Home Paraguay Economy & Growth Services Value Added

Paraguay – Services Value Added

Value added by the services sector as a share of GDP. Includes trade, transport, government, financial, and professional services. · World Bank
48.75% +0.61% from 2023 G20 rank: 46th · all-time high: 49.56% (2019)

Paraguay's services value added was 48.75% in 2024, an increase of +0.61% from 48.14% in 2023. This ranked 46th in the G20. The all-time high was 49.56% in 2019.

APA

Paraguay Services Value Added. HistorySaid. Retrieved March 12, 2026, from https://historysaid.com/paraguay/services-value-added

BibTeX

@misc{historysaid_paraguay_services-value-added,
  title = {Paraguay Services Value Added},
  url = {https://historysaid.com/paraguay/services-value-added},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
Paraguay Services Value Added – Historical Data
YearValueChangeRank
2027* trend 49.12%
2026* trend 48.89%
2025* trend 48.65%
2024 48.75% +0.61% 46th
2023 48.14% +0.40% 50th
2022 47.74% +0.75% 52nd
2021 46.99% −1.16% 45th
2020 48.15% −1.40% 38th
2019 49.56% +0.68% 47th
2018 48.88% +0.92% 48th
2017 47.96% +0.33% 44th
2016 47.63% −1.01% 38th
2015 48.64% +1.53% 45th
Show all years (1962–2024)
* Linear trend extrapolation from last 5 data points
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%
This pattern occurred 682 times in G20 history, 460 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
+12.6%
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%
Reserves YoY
+20.1%
GDP growth
2.8%
C/A balance
3.3%
HistorySaid – pattern alert

Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 67% of countries showing this pattern (460 out of 682) saw services value added improve within 24 months. View full analysis →