Price level ratio of PPP conversion factor (GDP) to market exchange in Paraguay

Paraguay: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3464 in 2024. ▲ Rising

Latest (2024)
0.3464
Change on year
down 3.4%
World rank
144th
of 202 countries
All-time high
0.5302
in 2013
All-time low
0.1975
in 2002
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Paraguay, 1990–2024

00.20.40.61990200720241990: 0.2551991: 0.2871992: 0.2831993: 0.2671994: 0.2691995: 0.2841996: 0.2971997: 0.2851998: 0.2621999: 0.2492000: 0.252001: 0.2372002: 0.1982003: 0.1982004: 0.2322005: 0.2462006: 0.2852007: 0.352008: 0.4442009: 0.4022010: 0.4362011: 0.5072012: 0.5152013: 0.532014: 0.5282015: 0.4642016: 0.4332017: 0.442018: 0.4432019: 0.4112020: 0.3752021: 0.3882022: 0.382023: 0.3592024: 0.346

Source: UNESCO Institute for Statistics.

Analysis

Paraguay recorded 0.3464 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

That represents a change of down 3.4% on the previous year and down 34.4% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Paraguay peaked at 0.5302 in 2013 and was at its lowest, 0.1975, in 2002.

That places Paraguay 144th out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Paraguay, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Paraguay, 1990 to 2024.
Year Value Change
1990 0.2555
1991 0.2869 +12.3%
1992 0.2827 -1.5%
1993 0.2666 -5.7%
1994 0.2691 +0.9%
1995 0.284 +5.6%
1996 0.2966 +4.4%
1997 0.2848 -4.0%
1998 0.2615 -8.2%
1999 0.2495 -4.6%
2000 0.2503 +0.3%
2001 0.2368 -5.4%
2002 0.1975 -16.6%
2003 0.1985 +0.5%
2004 0.2324 +17.1%
2005 0.2462 +5.9%
2006 0.285 +15.8%
2007 0.3499 +22.8%
2008 0.4444 +27.0%
2009 0.4022 -9.5%
2010 0.4361 +8.4%
2011 0.5074 +16.3%
2012 0.5151 +1.5%
2013 0.5302 +2.9%
2014 0.5277 -0.5%
2015 0.4637 -12.1%
2016 0.4333 -6.6%
2017 0.4402 +1.6%
2018 0.4426 +0.6%
2019 0.4114 -7.1%
2020 0.375 -8.9%
2021 0.388 +3.5%
2022 0.3796 -2.1%
2023 0.3587 -5.5%
2024 0.3464 -3.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2737 0.2495 0.2966 10
2000s 0.2843 0.1975 0.4444 10
2010s 0.4708 0.4114 0.5302 10
2020s 0.3695 0.3464 0.388 5

Countries ranked near Paraguay

  1. 141 Türkiye 0.3522 compare
  2. 142 Mongolia 0.3504 compare
  3. 143 North Macedonia 0.3502 compare
  4. 145 Kazakhstan 0.3432 compare
  5. 146 Chad 0.3431 compare
  6. 147 Senegal 0.3413 compare

See the full ranking of 202 places →

More population data for Paraguay

All data for Paraguay →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Paraguay?
Price level ratio of ppp conversion factor (gdp) to market exchange in Paraguay was 0.3464 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Paraguay?
The highest recorded value was 0.5302 in 2013.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Paraguay?
The lowest recorded value was 0.1975 in 2002.
How does Paraguay rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Paraguay ranks 144th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Paraguay?
Over the last ten years it is down 34.4%. The long-run trend across the full record is rising.
Where does this Paraguay data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Paraguay. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/paraguay/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release