.8% | WB |
| Arable Land (%) | 11.5% | 2023 | ▼ 0.0% | WB |
| Terrestrial Protected Areas (%) | 14.9% | 2024 | ▲ 4.2% | WB |
| Access to Basic Drinking Water (%) | 99.6% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 95.9% | 2024 | ▲ 0.7% | WHO |
▶Agriculture12 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 54.1% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 4,483 | 2023 | ▲ 27.9% | WB |
| Food Production Index (2014–2016=100) | 85.4 | 2022 | ▼ 22.4% | WB |
| Crop Production Index (2014–2016=100) | 74.8 | 2022 | ▼ 31.4% | WB |
| Livestock Production Index (2014–2016=100) | 113.5 | 2022 | ▲ 0.0% | WB |
| Land Under Cereal Production (hectares) | 1.5M | 2023 | ▼ 19.6% | WB |
| Total Fisheries Production (metric tonnes) | 17,975 | 2023 | ▲ 0.4% | WB |
| Fertilizer Consumption (kg per hectare) | 137.7 | 2023 | ▲ 42.3% | WB |
| Prevalence of Undernourishment (%) | 5.2% | 2023 | ▲ 18.2% | WB |
| Agricultural Irrigated Land (%) | 0.5% | 2023 | ▲ 0.0% | WB |
| Annual Freshwater Withdrawals (% of internal) | 2.1% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 6.9M | 2023 | ▲ 2.8% | WB |
▶Technology13 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 81.6% | 2024 | ▲ 4.5% | WB |
| Mobile Subscriptions (per 100 people) | 127 | 2023 | ▼ 1.2% | WB |
| Fixed Broadband Subscriptions (per 100) | 12.9 | 2023 | ▲ 15.5% | WB |
| Secure Internet Servers (per million) | 775.3 | 2024 | ▲ 20.5% | WB |
| R&D Spending (% of GDP) | 0.12% | 2022 | ▼ 17.0% | WB |
| Patent Applications, Residents | 10 | 2021 | — | WB |
| Patent Applications, Non-Residents | 354 | 2021 | — | WB |
| Scientific Journal Articles | 209 | 2022 | ▲ 9.8% | WB |
| High-Technology Exports (USD) | $185.6M | 2024 | ▲ 14.1% | WB |
| ICT Service Exports (% of service exports) | 0.7% | 2024 | ▲ 7.5% | WB |
| ICT Service Exports (USD) | $17.9M | 2024 | ▲ 16.2% | WB |
| Industrial Design Applications, Resident | 7 | 2021 | — | WB |
| Researchers in R&D (per million) | 133 | 2022 | ▼ 6.7% | WB |
▶Infrastructure7 indicators · 2000–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 407,865 | 2023 | ▲ 26.7% | WB |
| Air Transport, Freight (million ton-km) | 0.9 | 2023 | ▲ 4.0% | WB |
| Container Port Traffic (TEU) | 37,901 | 2020 | — | WB |
| Rail Lines (total km) | 441 | 2000 | — | WB |
| Logistics Performance Index (1–5) | 2.70 | 2022 | — | WB |
| Electricity from Oil (%) | 0.0% | 2023 | ▼ 16.8% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender6 indicators · 2012–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 23.8% | 2024 | ▲ 5.6% | WB |
| Female Labor Force Participation, 15+ (%) | 59.0% | 2024 | ▲ 0.0% | WB |
| Female Wage & Salaried Workers (%) | 59.0% | 2025 | ▲ 0.6% | WB |
| Adolescent Fertility Rate (per 1,000) | 70.3 | 2023 | ▼ 1.0% | WB |
| Gender Parity Index, Secondary | 1.07 | 2012 | — | WB |
| Gender Parity in Primary Education | 0.97 | 2015 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | -1.06 | 2023 | ▲ 3.0% | WB |
| Government Effectiveness | -0.46 | 2023 | ▲ 24.7% | WB |
| Political Stability | 0.08 | 2023 | ▲ 130.8% | WB |
