Gross debt in Paraguay

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.
The gross debt in Paraguay in the period from 1998 to 2020 was between 1.9 billion and 7.9 billion USD. The hightest level within the past 22 years was reached in 2019. However, the liabilities in 2020 have been only eight billion USD
Based on the number of inhabitants, this is in Paraguay a debt of 1,087 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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