Paraguay Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Paraguay's credit to gdp was 57.14% in 2025, ranked 54th globally. This represents a 0.6% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Paraguay's credit to gdp stood at 57.14% in 2025, a decline of +0.35% from 2024. Based on recent trends, this figure is projected to reach 57.14% by 2025. Paraguay ranked 54th globally.
Paraguay's credit-to-GDP ratio has experienced significant fluctuations over the past 66 years, ranging from an all-time low of 8.15 in 1960 to a peak of 57.49 in 2024. This substantial increase indicates a growing reliance on credit in the country's economy. At 57.14 as of 2025, Paraguay ranks 54th globally, closely trailing Estonia's 57.79. The rise in credit-to-GDP ratio has been a trend observed in other countries as well, with Bhutan's ratio reaching 57.29, a mere 0.45 percentage points above Paraguay's. The expansion of credit in Paraguay's economy is likely linked to the country's growing financial sector and increasing foreign investment. A sustained period of economic growth, coupled with prudent monetary policy, would be required to stabilize Paraguay's credit-to-GDP ratio and maintain its relatively stable position among its peer countries.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 60.43% | - | - |
| 2026* trend | 58.79% | - | - |
| 2025* trend | 57.14% | - | - |
| 2025 | 57.14% | −0.35% | #54 |
| 2024 | 57.49% | +5.14% | #79 |
| 2023 | 52.36% | +1.34% | #91 |
| 2022 | 51.02% | +1.55% | #92 |
| 2021 | 49.46% | −1.25% | #90 |
| 2020 | 50.71% | +2.96% | #85 |
| 2019 | 47.75% | +3.15% | #96 |
| 2018 | 44.60% | +3.44% | #91 |
| 2017 | 41.16% | −0.20% | #82 |
| 2016 | 41.36% | −1.99% | #82 |
| 2015 | 43.35% | +5.21% | #85 |
| 2014 | 38.14% | +3.76% | #79 |
| 2013 | 34.38% | +2.83% | #77 |
| 2012 | 31.55% | +2.59% | #71 |
| 2011 | 28.95% | +3.53% | #70 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's credit to gdp was 57.14% in 2025. Ranked 54th globally. This represents a 0.6% decrease from the previous year.
Paraguay's credit to gdp peaked at 57.49% in 2024.
The lowest credit to gdp in Paraguay was 8.15% in 1960.
Paraguay ranks 54th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Paraguay's credit to gdp is projected to reach 57.14% by 2025 based on trend extrapolation.
The credit to gdp of Paraguay in 2025 was 57.14%. This ranks 54th in the world.
Cite this page
@misc{historysaid_paraguay_credit-to-gdp,
title = {Paraguay Credit to GDP},
url = {https://historysaid.com/paraguay/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}