Paraguay GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Paraguay's gdp growth was 4.40% in 2025, ranked 44th globally. This represents a 3.5% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Paraguay's gdp growth stood at 4.40% in 2025, a rise of +0.15pp from 2024. The IMF projects 4.40% by 2025. Paraguay ranked 44th globally.
Paraguay recorded a GDP growth rate of 4.40% in 2025, ranking 44th globally and aligning with peer economies such as St. Vincent and the Grenadines and Burundi, which also reported 4.40%. This latest figure reflects a modest expansion compared to the country’s volatile growth history, which spans 65 years of recorded data. Paraguay’s all-time peak of 12.03% was reached in 1978, a period marked by strong agricultural exports and public investment, while its deepest contraction occurred in 1983 with a decline of 3.04%, amid regional economic instability and drought-related shocks. Since the turn of the century, growth has generally stabilized, though it remains susceptible to external demand and climatic conditions. While the current trajectory suggests moderate expansion, sustained improvements in infrastructure, diversification beyond agriculture, and regional trade integration would be necessary to elevate long-term growth potential. Absent structural reforms or adverse external shocks, Paraguay’s GDP growth is expected to remain within the 4–5% range in the near term.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.50% | - | - |
| 2029* IMF | 3.50% | - | - |
| 2028* IMF | 3.50% | - | - |
| 2027* IMF | 3.50% | - | - |
| 2026* IMF | 3.70% | - | - |
| 2025* IMF | 4.40% | - | - |
| 2025 | 4.40% | +0.15pp | #44 |
| 2024 | 4.25% | −0.75pp | #54 |
| 2023 | 5.00% | +4.82pp | #52 |
| 2022 | 0.18% | −3.84pp | #186 |
| 2021 | 4.02% | +4.84pp | #138 |
| 2020 | -0.82% | −0.42pp | #49 |
| 2019 | -0.40% | −3.61pp | #189 |
| 2018 | 3.20% | −1.61pp | #102 |
| 2017 | 4.81% | +0.54pp | #54 |
| 2016 | 4.27% | +1.31pp | #66 |
| 2015 | 2.96% | −2.34pp | #101 |
| 2014 | 5.30% | −2.99pp | #50 |
| 2013 | 8.29% | +9.00pp | #16 |
| 2012 | -0.71% | −4.99pp | #174 |
| 2011 | 4.29% | −6.81pp | #92 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's gdp growth was 4.40% in 2025. Ranked 44th globally. This represents a 3.5% increase from the previous year.
Paraguay's gdp growth peaked at 12.03% in 1978.
The lowest gdp growth in Paraguay was -3.04% in 1983.
Paraguay ranks 44th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Paraguay's gdp growth is projected to reach 4.40% by 2025 based on IMF projection.
The gdp growth of Paraguay in 2025 was 4.40%. This ranks 44th in the world.
Cite this page
@misc{historysaid_paraguay_gdp-growth,
title = {Paraguay GDP Growth},
url = {https://historysaid.com/paraguay/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}