Paraguay
Capital: AsuncionRegion: Latin America & Caribbean Income: Upper middle income
GDP
$51.67B
2026
Population
6.9M
2024
GDP per Capita
$7K
2026
Life Expectancy
73.8 years
2023
Economy
| Indicator | Value | Year |
|---|---|---|
| GDP (Current USD, Billions) | $51.67B | 2026 |
| Real GDP Growth (%) | 3.7% | 2026 |
| GDP per Capita (USD) | $7K | 2026 |
| GDP, PPP (Billions Intl $) | $145.11B | 2026 |
| GDP per Capita, PPP (Intl $) | $21K | 2026 |
| Share of World GDP, PPP (%) | 0.07% | 2026 |
| GNI (Current USD) | $43.03B | 2024 |
| GNI per Capita (USD) | $6K | 2024 |
| GNI per Capita, PPP (USD) | $18K | 2024 |
| Industry Value Added (% of GDP) | 32.5% | 2024 |
| Services Value Added (% of GDP) | 48.7% | 2024 |
| Agriculture Value Added (% of GDP) | 10.7% | 2024 |
| Government Consumption (% of GDP) | 12.6% | 2024 |
| Household Consumption (% of GDP) | 67.0% | 2024 |
| Gross Capital Formation (% of GDP) | 22.8% | 2024 |
| Gross Savings (% of GNI) | 19.0% | 2024 |
| GDP Deflator (%) | 2.6% | 2024 |
| GDP per Person Employed (USD) | $34K | 2024 |
| Manufacturing Value Added (% of GDP) | 19.0% | 2024 |
| Medium/High-Tech Manufacturing (% of total) | 21.8% | 2022 |
| Adjusted Net National Income per Capita (USD) | $5K | 2021 |
| Adjusted Net Savings (% of GNI) | 17.6% | 2021 |
| External Balance on Goods & Services (% of GDP) | -2.4% | 2024 |
| Coal Rents (% of GDP) | 0.00% | 2021 |
| Mineral Rents (% of GDP) | 0.00% | 2021 |
| Oil Rents (% of GDP) | 0.07% | 2021 |
| Natural Gas Rents (% of GDP) | 0.00% | 2021 |
| Total Natural Resources Rents (% of GDP) | 1.3% | 2021 |
| Forest Rents (% of GDP) | 1.27% | 2021 |
| Industry Value Added (Current USD) | $14.44B | 2024 |
Fiscal & Monetary
| Indicator | Value | Year |
|---|---|---|
| Inflation, Consumer Prices (%) | 3.7% | 2026 |
| Govt Gross Debt (% of GDP) | 40.6% | 2026 |
| Fiscal Balance (% of GDP) | -1.3% | 2026 |
| Current Account Balance (% of GDP) | -3.7% | 2026 |
| Unemployment Rate (%) | 5.2% | 2026 |
| Inflation, CPI (%, World Bank) | 3.8% | 2024 |
| Lending Interest Rate (%) | 12.5% | 2021 |
| Deposit Interest Rate (%) | 3.4% | 2021 |
| Government Revenue (% of GDP) | 18.8% | 2024 |
| Tax Revenue (% of GDP) | 11.4% | 2024 |
| Taxes on Goods & Services (% of revenue) | 36.1% | 2024 |
| Taxes on Income, Profits & Capital Gains (% of rev) | 16.5% | 2024 |
| Net Investment in Nonfinancial Assets (% of GDP) | 2.1% | 2024 |
| Total Reserves incl. Gold (USD) | $9.89B | 2023 |
| Total Reserves (months of imports) | 6.0 | 2023 |
| Official Exchange Rate (per USD) | 7,560.25 | 2024 |
| Broad Money (% of GDP) | 52.6% | 2024 |
Trade
| Indicator | Value | Year |
|---|---|---|
| Trade (% of GDP) | 76.8% | 2024 |
| Imports of Goods & Services (% of GDP) | 39.6% | 2024 |
| Exports of Goods & Services (USD) | $16.54B | 2024 |
| Imports of Goods & Services (USD) | $17.62B | 2024 |
| Merchandise Exports (USD) | $10.88B | 2024 |
| Merchandise Imports (USD) | $17.21B | 2024 |
| FDI Inflows (% of GDP) | 2.5% | 2024 |
| FDI Outflows (% of GDP) | 0.4% | 2024 |
| FDI Net Inflows (USD) | $1.10B | 2024 |
| Personal Remittances Received (USD) | $1.14B | 2024 |
