Indicators of economy in Paraguay

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Paraguay, on the other hand, reached USD 5,891 per capita, or 39.50 billion USD for the whole country. Paraguay is therefore currently ranked 96 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Paraguay ranks 97th in the list of the richest countries.

Inflation in Paraguay in 2021 was around 4.79%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 61.4 percent lower.
The index for perceived corruption in the public sector is 30, which is rather poor by global standards.


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