GDP growth in Paraguay

Paraguay: GDP growth was 4.2% in 2024. β—† Volatile

Latest (2024)
4.2%
Change on year
down 15.0%
World rank
62nd
of 209 countries
All-time high
12.0%
in 1978
All-time low
-3.0%
in 1983
Years of data
55
1970–2024

GDP growth in Paraguay, 1970–2024

-50510197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Paraguay is 4.2%, measured in 2024.

Compared with earlier readings it is down 15.0% on the previous year and down 19.8% over ten years.

Over the whole period, gdp growth in Paraguay peaked at 12.0% in 1978 and was at its lowest, -3.0%, in 1983.

That places Paraguay 62nd out of 209 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 8.3% 5.5% 12.0% 10
1980s 4.9% -3.0% 11.7% 10
1990s 3.1% -1.4% 6.8% 10
2000s 2.4% -2.3% 6.5% 10
2010s 4.3% -0.7% 11.1% 10
2020s 2.5% -0.8% 5.0% 5

Countries ranked near Paraguay

  1. 59 Costa Rica 4.3% compare
  2. 60 Aruba 4.3% compare
  3. 61 Laos 4.3% compare
  4. 63 Bangladesh 4.2% compare
  5. 64 Curacao 4.2% compare
  6. 65 Brunei 4.2% compare

See the full ranking of 212 places β†’

More population data for Paraguay

All data for Paraguay β†’

Frequently asked questions

What is gdp growth in Paraguay?
Gdp growth in Paraguay was 4.2% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Paraguay?
The highest recorded value was 12.0% in 1978.
What is the lowest gdp growth recorded in Paraguay?
The lowest recorded value was -3.0% in 1983.
How does Paraguay rank for gdp growth?
Paraguay ranks 62nd out of 209 countries with data for 2024.
Is gdp growth rising or falling in Paraguay?
Over the last ten years it is down 19.8%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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GDP growth in Paraguay. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/paraguay/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release