| Personal Remittances Received (% of GDP) | 2.6% | 2024 |
| High-Tech Exports (% of manufactured) | 10.5% | 2024 |
| Current Account Balance (% of GDP) | -3.4% | 2024 |
| Current Account Balance (USD) | $-1.53B | 2024 |
External Debt
| Indicator | Value | Year |
|---|---|---|
| External Debt (% of GNI) | 69.7% | 2024 |
| External Debt Stocks (USD) | $29.96B | 2024 |
| Total Debt Service (% of GNI) | 4.6% | 2024 |
| Present Value of External Debt (USD) | $14.59B | 2024 |
| Use of IMF Credit (USD) | $375.9M | 2024 |
| Net ODA Received (% of GNI) | 0.5% | 2023 |
Finance
| Indicator | Value | Year |
|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 57.5% | 2024 |
| Bank Capital to Assets Ratio (%) | 8.6% | 2023 |
| Bank Nonperforming Loans (%) | 3.0% | 2023 |
| Account Ownership at Financial Institution (%) | 60.9% | 2024 |
| Account Ownership, Female (%) | 60.1% | 2024 |
| Account Ownership, Male (%) | 61.8% | 2024 |
| Firms Using Banks to Finance Investment (%) | 34.0% | 2023 |
Business Environment
| Indicator | Value | Year |
|---|---|---|
| Time to Get Electricity (days) | 29 | 2023 |
Private Sector
| Indicator | Value | Year |
|---|---|---|
| Firms Expected to Pay Bribes (%) | 12.5% | 2023 |
| Firms with Female Top Manager (%) | 63.4% | 2023 |
| Firms with Female Participation in Ownership (%) | 19.1% | 2023 |
| Average Firm Age (years) | 71 years | 2023 |
| Firms Using Computers (%) | 54.2% | 2023 |
People
| Indicator | Value | Year |
|---|---|---|
| Population | 6.9M | 2024 |
| Population Growth (%) | 1.2% | 2024 |
| Population Density (per km²) | 17 | 2023 |
| Surface Area (sq km) | 406,752 | 2023 |
| Land Area (sq km) | 396,012 | 2023 |
| Urban Population (%) | 69.9% | 2024 |
| Urban Population (total) | 4.8M | 2024 |
| Rural Population (%) | 30.1% | 2024 |
| Life Expectancy at Birth | 73.8 years | 2023 |
| Life Expectancy, Male | 70.9 years | 2023 |
| Life Expectancy, Female | 77.0 years | 2023 |
| Fertility Rate (births per woman) | 2.4 | 2023 |
| Birth Rate (per 1,000) | 20.0 | 2023 |
| Death Rate (per 1,000) | 5.7 | 2023 |
| Net Migration | -12,423 | 2025 |
| Population Ages 0–14 (%) | 28.6% | 2024 |
| Population Ages 15–64 (%) | 64.9% | 2024 |
| Population Ages 65+ (%) | 6.5% | 2024 |
| Age Dependency Ratio (%) | 54.1% | 2024 |
| Mortality Rate, Adult Male (per 1,000) | 178.6 | 2023 |
| Mortality Rate, Adult Female (per 1,000) | 96.4 | 2023 |
Labor
| Indicator | Value | Year |
|---|---|---|
| Total Labor Force | 3.5M | 2025 |
| Labor Force Participation (%) | 70.2% | 2025 |
| Female Labor Force Participation (%) | 59.0% | 2025 |
| Male Labor Force Participation (%) | 81.6% | 2025 |
| Unemployment (%) | 4.8% | 2025 |
| Female Unemployment (%) | 6.1% | 2025 |
| Male Unemployment (%) | 3.9% | 2025 |
| Youth Unemployment (%) | 11.7% | 2025 |
| Employment in Agriculture (%) | 16.0% | 2025 |
| Employment in Industry (%) | 19.0% | 2025 |
| Employment in Services (%) | 65.1% | 2025 |
| Vulnerable Employment (%) | 36.1% | 2025 |
| Wage & Salaried Workers (% of total) | 58.7% | 2025 |
| Part-Time Employment (%) | 32.8% | 2024 |
| Employers (% of total employment) | 5.2% | 2025 |
| Labor Force, Female (% of total) | 42.2% | 2025 |
