Paraguay External Debt: % of GDP

2000 - 2023 | Yearly | % | CEIC Data

Key information about Paraguay External Debt: % of GDP

  • Paraguay External Debt accounted for 56.2 % of the country's Nominal GDP in 2023, compared with the ratio of 54.6 % in the previous year.
  • Paraguay External Debt: % of Nominal GDP data is updated yearly, available from Dec 2000 to Dec 2023.
  • The data reached an all-time high of 215.2 % in Dec 2002 and a record low of 43.5 % in Dec 2013.

1.CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The Central Bank of Paraguay provides External Debt in USD and Nominal GDP in local currency. The Central Bank of Paraguay average market exchange rate is used for currency conversions. External Debt prior to 2008 is based on BPM5.


Related information about Paraguay External Debt: % of GDP

  • In the latest reports of Paraguay, Current Account recorded a deficit of 388.1 USD mn in Sep 2024.
  • Foreign Direct Investment (FDI) increased by 172.2 USD mn in Mar 2022.
  • Paraguay Direct Investment Abroad expanded by 157.0 USD mn in Mar 2022.
  • Its Foreign Portfolio Investment remained the same 0.0 USD mn in Jun 2024.
  • The country's External Debt reached 21,762.3 in Sep 2022.
  • The country's Nominal GDP was reported at 11.0 USD bn in Mar 2023.

View Paraguay's External Debt: % of GDP from 2000 to 2023 in the chart:

Paraguay External Debt: % of GDP

What was Paraguay's External Debt: % of GDP in 2023?

Paraguay External Debt accounted for 56.2 % of the country's Nominal GDP in 2023, compared with the ratio of 54.6 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
56.2 2023 54.6 2022 43.5 2013 215.2 2002 % yearly 2000 - 2023

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 45.9 2023 yearly 1991 - 2023
Algeria (%) 1.3 2023 yearly 1970 - 2023
Argentina (%) 45.3 2023 yearly 1994 - 2023
Armenia (%) 64.2 2023 yearly 2000 - 2023
Australia (%) 109.2 2023 yearly 1988 - 2023
Austria (%) 136.1 2023 yearly 1997 - 2023
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 51.1 Mar 2024 quarterly Dec 2000 - Mar 2024
Belgium (%) 231.5 2023 yearly 2007 - 2023
Bolivia (%) 35.0 2023 yearly 2006 - 2023
Bosnia and Herzegovina (%) 18.1 2023 yearly 1999 - 2023
Botswana (%) 7.3 2023 yearly 1995 - 2023
Brazil (%) 27.7 2023 yearly 1992 - 2023
Bulgaria (%) 47.6 2023 yearly 1999 - 2023
Cambodia (%) 56.7 2022 yearly 2010 - 2022
Canada (%) 139.5 2023 yearly 1990 - 2023
Chile (%) 71.7 2023 yearly 1971 - 2023
China (%) 13.4 2023 yearly 1985 - 2023
Colombia (%) 53.7 2023 yearly 1970 - 2023
Croatia (%) 73.5 2022 yearly 1998 - 2022
Cyprus (%) 828.3 2023 yearly 2004 - 2023
Czech Republic (%) 61.7 2023 yearly 1995 - 2023
Denmark (%) 132.3 2023 yearly 2005 - 2023
Ecuador (%) 48.7 2023 yearly 1970 - 2023
Egypt (%) 38.8 Jun 2024 quarterly Jun 1999 - Jun 2024
Estonia (%) 89.2 2023 yearly 1996 - 2023
European Union (%) 111.1 2023 yearly 2008 - 2023
Finland (%) 215.3 2023 yearly 1991 - 2023
France (%) 244.9 2023 yearly 2004 - 2023
Georgia (%) 79.6 2023 yearly 1999 - 2023
Germany (%) 146.1 2023 yearly 1999 - 2023
Ghana (%) 39.5 2023 yearly 1999 - 2023
Greece (%) 246.0 2023 yearly 2003 - 2023
Hong Kong SAR, China (%) 483.7 2023 yearly 2001 - 2023
Hungary (%) 128.8 2023 yearly 2006 - 2023
Iceland (%) 75.5 2023 yearly 1989 - 2023
India (%) 18.9 2023 yearly 1970 - 2023
Indonesia (%) 29.8 2023 yearly 2003 - 2023
Iran (%) 0.3 2023 yearly 1994 - 2023
Ireland (%) 556.6 2023 yearly 2002 - 2023
Israel (%) 28.4 2023 yearly 1998 - 2023
Italy (%) 129.0 2022 yearly 2002 - 2022
Ivory Coast (%) 31.4 2021 yearly 1994 - 2021
Japan (%) 107.7 2023 yearly 2003 - 2023
Jordan (%) 80.7 2023 yearly 1970 - 2023
Kazakhstan (%) 59.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Kenya (%) 40.3 2023 yearly 2006 - 2023
South Korea (%) 36.6 2023 yearly 1994 - 2023
Kosovo (%) 39.6 2023 yearly 2007 - 2023
Kuwait (%) 39.4 2023 yearly 2014 - 2023
Kyrgyzstan (%) 72.3 2023 yearly 2003 - 2023
Laos (%) 74.2 2023 yearly 1996 - 2023
Latvia (%) 106.8 Sep 2024 quarterly Mar 2000 - Sep 2024
Lebanon (%) 21.2 2021 yearly 2007 - 2021
Lithuania (%) 69.2 2023 yearly 1996 - 2023
Luxembourg (%) 4,446.8 2023 yearly 2002 - 2023
North Macedonia (%) 83.2 2023 yearly 2004 - 2023
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.2 2023 yearly 2009 - 2023
Malta (%) 858.8 2023 yearly 2004 - 2023
Mauritius (%) 1,359.5 2023 yearly 2009 - 2023
Mexico (%) 33.0 2023 yearly 2002 - 2023
Moldova (%) 63.3 2023 yearly 2000 - 2023
Mongolia (%) 170.1 2023 yearly 1992 - 2023
Montenegro (%) 141.5 2022 yearly 2006 - 2022
Morocco (%) 50.9 2022 yearly 1970 - 2022
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 373.8 2023 yearly 2003 - 2023
New Zealand (%) 86.4 2023 yearly 1993 - 2023
Nigeria (%) 11.9 2023 yearly 1985 - 2023
Norway (%) 148.1 2023 yearly 2003 - 2023
Pakistan (%) 35.1 2024 yearly 2000 - 2024
Palestinian Territory (%) 12.2 2023 yearly 2012 - 2023
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 56.2 2023 yearly 2000 - 2023
Peru (%) 39.3 2023 yearly 1980 - 2023
Philippines (%) 28.7 2023 yearly 1990 - 2023
Poland (%) 49.6 2023 yearly 1995 - 2023
Portugal (%) 149.6 2023 yearly 1996 - 2023
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 56.5 2023 yearly 1995 - 2023
Russia (%) 15.7 2023 yearly 1993 - 2023
Serbia (%) 65.3 2023 yearly 2000 - 2023
Singapore (%) 391.1 2023 yearly 2003 - 2023
Slovakia (%) 96.0 2023 yearly 1995 - 2023
Slovenia (%) 90.4 2023 yearly 1995 - 2023
South Africa (%) 41.5 2023 yearly 1985 - 2023
Spain (%) 163.6 2023 yearly 1995 - 2023
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 169.1 2023 yearly 1997 - 2023
Switzerland (%) 238.7 2023 yearly 1999 - 2023
Taiwan (%) 27.3 2023 yearly 1999 - 2023
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 38.0 Sep 2024 quarterly Mar 2005 - Sep 2024
Tunisia (%) 90.4 2023 yearly 2002 - 2023
Turkey (%) 45.1 2023 yearly 1989 - 2023

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Paraguay Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.0 Sep 2024 quarterly Dec 2003 - Sep 2024
Consolidated Fiscal Balance (USD mn) -232.584 Dec 2024 monthly Jan 2003 - Dec 2024
Tax Revenue (USD mn) 375.414 Dec 2024 monthly Jan 1998 - Dec 2024
Tax Revenue: % of GDP (%) 12.1 Sep 2024 quarterly Mar 1998 - Sep 2024
National Government Debt (USD mn) 13,433.8 2022 yearly 2003 - 2022
Government Debt: % of GDP (%) 36.6 Sep 2024 quarterly Dec 2014 - Sep 2024
Forecast: Government Expenditure (PYG bn) 96,759.226 2029 yearly 1980 - 2029
Forecast: Government Net Debt (PYG bn) 183,676.977 2029 yearly 1990 - 2029
Forecast: Government Revenue (PYG bn) 89,305.091 2029 yearly 1980 - 2029
Central Government: Revenue: Total (PYG mn) 4,233,141.661 Dec 2024 monthly Jan 2003 - Dec 2024
Central Government: Expenditure: Total (PYG mn) 6,029,568.296 Dec 2024 monthly Jan 2003 - Dec 2024
Central Government: Loan Net / Net Debt (PYG mn) -2,613,084.963 Dec 2024 monthly Jan 2003 - Dec 2024
Central Government: Operating Balance (PYG mn) -1,796,426.636 Dec 2024 monthly Jan 2003 - Dec 2024
Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) 816,658.328 Dec 2024 monthly Jan 2003 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.724 2028 yearly 1980 - 2028
Trade Balance (USD mn) -368.8 Dec 2024 monthly Jan 1994 - Dec 2024
Total Exports (USD mn) 1,058.0 Dec 2024 monthly Jan 1994 - Dec 2024
Total Exports Growth (%) -25.7 Dec 2024 monthly Jan 1995 - Dec 2024
Aluminum: Exports (USD th) 8,993.137 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 69,933.739 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 12,879.731 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,426.8 Dec 2024 monthly Jan 1994 - Dec 2024
Total Imports Growth (%) -4.0 Dec 2024 monthly Jan 1995 - Dec 2024
Imports: Medicament (USD th) 219,155.393 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 235,760.563 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 31.776 Sep 2024 monthly Nov 1978 - Sep 2024
Total Imports from USA (USD mn) 267.426 Sep 2024 quarterly Mar 1994 - Sep 2024
Total Exports to China (USD mn) 20.529 2023 yearly 2000 - 2023
Total Imports from China (USD mn) 1,250.250 Sep 2024 quarterly Mar 2000 - Sep 2024
Exports: Agricultural Products: Beef (USD th) 186,648.179 Dec 2024 monthly Jan 1994 - Dec 2024
Exports: Agricultural Products: Soybean Oil (USD th) 16,668.608 Dec 2024 monthly Jan 1994 - Dec 2024
Exports: Primary Products: Soy (USD th) 33,849.462 Dec 2024 monthly Jan 1994 - Dec 2024
Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) 1,678.930 Dec 2024 monthly Jan 1994 - Dec 2024
Exports: Fuels & Energy: Electric Power (USD th) 82,380.715 Dec 2024 monthly Jan 1994 - Dec 2024
Exports: fob: Brazil (USD th) 935,173.188 Sep 2024 quarterly Mar 1994 - Sep 2024
Exports: fob: Russia (USD th) 55,542.417 Sep 2024 quarterly Mar 1994 - Sep 2024
Exports: fob: Argentina (USD th) 869,133.134 Sep 2024 quarterly Mar 1994 - Sep 2024
Exports: fob: Chile (USD th) 223,477.698 Sep 2024 quarterly Mar 1994 - Sep 2024
Exports: fob: Uruguay (USD th) 47,763.237 Sep 2024 quarterly Mar 1994 - Sep 2024
Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) 89,511.095 Dec 2024 monthly Jan 1994 - Dec 2024
Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) 71,463.987 Dec 2024 monthly Jan 1994 - Dec 2024
Imports: Capital Goods: MAM: Computers (USD th) 12,937.636 Dec 2024 monthly Jan 1994 - Dec 2024
Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) 121,004.763 Dec 2024 monthly Jan 1994 - Dec 2024
Imports: Intermediate Goods: Chemicals (USD th) 108,669.563 Dec 2024 monthly Jan 1994 - Dec 2024
Imports: fob: China (USD th) 1,250,249.566 Sep 2024 quarterly Mar 1994 - Sep 2024
Imports: fob: United States (USD th) 267,425.863 Sep 2024 quarterly Mar 1994 - Sep 2024
Imports: fob: Japan (USD th) 66,791.318 Sep 2024 quarterly Mar 1994 - Sep 2024
Imports: fob: Brazil (USD th) 1,027,819.155 Sep 2024 quarterly Mar 1994 - Sep 2024
Imports: fob: Argentina (USD th) 285,916.279 Sep 2024 quarterly Mar 1994 - Sep 2024
Import Value Index (2015=100) 131.760 2021 yearly 1980 - 2021
Export Value Index (2015=100) 126.216 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 157.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Current Account Balance (USD mn) -388.1 Sep 2024 quarterly Mar 2008 - Sep 2024
Current Account Balance: % of GDP (%) -3.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Direct Investment (USD mn) 172.2 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Direct Investment: % of GDP (%) 0.3 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) 0.000 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 0.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Sep 2024 quarterly Mar 2000 - Sep 2024
External Debt (USD mn) 21,762.3 Sep 2022 quarterly Mar 2008 - Sep 2022
External Debt: % of GDP (%) 56.2 2023 yearly 2000 - 2023
External Debt: Short Term (USD mn) 4,654.1 Dec 2021 quarterly Dec 2002 - Dec 2021
External Debt: Short Term: % of GDP (%) 11.6 2021 yearly 2002 - 2021
Forecast: Current Account Balance (USD bn) -0.121 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -16,063.476 Sep 2024 quarterly Mar 2001 - Sep 2024
BoP: Current Account: Goods: Imports (USD mn) -3,361.324 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Services: Imports (USD mn) -318.600 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Services: Exports (USD mn) 245.177 Sep 2018 quarterly Mar 2000 - Sep 2018
External Debt: Monetary Authority: Short Term (USD mn) 0.000 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Banks: Short Term (USD mn) 514.311 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Others: Short Term (USD mn) 4,126.020 Dec 2018 quarterly Dec 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.4 Nov 2024 monthly Jan 1999 - Nov 2024
Money Supply M1 (USD mn) 5,989.345 Dec 2024 monthly Dec 1988 - Dec 2024
Money Supply M2 (USD mn) 11,048.786 Dec 2024 monthly Dec 1988 - Dec 2024
M2 Growth (%) 11.5 Nov 2024 monthly Dec 1989 - Nov 2024
Foreign Exchange Reserves (USD mn) 8,687.7 Dec 2024 monthly Dec 1956 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 19.403 Sep 2024 quarterly Dec 1994 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 6.1 Dec 2024 monthly Jan 1994 - Dec 2024
Gold Reserves (USD mn) 687.394 Dec 2024 monthly Dec 1956 - Dec 2024
Total Deposits (USD mn) 21,149.846 Dec 2024 monthly Jan 1994 - Dec 2024
Total Deposits Growth (%) 14.3 Nov 2024 monthly Jan 1995 - Nov 2024
Domestic Credit (USD mn) 21,318.9 Oct 2024 monthly Dec 2001 - Oct 2024
Domestic Credit Growth (%) 16.7 Oct 2024 monthly Dec 2002 - Oct 2024
Total Loans (USD mn) 22,099.520 Dec 2024 monthly Jan 2006 - Dec 2024
Total Loans Growth (%) 20.31 Nov 2024 monthly Jan 2007 - Nov 2024
Private Debt: % of Nominal GDP (%) 40.81 Sep 2023 quarterly Dec 1994 - Sep 2023
Monetary Aggregate: M2 (PYG mn) 80,927,755.516 Nov 2024 monthly Jan 1994 - Nov 2024
Monetary Aggregate: Monetary Base (PYG mn) 27,821,721.199 Nov 2024 monthly Jan 1994 - Nov 2024
Monetary Aggregate: M1 (PYG mn) 42,988,335.427 Nov 2024 monthly Jan 1994 - Nov 2024
Monetary Aggregate: M3 (PYG mn) 149,461,531.963 Nov 2024 monthly Jan 1994 - Nov 2024
International Reserves (USD mn) 9,872.263 Dec 2024 monthly Jan 1994 - Dec 2024
International Reserves: USD (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018

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