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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 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Paraguay reached 4.950 US dollars per inhabitant, or 35.30 bn US Dollar in the whole country. Paraguay is therefore currently ranked 96 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 85.

Inflation in Paraguay was in 2020 at around 1.77%. For the the EU, the average of the same was year at 0.50%.

Compared to Germany, the prices for convenience goods are approximately 57.35% lower.
The Corruption Perceptions Index for the public sector counts 28 and is compared to other countries very bad.


Back to overview: Paraguay

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Paraguay
Total
Paraguay
per capita
EU
Total
EU
per capita
GDP35.30 bn USD4,949.75 USD15,192.65 tn USD29,499.72 USD
Gross national product36.64 bn USD5,136.94 USD16,012.29 tn USD31,091.23 USD


Development of the Gross domestic product in billion US Dollar 1979 - 2020



Im- and Exports 2020

 Paraguay
Total
Paraguay
per capita
EU
Total
EU
per capita
Imports10.62 bn USD1,488.32 USD7,314.16 bn USD14,201.97 USD
Exports11.81 bn USD1,655.40 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in billion US dollars 1979 - 2020

Exports
Imports



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