Paraguay—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #29 of 117Updated April 2026
Latest Value
34.0%
2023
YoY Change
-25.3%
2017 → 2023
Global Rank
#29
of 117 countries
Maximum
45.5%
2017
Minimum
8.2%
2006
CAGR
+8.7%
4 years
Last
34.0%
Previous
45.5%
Highest
45.5%
Lowest
8.2%
Source
World Bank World Development Indicators
Paraguay's firms using banks to finance investment (%) was 34.0% in 2023, ranking #29 out of 117 countries. This represents a -25.3% change from 2017. Over the past 4 years, the highest recorded value was 45.5% (2017) and the lowest was 8.2% (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 34.0% | -25.3% |
| 2017 | 45.5% | +51.4% |
| 2010 | 30.1% | +264.8% |
| 2006 | 8.2% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.