Prices & public finance · Latin America & Caribbean · Upper-middle income
Paraguay: prices, money and public finance
Inflation is 4.0% (2025), 56th of 180 in the world and 10th of 31 in Latin America & Caribbean. GDP deflator is 3.1% (2025), 113th of 209 in the world and 22nd of 40 in Latin America & Caribbean. Lending rate is 12.5% (2021), 42nd of 136 in the world and 11th of 31 in Latin America & Caribbean.
Inflation
ParaguayLatin America & CaribbeanUpper-middle incomeWorld
GDP deflator
ParaguayLatin America & CaribbeanUpper-middle incomeWorld
13 indicators
Prices & public finance: 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.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 4.0%2025 | 56/180 | 10/31 | 9.0% | 4.7% | 1.8% | +0.9 ppsince 2015 | 2.1% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.1%2025 | 113/209 | 22/40 | 14.7% | 4.7% | 2.2% | +1.5 ppsince 2015 | 3.4% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 12.5%2021 | 42/136 | 11/31 | 31.0% | 30.1% | 13.5% | −4.9 ppsince 2011 | — | — | — | |
| Real interest rateReal interest rate, % | 3.8%2021 | 86/136 | 19/31 | 14.2% | 24.3% | 11.1% | −7.9 ppsince 2011 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 7,545.452025 | 8/210 | 1/39 | 3,486.35 | 4,758.43 | 6,771.10 | +45%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 11.3%2024 | 113/142 | 18/20 | · | 8.9% | 9.5% | +1.6 ppsince 2014 | 14.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 18.7%2024 | 101/142 | 16/20 | · | 14.7% | 16.7% | +2.0 ppsince 2014 | 22.8% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 18.9%2023 | 106/142 | 16/20 | · | 11.8% | 18.5% | +4.6 ppsince 2013 | 27.6% | — | 28.5% | |
| External debtExternal debt stocks, % of GNI | 69.7%2024 | 27/119 | 7/22 | 40.1% | 62.4% | 61.7% | +25.2 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 55.7%2025 | 62/169 | 11/31 | 23.8% | 25.4% | 50.6% | +12.4 ppsince 2015 | 52.9% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 52.3%2024 | 87/146 | 22/31 | 22.4% | 29.9% | 54.2% | +13.5 ppsince 2014 | 72.6% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 5.62024 | 55/165 | 10/32 | 2.1 | 4.1 | 9.0 | +0.8%since 2014 | 6.6 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.88%2025 | 125/156 | 13/22 | 1.24% | 0.75% | 1.03% | −0.2 ppsince 2015 | 1.07% | 1.87% | 2.48% |
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
- Reserves, months of imports+0.8%5.6 in 2024
Worse than ten years ago
- Inflation+0.9 pp4.0% in 2025
- External debt+25.2 pp69.7% in 2024
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.
| Indicator | Paraguay | Brazil | Argentina | Bolivia |
|---|---|---|---|---|
| Inflation | 4.0%2025 | 5.0%2025 | 219.9%2024 | 19.5%2025 |
| GDP deflator | 3.1%2025 | 5.7%2025 | 39.1%2025 | 19.9%2025 |
| Lending rate | 12.5%2021 | 45.3%2025 | 46.0%2025 | 10.2%2025 |
| Real interest rate | 3.8%2021 | 37.5%2025 | 5.0%2025 | -8.1%2025 |
| Exchange rate | 7,545.452025 | 5.592025 | 1,240.852025 | 6.912025 |
| Tax revenue | 11.3%2024 | 15.4%2024 | 10.4%2024 | 17.0%2007 |
| Government revenue | 18.7%2024 | 26.4%2024 | 16.9%2024 | 23.3%2007 |
| Government expense | 18.9%2023 | 32.4%2023 | 21.0%2023 | 21.8%2007 |
| External debt | 69.7%2024 | 28.7%2024 | 39.1%2024 | 32.5%2024 |