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Paraguay External Debt to GNI

External debt stocks as % of GNI  DT.DOD.DECT.GN.ZS

Paraguay's external debt to gni was 69.68% in 2025, ranked 23rd globally. This represents a 0.1% decrease from 2024. Data from World Bank, covering 1970–2025.

69.68% −0.06pp (-0.1%)
Year 2025 Rank #23 Global Peak 103.90% (2003) Source World Bank

Paraguay External Debt to GNI (1970–2025)

Overview

Paraguay's external debt to gni stood at 69.68% in 2025, a decline of +0.06pp from 2024. Based on recent trends, this figure is projected to reach 69.68% by 2025. Paraguay ranked 23rd globally.

Paraguay's External Debt to GNI ratio has exhibited significant fluctuations over the past 56 years, ranging from a low of 19.54% in 1974 to a peak of 103.90% in 2003. The country's debt burden has remained relatively high, currently standing at 69.68%, ranking 23rd globally. This ratio is comparable to that of Benin, which has a slightly higher debt-to-GNI ratio of 70.23%. Notably, Paraguay's debt-to-GNI ratio has decreased significantly from its peak in 2003, reflecting efforts to stabilize the economy and manage debt. The trough of 1974, during a period of economic instability, highlights the importance of prudent economic management in mitigating debt accumulation. As Paraguay continues to navigate its economic trajectory, a reduction in trade deficits and increased foreign investment could potentially alter the debt-to-GNI trajectory, providing a more favorable outlook for the country's economic future.

Data & projection

Year External Debt to GNI YoY change Rank
2027* trend 73.92% - -
2026* trend 71.80% - -
2025* trend 69.68% - -
2025 69.68% −0.06pp #23
2024 69.74% +5.68pp #87
2023 64.06% +1.87pp #81
2022 62.19% +3.30pp #81
2021 58.90% −2.83pp #72
2020 61.73% +13.11pp #73
2019 48.62% +4.31pp #64
2018 44.30% −1.02pp #65
2017 45.32% −4.29pp #67
2016 49.61% −0.20pp #72
2015 49.81% +5.26pp #76
2014 44.55% −0.21pp #74
2013 44.76% −7.51pp #78
2012 52.27% +2.57pp #79
2011 49.70% −12.75pp #77
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.5% GDP growth 4.8% C/A balance 3.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw external debt to gni improve within 24 months. View full analysis →

Frequently Asked Questions

What is Paraguay's external debt to gni?▾

Paraguay's external debt to gni was 69.68% in 2025. Ranked 23rd globally. This represents a 0.1% decrease from the previous year.

What was the highest external debt to gni in Paraguay?▾

Paraguay's external debt to gni peaked at 103.90% in 2003.

What was the lowest external debt to gni in Paraguay?▾

The lowest external debt to gni in Paraguay was 19.54% in 1974.

How does Paraguay rank in external debt to gni?▾

Paraguay ranks 23rd globally in external debt to gni as of 2025.

What is the World Bank indicator code for external debt to gni?▾

The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.

What is the projected external debt to gni of Paraguay in 2025?▾

Paraguay's external debt to gni is projected to reach 69.68% by 2025 based on trend extrapolation.

What is the external debt to gni of Paraguay in 2025?▾

The external debt to gni of Paraguay in 2025 was 69.68%. This ranks 23rd in the world.

Cite this page

APA
Paraguay External Debt to GNI. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/paraguay/external-debt-to-gni/
BibTeX
@misc{historysaid_paraguay_external-debt-to-gni, title = {Paraguay External Debt to GNI}, url = {https://historysaid.com/paraguay/external-debt-to-gni/}, publisher = {HistorySaid}, year = {2026} }
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