GDP (current US$) (UNESCO Institute) in Paraguay
Paraguay: GDP (current US$) (UNESCO Institute) was 44.46 billion current US$ in 2024. ◆ Volatile
Latest (2024)
44.46 billion current US$
Change on year
up 3.1%
World rank
100th
of 211 countries
All-time high
44.46 billion current US$
in 2024
All-time low
594.61 million current US$
in 1970
Years of data
55
1970–2024
GDP in Paraguay, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
In 2024, gdp in Paraguay stood at 44.46 billion current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 10.1% over ten years.
Over the whole period, gdp in Paraguay peaked at 44.46 billion current US$ in 2024 and was at its lowest, 594.61 million current US$, in 1970.
That places Paraguay 100th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Paraguay, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 594.61 million current US$ | — |
| 1971 | 664.57 million current US$ | +11.8% |
| 1972 | 769.04 million current US$ | +15.7% |
| 1973 | 995.53 million current US$ | +29.5% |
| 1974 | 1.33 billion current US$ | +33.9% |
| 1975 | 1.51 billion current US$ | +13.3% |
| 1976 | 1.70 billion current US$ | +12.4% |
| 1977 | 2.09 billion current US$ | +23.1% |
| 1978 | 2.56 billion current US$ | +22.4% |
| 1979 | 3.42 billion current US$ | +33.5% |
| 1980 | 4.45 billion current US$ | +30.2% |
| 1981 | 5.62 billion current US$ | +26.4% |
| 1982 | 5.42 billion current US$ | -3.6% |
| 1983 | 5.67 billion current US$ | +4.7% |
| 1984 | 4.50 billion current US$ | -20.6% |
| 1985 | 3.28 billion current US$ | -27.1% |
| 1986 | 3.72 billion current US$ | +13.5% |
| 1987 | 3.97 billion current US$ | +6.6% |
| 1988 | 4.26 billion current US$ | +7.2% |
| 1989 | 4.76 billion current US$ | +11.8% |
| 1990 | 5.81 billion current US$ | +22.2% |
| 1991 | 6.98 billion current US$ | +20.2% |
| 1992 | 7.16 billion current US$ | +2.5% |
| 1993 | 7.25 billion current US$ | +1.3% |
| 1994 | 7.87 billion current US$ | +8.6% |
| 1995 | 9.06 billion current US$ | +15.1% |
| 1996 | 9.79 billion current US$ | +8.0% |
| 1997 | 9.97 billion current US$ | +1.8% |
| 1998 | 9.26 billion current US$ | -7.1% |
| 1999 | 8.84 billion current US$ | -4.6% |
| 2000 | 8.86 billion current US$ | +0.2% |
| 2001 | 8.50 billion current US$ | -4.1% |
| 2002 | 7.20 billion current US$ | -15.3% |
| 2003 | 7.69 billion current US$ | +6.9% |
| 2004 | 9.62 billion current US$ | +25.1% |
| 2005 | 10.74 billion current US$ | +11.6% |
| 2006 | 13.43 billion current US$ | +25.1% |
| 2007 | 17.86 billion current US$ | +33.0% |
| 2008 | 24.62 billion current US$ | +37.9% |
| 2009 | 22.36 billion current US$ | -9.2% |
| 2010 | 27.26 billion current US$ | +21.9% |
| 2011 | 33.76 billion current US$ | +23.8% |
| 2012 | 33.27 billion current US$ | -1.4% |
| 2013 | 38.50 billion current US$ | +15.7% |
| 2014 | 40.38 billion current US$ | +4.9% |
| 2015 | 36.21 billion current US$ | -10.3% |
| 2016 | 36.09 billion current US$ | -0.3% |
| 2017 | 39.00 billion current US$ | +8.1% |
| 2018 | 40.23 billion current US$ | +3.1% |
| 2019 | 37.93 billion current US$ | -5.7% |
| 2020 | 35.43 billion current US$ | -6.6% |
| 2021 | 39.95 billion current US$ | +12.8% |
| 2022 | 41.95 billion current US$ | +5.0% |
| 2023 | 43.12 billion current US$ | +2.8% |
| 2024 | 44.46 billion current US$ | +3.1% |
Paraguay compared with similar countries
- Paraguay's 44.46 billion current US$ is below the median for upper middle income countries, which is 45.55 billion current US$, 98% of the median. (58 countries reporting)
- Paraguay's 44.46 billion current US$ is above the median for Latin America & Caribbean, which is 25.83 billion current US$, 1.7× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.56 billion current US$ | 594.61 million current US$ | 3.42 billion current US$ | 10 |
| 1980s | 4.57 billion current US$ | 3.28 billion current US$ | 5.67 billion current US$ | 10 |
| 1990s | 8.20 billion current US$ | 5.81 billion current US$ | 9.97 billion current US$ | 10 |
| 2000s | 13.09 billion current US$ | 7.20 billion current US$ | 24.62 billion current US$ | 10 |
| 2010s | 36.26 billion current US$ | 27.26 billion current US$ | 40.38 billion current US$ | 10 |
| 2020s | 40.98 billion current US$ | 35.43 billion current US$ | 44.46 billion current US$ | 5 |
Countries ranked near Paraguay
More population data for Paraguay
- Population regions with projections, annual growth rate -0.2301 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.4098 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2301 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3467 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 8,591 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.02 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6927 % change on previous year (2100)
- Population growth rate -0.237 (2100)
- Population density 22.77 (2100)
- Projected population under age 5 452,902 (2100)
Frequently asked questions
- What is gdp in Paraguay?
- Gdp in Paraguay was 44.46 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Paraguay?
- The highest recorded value was 44.46 billion current US$ in 2024.
- What is the lowest gdp recorded in Paraguay?
- The lowest recorded value was 594.61 million current US$ in 1970.
- How does Paraguay rank for gdp?
- Paraguay ranks 100th out of 211 countries with data for 2024.
- Is gdp rising or falling in Paraguay?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release