| Regulatory Quality | -0.08 | 2023 | ▲ 53.5% | WB |
| Rule of Law | -0.58 | 2023 | ▲ 1.6% | WB |
| Voice & Accountability | 0.04 | 2023 | ▲ 1032.6% | WB |
| Control of Corruption (percentile rank) | 16.0% | 2023 | ▲ 6.2% | WB |
| Government Effectiveness (percentile rank) | 34.4% | 2023 | ▲ 15.9% | WB |
| Rule of Law (percentile rank) | 28.8% | 2023 | ▼ 4.7% | WB |
| Political Stability (percentile rank) | 49.3% | 2023 | ▲ 4.5% | WB |
▶Military6 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 0.9% | 2024 | ▲ 1.2% | WB |
| Military Expenditure (USD) | $414.0M | 2024 | ▲ 4.1% | WB |
| Armed Forces Personnel | 29,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.9% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 4.5% | 2024 | ▲ 4.1% | WB |
| Intentional Homicides (per 100,000) | 6.8 | 2023 | ▼ 10.5% | WB |
▶Poverty & Inequality12 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $2.15/day (%) | 2.1% | 2024 | ▼ 12.5% | WB |
| Poverty at $3.65/day (%) | 4.5% | 2024 | ▼ 22.4% | WB |
| Poverty at $6.85/day (%) | 20.5% | 2024 | ▼ 10.1% | WB |
| Poverty Headcount, National (%) | 20.1% | 2024 | ▼ 11.5% | WB |
| Gini Index | 44.2 | 2024 | ▲ 0.0% | WB |
| Income Share, Top 10% | 35.0% | 2024 | ▲ 2.0% | WB |
| Income Share, Bottom 10% | 2.0% | 2024 | ▲ 5.3% | WB |
| Income Share, Top 20% | 50.2% | 2024 | ▲ 0.8% | WB |
| Income Share, Bottom 20% | 5.3% | 2024 | ▲ 1.9% | WB |
| Shared Prosperity Premium (%) | -1.2% | 2021 | — | WB |
| Survey Mean Consumption (2017 PPP $ per day) | 18.2 | 2021 | — | WB |
| Poverty Gap at $2.15/day (%) | 0.5% | 2024 | ▼ 16.7% | WB |
▶Social Protection7 indicators · 2020–2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Social Insurance Coverage (%) | 5.7% | 2022 | ▼ 5.4% | — |
| Social Assistance Coverage (%) | 50.1% | 2022 | ▼ 9.2% | — |
| Social Protection Coverage (%) | 54.4% | 2022 | ▼ 7.7% | — |
| Human Capital Index (0–1) | 0.53 | 2020 | — | WB |
| Human Capital Index, Female | 0.53 | 2020 | — | WB |
| Human Capital Index, Male | 0.53 | 2020 | — | WB |
| Learning-Adjusted Years of School | 7.0 years | 2020 | — | WB |
▶Tourism6 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 1.1M | 2020 | — | WB |
| International Tourism, Departures | 214,000 | 2020 | — | WB |
| Tourism Receipts (USD) | $104.0M | 2020 | — | WB |
| Tourism Expenditures (USD) | $226.0M | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 0.8% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $23.0M | 2020 | — | WB |
▶Urban Development8 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 2.0% | 2024 | ▼ 12.4% | WB |
| Population in Largest City | 3.6M | 2025 | ▲ 1.6% | WB |
| Population in Largest City (% of urban) | 73.5% | 2025 | ▼ 0.3% | WB |
| Population in Agglomerations >1M (% of total) | 51.7% | 2025 | ▲ 0.4% | WB |
| Population in Slums (% of urban) | 15.1% | 2022 | ▲ 0.0% | WB |
| Rural Population Growth (%) | -0.5% | 2024 | ▲ 56.0% | WB |
| Access to Safely Managed Drinking Water (%) | 64.4% | 2024 | ▲ 0.1% | WHO |
| Access to Safely Managed Sanitation (%) | 58.5% | 2024 | ▲ 0.2% | WHO |
