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Indicators of economy in Paraguay

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Paraguay reached 5.415 US dollars per inhabitant, or 38.15 bn US Dollar in the whole country. Paraguay is therefore currently ranked 97 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Paraguay is in the list of the world's richest countries in place 99.

Inflation in Paraguay was in 2019 at around 2.76%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 50.62% lower.
The Corruption Perceptions Index for the public sector counts 28 and is compared to other countries very bad.


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Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Paraguay
Total
Paraguay
per capita
EU
Total
EU
per capita
GDP38.15 bn USD5,414.80 USD15,626.45 tn USD30,381.17 USD
Gross national product38.88 bn USD5,518.95 USD16,026.52 tn USD31,158.99 USD


Development of the Gross domestic product in billion US Dollar 1979 - 2019



Im- and Exports 2019

 Paraguay
Total
Paraguay
per capita
EU
Total
EU
per capita
Imports13.15 bn USD1,866.15 USD8,073.39 bn USD15,696.41 USD
Exports13.27 bn USD1,883.26 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1979 - 2019

Exports
Imports



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