Education
| Indicator | Value | Year |
|---|---|---|
| Education Spending (% of GDP) | 3.4% | 2023 |
| Education Spending (% of govt expenditure) | 11.7% | 2025 |
| Adult Literacy Rate (%) | 94.9% | 2024 |
| Male Literacy Rate (%) | 95.4% | 2024 |
| Youth Literacy Rate (%) | 98.6% | 2024 |
| Primary School Enrollment (%) | 89.4% | 2024 |
| Secondary School Enrollment (%) | 79.1% | 2024 |
| Primary Completion Rate (%) | 88.7% | 2024 |
| Lower Secondary Completion Rate (%) | 75.5% | 2024 |
| Out-of-School Children, Primary | 105,859 | 2024 |
| Out-of-School Girls, Primary | 52,035 | 2024 |
| Expenditure per Student, Primary (% of GDP/cap) | 36.4% | 2016 |
Health
| Indicator | Value | Year |
|---|---|---|
| Health Spending (% of GDP) | 8.4% | 2023 |
| Health Spending per Capita (USD) | $527 | 2023 |
| Government Health Spending (% of GDP) | 4.6% | 2023 |
| Out-of-Pocket Health Spending (% of total) | 36.3% | 2023 |
| Physicians (per 1,000 people) | 3.9 | 2022 |
| Nurses & Midwives (per 1,000) | 9.4 | 2022 |
| Hospital Beds (per 1,000) | 1.0 | 2022 |
| Infant Mortality (per 1,000 live births) | 17.0 | 2023 |
| Under-5 Mortality, Female (per 1,000) | 15.3 | 2023 |
| Under-5 Mortality, Male (per 1,000) | 18.6 | 2023 |
| Cause of Death, Communicable (%) | 14.0% | 2019 |
| Cause of Death, Non-Communicable (%) | 74.9% | 2019 |
| Cause of Death, Injury (%) | 11.1% | 2019 |
| Measles Immunization (% of children) | 90.0% | 2024 |
| DPT Immunization (% of children) | 80.0% | 2024 |
| HIV Incidence (per 1,000) | 0.18 | 2024 |
| Tuberculosis Incidence (per 100,000) | 81 | 2024 |
| Smoking Prevalence, Males (%) | 17.6% | 2022 |
| Smoking Prevalence, Females (%) | 3.9% | 2022 |
| Suicide Mortality Rate (per 100,000) | 6.4 | 2021 |
| Alcohol Consumption (liters per capita) | 5.6 | 2020 |
Energy & Environment
| Indicator | Value | Year |
|---|---|---|
| Energy Use (kg oil eq. per capita) | 1,044 | 2023 |
| Electric Power Consumption (kWh per capita) | 2,389 | 2023 |
| Renewable Energy Consumption (%) | 58.8% | 2021 |
| Access to Clean Fuels for Cooking (%) | 71.3% | 2023 |
| PM2.5 Air Pollution (µg/m³) | 10.1 | 2020 |
| Forest Area (%) | 38.5% | 2023 |
| Forest Area (sq km) | 152,643 | 2023 |
| Terrestrial Protected Areas (%) | 14.9% | 2024 |
| Access to Basic Drinking Water (%) | 99.6% | 2024 |
| Access to Basic Sanitation (%) | 95.9% | 2024 |
Agriculture
| Indicator | Value | Year |
|---|---|---|
| Agricultural Land (%) | 54.1% | 2023 |
| Cereal Yield (kg per hectare) | 4,483 | 2023 |
| Food Production Index (2014–2016=100) | 85.4 | 2022 |
| Crop Production Index (2014–2016=100) | 74.8 | 2022 |
| Livestock Production Index (2014–2016=100) | 113.5 | 2022 |
| Land Under Cereal Production (hectares) | 1.5M | 2023 |
| Fertilizer Consumption (kg per hectare) | 137.7 | 2023 |
| Agricultural Irrigated Land (%) | 0.5% | 2023 |
| Annual Freshwater Withdrawals (% of internal) | 2.1% | 2022 |
Technology
| Indicator | Value | Year |
|---|---|---|
| Internet Users (%) | 81.6% | 2024 |
| Fixed Broadband Subscriptions (per 100) | 12.9 | 2023 |
| Secure Internet Servers (per million) | 775.3 | 2024 |
