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Paraguay Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Paraguay's remittances received was $1.2B in 2025, ranked 89th globally. This represents a 2.4% increase from 2024. Data from World Bank, covering 1975–2025.

$1.2B +$26.8M (+2.4%)
Year 2025 Rank #89 Global Peak $1.2B (2025) Source World Bank

Paraguay Remittances Received (1975–2025)

Overview

Paraguay's remittances received stood at $1.2B in 2025, a rise of +$26.8M from 2024. Based on recent trends, this figure is projected to reach $1.2B by 2025. Paraguay ranked 89th globally.

Paraguay recorded remittance inflows of $1,163,250,590.16 in 2025, marking its all-time high and positioning it at 89th globally according to World Bank data. This represents a substantial increase from the historical low of $5,900,007.09 recorded in 1975, reflecting a 51-year trajectory of growing external financial linkages. The 2025 peak exceeds inflows to peer economies such as Mali ($1,087,112,036.21) and Norway ($1,134,520,860.26), though it remains slightly below Argentina’s $1,201,762,322.24. The sustained rise in remittances over recent decades aligns with broader regional migration trends and increased labor mobility, particularly to neighboring countries and Europe. These inflows have become a stable source of external financing, contributing to household income and national resilience amid economic volatility. The trend is expected to continue growing if diaspora networks expand and economic conditions in destination countries remain favorable, though shifts in immigration policy or global labor demand could alter the current trajectory.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $1.3B - -
2026* trend $1.2B - -
2025* trend $1.2B - -
2025 $1.2B +$26.8M #89
2024 $1.1B +$205.6M #98
2023 $930.8M +$62.2M #88
2022 $868.6M +$43.6M #92
2021 $825.0M +$68.6M #92
2020 $756.4M −$67.7M #96
2019 $824.1M −$28.7M #93
2018 $852.8M +$13.4M #95
2017 $839.4M +$182.5M #94
2016 $656.9M +$103.2M #94
2015 $553.6M +$47.0M #86
2014 $506.6M −$116.6M #81
2013 $623.3M −$10.8M #86
2012 $634.1M +$93.4M #89
2011 $540.7M +$130.8M #84
Show all years (1975-2025)
* 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 remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Paraguay's remittances received?▾

Paraguay's remittances received was $1.2B in 2025. Ranked 89th globally. This represents a 2.4% increase from the previous year.

What was the highest remittances received in Paraguay?▾

Paraguay's remittances received peaked at $1.2B in 2025.

What was the lowest remittances received in Paraguay?▾

The lowest remittances received in Paraguay was $5.9M in 1975.

How does Paraguay rank in remittances received?▾

Paraguay ranks 89th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Paraguay in 2025?▾

Paraguay's remittances received is projected to reach $1.2B by 2025 based on trend extrapolation.

What is Paraguay's remittances received in billion?▾

Paraguay's remittances received was approximately 1.16 billion ($1.2B) in 2025.

What is the remittances received of Paraguay in 2025?▾

The remittances received of Paraguay in 2025 was $1.2B. This ranks 89th in the world.

Cite this page

APA
Paraguay Remittances Received. HistorySaid. Retrieved October 29, 2026, from https://historysaid.com/paraguay/remittances/
BibTeX
@misc{historysaid_paraguay_remittances, title = {Paraguay Remittances Received}, url = {https://historysaid.com/paraguay/remittances/}, publisher = {HistorySaid}, year = {2026} }
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