Paraguay

Country in Americas

In brief

GDP growth per year: +6.6% (2025). World rank 24 of 209 (1 = best); in Americas, 3 of 45. Tax revenue, share of GDP: 11.3% (2024). World rank 113 of 142; in Americas, 19 of 22. Gini index (0 = full equality): 44.2 (2024). World rank 105 of 116 (1 = best); in Americas, 13 of 20. From 2015 to 2025: GDP $36.2B → $49.3B, GDP per person $5,879 → $7,027, and GDP per person at purchasing power parity $12,679 → $20,181. Better than all its neighbours (Argentina, Bolivia, and Brazil): GDP growth per year.

Size and growth

GDP: $49.3B 2025
GDP per person: $7,027 2025
GDP per person at purchasing power parity: $20,181 2025
GDP growth per year: +6.6% 2025

Income and prices

Income level (World Bank): Upper-middle income
Gross national income per person: $6,750 2025
Inflation: +4% 2025
Price level, USA = 100: 35 2025

Structure and jobs

Agriculture, share of GDP: 11.6% 2025
Industry, share of GDP: 32.3% 2025
Services, share of GDP: 48.1% 2025
Unemployment: 4.8% 2025
Youth unemployment, ages 15–24: 11.7% 2025
Women in work or seeking work: 59% 2025

Trade and finance

Exports, share of GDP: 37.2% 2025
Imports, share of GDP: 39.3% 2025
Current account balance, share of GDP: -2.5% 2025
Foreign direct investment, share of GDP: +2.4% 2025
Remittances received, share of GDP: 3.1% 2025
Tax revenue, share of GDP: 11.3% 2024
Currency: Paraguayan Guarani (PYG)

Poverty and inequality

Gini index (0 = full equality): 44.2 2024
Living on under $3 a day: 2.1% 2024