| R&D Spending (% of GDP) | 0.12% | 2022 |
| Patent Applications, Residents | 10 | 2021 |
| Patent Applications, Non-Residents | 354 | 2021 |
| Scientific Journal Articles | 209 | 2022 |
| High-Technology Exports (USD) | $185.6M | 2024 |
| ICT Service Exports (% of service exports) | 0.7% | 2024 |
| Industrial Design Applications, Resident | 7 | 2021 |
| Researchers in R&D (per million) | 133 | 2022 |
Infrastructure
| Indicator | Value | Year |
|---|---|---|
| Air Transport, Passengers Carried | 407,865 | 2023 |
| Air Transport, Freight (million ton-km) | 0.9 | 2023 |
| Container Port Traffic (TEU) | 37,901 | 2020 |
| Logistics Performance Index (1–5) | 2.70 | 2022 |
| Electricity from Oil (%) | 0.0% | 2023 |
| Electricity from Nuclear (%) | 0.0% | 2021 |
Gender
| Indicator | Value | Year |
|---|---|---|
| Women in Parliament (%) | 23.8% | 2024 |
| Female Labor Force Participation, 15+ (%) | 59.0% | 2024 |
| Female Wage & Salaried Workers (%) | 59.0% | 2025 |
| Adolescent Fertility Rate (per 1,000) | 70.3 | 2023 |
Governance
| Indicator | Value | Year |
|---|---|---|
| Control of Corruption | -1.06 | 2023 |
| Government Effectiveness | -0.46 | 2023 |
| Regulatory Quality | -0.08 | 2023 |
| Voice & Accountability | 0.04 | 2023 |
| Control of Corruption (percentile rank) | 16.0% | 2023 |
| Government Effectiveness (percentile rank) | 34.4% | 2023 |
| Rule of Law (percentile rank) | 28.8% | 2023 |
| Political Stability (percentile rank) | 49.3% | 2023 |
Military
| Indicator | Value | Year |
|---|---|---|
| Military Spending (% of GDP) | 0.9% | 2024 |
| Armed Forces (% of labor force) | 0.9% | 2020 |
| Intentional Homicides (per 100,000) | 6.8 | 2023 |
Poverty & Inequality
| Indicator | Value | Year |
|---|---|---|
| Poverty at $2.15/day (%) | 2.1% | 2024 |
| Poverty at $3.65/day (%) | 4.5% | 2024 |
| Poverty at $6.85/day (%) | 20.5% | 2024 |
| Gini Index | 44.2 | 2024 |
| Income Share, Top 10% | 35.0% | 2024 |
| Income Share, Bottom 10% | 2.0% | 2024 |
| Income Share, Top 20% | 50.2% | 2024 |
| Income Share, Bottom 20% | 5.3% | 2024 |
| Shared Prosperity Premium (%) | -1.2% | 2021 |
| Survey Mean Consumption (2017 PPP $ per day) | 18.20 | 2021 |
Social Protection
| Indicator | Value | Year |
|---|---|---|
| Social Assistance Coverage (%) | 50.1% | 2022 |
| Human Capital Index (0–1) | 0.53 | 2020 |
| Human Capital Index, Female | 0.53 | 2020 |
| Human Capital Index, Male | 0.53 | 2020 |
| Learning-Adjusted Years of School | 7.0 years | 2020 |
Tourism
| Indicator | Value | Year |
|---|---|---|
| International Tourism, Arrivals | 1.1M | 2020 |
| International Tourism, Departures | 214,000 | 2020 |
| Tourism Receipts (USD) | $104.0M | 2020 |
| Tourism Expenditures (USD) | $226.0M | 2020 |
| Tourism Receipts (% of total exports) | 0.8% | 2020 |
| International Tourism, Transport Services (USD) | $23.0M | 2020 |
Urban Development
| Indicator | Value | Year |
|---|---|---|
| Population in Largest City | 3.6M | 2025 |
| Population in Agglomerations >1M (% of total) | 51.7% | 2025 |
| Population in Slums (% of urban) | 15.1% | 2022 |
| Rural Population Growth (%) | -0.5% | 2024 |
| Access to Safely Managed Sanitation (%) | 58.5% | 2024 |