Home Paraguay Government Government Debt to GDP

Paraguay Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

41.71% −3.06% (-6.8%)
Year 2025 Rank #123 Global Peak 67.00% (1990) Source IMF WEO

Paraguay Government Debt to GDP (1990–2025)

Overview

Paraguay's government debt to gdp stood at 41.71% in 2025, a decline of +3.06% from 2024. The IMF projects 41.71% by 2025. Paraguay ranked 123rd globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 38.18% - -
2029* IMF 38.66% - -
2028* IMF 39.20% - -
2027* IMF 39.91% - -
2026* IMF 40.61% - -
2025* IMF 41.71% - -
2025 41.71% −3.06% #123
2024 44.77% +3.71% #68
2023 41.06% +0.53% #56
2022 40.53% +3.03% #56
2021 37.50% +0.60% #37
2020 36.90% +11.13% #34
2019 25.77% +3.44% #26
2018 22.33% +2.48% #25
2017 19.85% +0.46% #16
2016 19.39% +0.78% #17
2015 18.61% +3.02% #21
2014 15.59% +2.09% #24
2013 13.50% +1.18% #22
2012 12.31% +1.26% #20
2011 11.05% −1.92% #17
Show all years (1990-2025)
* IMF World Economic Outlook projection

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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Paraguay's government debt to gdp?

Paraguay's government debt to gdp was 41.71% in 2025. Ranked 123rd globally. This represents a 6.8% decrease from the previous year.

What was the highest government debt to gdp in Paraguay?

Paraguay's government debt to gdp peaked at 67.00% in 1990.

What was the lowest government debt to gdp in Paraguay?

The lowest government debt to gdp in Paraguay was 11.05% in 2011.

How does Paraguay rank in government debt to gdp?

Paraguay ranks 123rd globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Paraguay in 2025?

Paraguay's government debt to gdp is projected to reach 41.71% by 2025 based on IMF projection.

What is the government debt to gdp of Paraguay in 2025?

The government debt to gdp of Paraguay in 2025 was 41.71%. This ranks 123rd in the world.

Cite this page

APA
Paraguay Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/paraguay/government-debt-to-gdp
BibTeX
@misc{historysaid_paraguay_government-debt-to-gdp, title = {Paraguay Government Debt to GDP}, url = {https://historysaid.com/paraguay/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }