Paraguay Forecast: Real GDP Growth
1980 - 2028 | Yearly | % | International Monetary Fund
Key information about Paraguay Forecast: Real GDP Growth
- Paraguay Real GDP Growth is forecasted to be 4.500 % in Dec 2023 as reported by International Monetary Fund.
- It records no change from the last reported number of 0.200 % in Dec 2022.
- Looking ahead, Paraguay Real GDP Growth is projected to stand at 3.500 % in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Paraguay's Forecast: Real GDP Growth from 1980 to 2028 in the chart:
What is Paraguay's Forecast: Real GDP Growth in 2028?
Paraguay Real GDP Growth is forecasted to be 4.500 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.500 2028 | 3.500 2027 | -3.043 1983 | 11.712 1980 | % | yearly | 1980 - 2028 |
Forecast: Real GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 2.711 2023 | yearly | 2003 - 2023 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2028 | yearly | 2001 - 2028 |
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.100 2028 | yearly | 1987 - 2028 |
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 5.114 2029 | yearly | 1980 - 2029 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.643 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 3.437 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 2.983 2029 | yearly | 1980 - 2029 |
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
| Finland (%) | 1.519 2029 | yearly | 1980 - 2029 |
| France (%) | 1.450 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.432 2029 | yearly | 1980 - 2029 |
| India (%) | 6.042 2029 | yearly | 1981 - 2029 |
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.800 2029 | yearly | 2001 - 2029 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 2.084 2030 | yearly | 1981 - 2030 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doParaguay Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.8 Jun 2024 | quarterly | Dec 2003 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -22.438 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Tax Revenue (USD mn) | 450.880 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 13.6 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| National Government Debt (USD mn) | 13,433.8 2022 | yearly | 2003 - 2022 |
| Government Debt: % of GDP (%) | 36.2 Jun 2024 | quarterly | Dec 2014 - Jun 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) | 4,365,918.050 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Central Government: Operating Balance (PYG mn) | -172,227.925 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Central Government: Expenditure: Total (PYG mn) | 4,538,145.976 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) | 538,260.358 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Central Government: Loan Net / Net Debt (PYG mn) | -710,488.283 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.724 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -96.1 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Total Exports (USD mn) | 1,171.6 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Total Exports Growth (%) | -20.3 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Aluminum: Exports (USD th) | 8,993.137 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 70,176.502 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 14,511.739 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,267.8 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Total Imports Growth (%) | -12.6 Sep 2024 | monthly | Jan 1995 - Sep 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) | 38.671 Jul 2024 | monthly | Nov 1978 - Jul 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: Primary Products: Soy (USD th) | 186,944.428 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Exports: Agricultural Products: Soybean Oil (USD th) | 36,476.310 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Exports: Agricultural Products: Beef (USD th) | 149,696.718 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) | 30,029.297 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Exports: Fuels & Energy: Electric Power (USD th) | 95,889.310 Sep 2024 | monthly | Jan 1994 - Sep 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: Uruguay (USD th) | 47,763.237 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Exports: fob: Chile (USD th) | 223,477.698 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Imports: Intermediate Goods: Chemicals (USD th) | 161,810.151 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) | 90,271.067 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Imports: Capital Goods: MAM: Computers (USD th) | 11,565.542 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) | 105,749.510 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) | 73,620.070 Sep 2024 | monthly | Jan 1994 - Sep 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 |
| Export Value Index (2015=100) | 126.216 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 131.760 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) | 37.7 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 0.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 172.2 Mar 2022 | quarterly | Mar 2008 - Mar 2022 |
| Foreign Direct Investment: % of GDP (%) | -0.3 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 0.000 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 0.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 0.000 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| External Debt (USD mn) | 21,762.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| External Debt: % of GDP (%) | 55.7 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) | -16,092.214 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| BoP: Current Account: Services: Imports (USD mn) | -318.600 Sep 2018 | quarterly | Mar 2000 - Sep 2018 |
| BoP: Current Account: Goods: Imports (USD mn) | -3,361.324 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: Others: Short Term (USD mn) | 4,126.020 Dec 2018 | quarterly | Dec 2002 - Dec 2018 |
| External Debt: Banks: Short Term (USD mn) | 514.311 Dec 2018 | quarterly | Dec 2002 - Dec 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.5 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Money Supply M1 (USD mn) | 5,498.628 Sep 2024 | monthly | Dec 1988 - Sep 2024 |
| Money Supply M2 (USD mn) | 10,290.725 Sep 2024 | monthly | Dec 1988 - Sep 2024 |
| M2 Growth (%) | 11.3 Sep 2024 | monthly | Dec 1989 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 8,674.2 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 20.660 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.8 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Gold Reserves (USD mn) | 697.850 Sep 2024 | monthly | Dec 1956 - Sep 2024 |
| Total Deposits (USD mn) | 20,847.100 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Total Deposits Growth (%) | 13.7 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Domestic Credit (USD mn) | 20,538.0 Apr 2024 | monthly | Dec 2001 - Apr 2024 |
| Domestic Credit Growth (%) | 14.0 Apr 2024 | monthly | Dec 2002 - Apr 2024 |
| Total Loans (USD mn) | 20,925.969 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Total Loans Growth (%) | 18.38 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 40.92 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
| Monetary Aggregate: M2 (PYG mn) | 80,199,169.142 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Monetary Aggregate: Monetary Base (PYG mn) | 27,294,797.110 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Monetary Aggregate: M1 (PYG mn) | 42,852,707.321 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Monetary Aggregate: M3 (PYG mn) | 148,539,309.368 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| International Reserves (USD mn) | 9,873.443 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| International Reserves: USD (USD mn) | 6,783.55 Aug 2018 | monthly | Jan 1994 - Aug 2018 |
More Indicators for Paraguay
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National Accounts
GDP: by Expenditure: 1994 Price
GDP: by Industry: 1994 Price: Annual
GDP: Implicit Price Deflator: by Industry: 1994 Price
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
Contribution to GDP
GDP: by Expenditure: 1994 Price: Annual
GDP: Implicit Price Deflator: by Expenditure: 1994 Price
GDP Per Capita: USD: North and South America
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real