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Paraguay Services Employment

Employment in services  SL.SRV.EMPL.ZS

Paraguay's services employment was 65.08% in 2025, ranked 104th globally. This represents a 0.3% increase from 2024. Data from World Bank, covering 1991–2025.

65.08% +0.20% (+0.3%)
Year 2025 Rank #104 Global Peak 65.08% (2025) Source World Bank

Paraguay Services Employment (1991–2025)

Overview

Paraguay's services employment stood at 65.08% in 2025, a rise of +0.20% from 2024. Based on recent trends, this figure is projected to reach 66.77% by 2026. Paraguay ranked 104th globally.

Paraguay's services employment rate has experienced a moderate increase over the past three and a half decades, from 52.24% in 1991 to 65.08% in 2025. The country's all-time high in services employment was also reached in 2025, while the lowest point was observed in 2002 with a rate of 50.58%. In comparison, Malaysia's services employment rate is slightly lower at 64.86%, while Iraq's is higher at 65.30% in 2025. Slovenia's rate is 64.37% in 2025, and Hungary's is 65.35%. Despite the upward trend, Paraguay's services employment rate still ranks 104th globally. A sustained increase in economic growth, particularly in the service sector, could further boost Paraguay's services employment rate and potentially move it closer to the ranks of its peer countries.

Data & projection

Year Services Employment YoY change Rank
2028* trend 68.69% - -
2027* trend 67.73% - -
2026* trend 66.77% - -
2025 65.08% +0.20% #104
2024 64.88% +0.06% #104
2023 64.82% +0.98% #107
2022 63.84% +3.05% #105
2021 60.79% +1.15% #101
2020 59.64% −3.50% #95
2019 63.14% +1.80% #105
2018 61.34% +1.40% #102
2017 59.94% +0.69% #99
2016 59.25% −1.31% #96
2015 60.56% +1.78% #102
2014 58.78% −0.92% #97
2013 59.71% +2.73% #101
2012 56.98% +0.32% #95
2011 56.66% +1.48% #94
Show all years (1991-2025)
* 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 services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Paraguay's services employment?▾

Paraguay's services employment was 65.08% in 2025. Ranked 104th globally. This represents a 0.3% increase from the previous year.

What was the highest services employment in Paraguay?▾

Paraguay's services employment peaked at 65.08% in 2025.

What was the lowest services employment in Paraguay?▾

The lowest services employment in Paraguay was 50.58% in 2002.

How does Paraguay rank in services employment?▾

Paraguay ranks 104th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Paraguay in 2026?▾

Paraguay's services employment is projected to reach 66.77% by 2026 based on trend extrapolation.

What is the services employment of Paraguay in 2025?▾

The services employment of Paraguay in 2025 was 65.08%. This ranks 104th in the world.

Cite this page

APA
Paraguay Services Employment. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/paraguay/services-employment/
BibTeX
@misc{historysaid_paraguay_services-employment, title = {Paraguay Services Employment}, url = {https://historysaid.com/paraguay/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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