World 8.2bn peopleGDP $118tnLife expectancy 73.5 yrsOnline 73.6%
World Report nowcountries in numbers
  1. Home
  2. Countries
  3. Paraguay
  4. Economy
Economy · Latin America & Caribbean · Upper-middle income

Paraguay: the economy in numbers

GDP is $49.3bn (2025), 99th of 211 in the world and 17th of 41 in Latin America & Caribbean. GDP per capita is $7,027 (2025), 122nd of 211 in the world and 34th of 41 in Latin America & Caribbean. GDP per capita, PPP is $20,181 (2025), 105th of 199 in the world and 28th of 38 in Latin America & Caribbean.

GDP
Paraguay
$0$20.0bn$40.0bn$60.0bn1995200020052010201520202025Paraguay$49.3bn
GDP per capita
ParaguayLatin America & CaribbeanUpper-middle incomeWorld
$0$5,000$10,000$15,0001995200020052010201520202025Paraguay$7,027Latin America & CaribbeanUpper-middle incomeWorld
13 indicators

Economy: Paraguay in detail

Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
GDPGDP, current US$$49.3bn202599/21117/41$8.9bn$27.3bn$35.4bn+36%since 2015$7.4tn$33.5tn$118tn
GDP per capitaGDP per capita, current US$$7,0272025122/21134/41$1,736$4,751$5,365+20%since 2015$11,095$10,890$14,406
GDP per capita, PPPGDP per capita, PPP (current international $)$20,1812025105/19928/38$6,937$10,893$14,309+59%since 2015$23,901$25,523$25,704
GNI per capitaGNI per capita, Atlas method, US$$6,7502025113/20130/38$1,500$4,410$5,550+11%since 2015$10,634$10,938$14,244
GDP growthGDP growth, annual %6.6%202524/2103/41-2.3%11.1%-0.8%+3.7 ppsince 20152.3%4.2%2.9%
GDP per capita growthGDP per capita growth, annual %5.4%202525/2104/41-4.2%9.8%-2.2%+3.9 ppsince 20151.6%3.9%2.0%
Agriculture shareAgriculture, forestry and fishing, % of GDP11.6%202564/1985/3712.9%13.0%10.7%+2.2 ppsince 20156.8%6.9%4.0%
Industry shareIndustry incl. construction, % of GDP32.3%202545/2016/3835.6%34.6%34.2%−2.3 ppsince 201530.3%32.7%25.0%
Manufacturing shareManufacturing, value added, % of GDP19.4%202522/1945/3815.7%18.6%18.7%±0.0 ppsince 201517.1%21.0%14.9%
Services shareServices, % of GDP48.1%2025156/20136/3844.9%45.3%48.2%−0.6 ppsince 201568.2%56.9%63.3%
InvestmentGross capital formation, % of GDP25.3%202566/1756/2517.3%23.8%20.0%+3.4 ppsince 201519.0%33.7%26.3%
SavingsGross savings, % of GDP22.2%202584/1639/2214.8%23.3%22.4%+0.6 ppsince 201516.4%33.4%26.0%
Resource rentsNatural resources rents, % of GDP1.3%2021109/20917/391.5%2.1%1.7%−0.3 ppsince 20116.1%3.8%3.1%
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.

Better than ten years ago

Worse than ten years ago

No rated indicator got worse over the decade.

Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).

neighbours

Paraguay and its neighbours

Countries sharing a land border with Paraguay. Latest values since 2005; the highest in each row is marked.

IndicatorParaguayBrazilArgentinaBolivia
GDP$49.3bn2025$2.3tn2025$683bn2025$64.8bn2025
GDP per capita$7,0272025$10,7132025$14,8982025$5,1482025
GDP per capita, PPP$20,1812025$23,4332025$32,5872025$12,8732025
GNI per capita$6,7502025$10,5502025$14,6502025$4,4202025
GDP growth6.6%20252.3%20254.4%2025-1.6%2025
GDP per capita growth5.4%20251.9%20254.0%2025-2.9%2025
Agriculture share11.6%20256.1%20255.5%20258.8%2024
Industry share32.3%202520.1%202522.9%202531.3%2024
Manufacturing share19.4%202511.8%202513.6%202513.1%2024