GDP in Paraguay

Paraguay: GDP was 44.46 billion current US$ in 2024. β—† Volatile

Latest (2024)
44.46 billion current US$
Change on year
up 3.1%
World rank
99th
of 208 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

010.0B20.0B30.0B40.0B197019972024

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 99th out of 208 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 96 Bahrain 47.74 billion current US$ compare
  2. 97 Libya 46.64 billion current US$ compare
  3. 98 Cambodia 46.35 billion current US$ compare
  4. 100 Zimbabwe 44.19 billion current US$ compare
  5. 101 Latvia 43.52 billion current US$ compare
  6. 102 Nepal 42.91 billion current US$ compare

See the full ranking of 211 places β†’

More population data for Paraguay

All data for Paraguay β†’

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 99th out of 208 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.

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GDP in Paraguay. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-us-2/paraguay/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release