Paraguay Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Paraguay's services value added was 48.65% in 2025, ranked 144th globally. This represents a 0.2% decrease from 2024. Data from World Bank, covering 1962–2025.
Overview
Paraguay's services value added stood at 48.65% in 2025, a decline of +0.09% from 2024. Based on recent trends, this figure is projected to reach 48.65% by 2025. Paraguay ranked 144th globally.
Paraguay’s services value added accounted for 48.65 percent of GDP in 2025, ranking the country 144th globally, according to World Bank data. Over a 64-year period beginning in 1962 at 38.92 percent, the sector reached its all-time peak in 2019 at 49.56 percent before a slight contraction. The lowest point occurred in 1973, when services contributed just 37.39 percent of GDP. Paraguay’s performance in 2025 places it in close proximity to peer economies such as Iran, Islamic Republic of, at 48.41 percent and Benin at 48.60 percent, suggesting a regional and income-level pattern in service sector dependency. Despite modest fluctuations, the long-term trend reflects gradual structural expansion in services, consistent with broader economic development patterns. However, the recent dip from the 2019 high indicates vulnerability to external shocks or policy constraints. Sustained growth in financial, digital, and business services, along with improved infrastructure and regulatory frameworks, would be necessary to reverse the recent stagnation and push the sector toward a higher growth trajectory in the coming decade.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 49.12% | - | - |
| 2026* trend | 48.89% | - | - |
| 2025* trend | 48.65% | - | - |
| 2025 | 48.65% | −0.09% | #144 |
| 2024 | 48.75% | +0.61% | #46 |
| 2023 | 48.14% | +0.40% | #50 |
| 2022 | 47.74% | +0.75% | #52 |
| 2021 | 46.99% | −1.16% | #45 |
| 2020 | 48.15% | −1.40% | #38 |
| 2019 | 49.56% | +0.68% | #47 |
| 2018 | 48.88% | +0.92% | #48 |
| 2017 | 47.96% | +0.33% | #44 |
| 2016 | 47.63% | −1.01% | #38 |
| 2015 | 48.64% | +1.53% | #45 |
| 2014 | 47.12% | +0.13% | #47 |
| 2013 | 46.98% | −1.16% | #49 |
| 2012 | 48.14% | +3.28% | #58 |
| 2011 | 44.86% | −0.48% | #44 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's services value added was 48.65% in 2025. Ranked 144th globally. This represents a 0.2% decrease from the previous year.
Paraguay's services value added peaked at 49.56% in 2019.
The lowest services value added in Paraguay was 37.39% in 1973.
Paraguay ranks 144th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Paraguay's services value added is projected to reach 48.65% by 2025 based on trend extrapolation.
The services value added of Paraguay in 2025 was 48.65%. This ranks 144th in the world.
Cite this page
@misc{historysaid_paraguay_services-value-added,
title = {Paraguay Services Value Added},
url = {https://historysaid.com/paraguay/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}