Paraguay Labour Productivity Growth

2018 - 2024 | Quarterly | % | CEIC Data

Key information about Paraguay Labour Productivity Growth

  • Paraguay Labour Productivity improved by 6.19 % YoY in Jun 2024, compared with a growth of 1.54 % in the previous quarter
  • Paraguay Labour Productivity Growth data is updated quarterly, available from Mar 2018 to Jun 2024, averaging at 1.38 %
  • The data reached an all-time high of 26.80 % in Dec 2022 and a record low of -7.59 % in Mar 2019

CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The Central Bank of Paraguay provides Real GDP in local currency, at 2014 prices. The National Institute of Statistics provides Employment

View Paraguay's Labour Productivity Growth from Mar 2018 to Jun 2024 in the chart:

Paraguay Labour Productivity Growth

What was Paraguay's Labour Productivity Growth in Jun 2024?

Paraguay Labour Productivity improved by 6.19 % YoY in Jun 2024, compared with a growth of 1.54 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.19 Jun 2024 1.54 Mar 2024 -7.59 Mar 2019 26.80 Dec 2022 % quarterly Mar 2018 - Jun 2024

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 1.59 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) 0.71 2023 yearly 1992 - 2023
Argentina (%) -4.29 2023 yearly 1992 - 2023
Armenia (%) 8.23 Jun 2024 quarterly Mar 2009 - Jun 2024
Australia (%) -1.38 Jun 2024 quarterly Jun 1979 - Jun 2024
Austria (%) -0.77 Jun 2024 quarterly Mar 2005 - Jun 2024
Azerbaijan (%) 3.27 Jun 2024 quarterly Mar 2009 - Jun 2024
Bahrain (%) -4.05 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 4.20 2023 yearly 1992 - 2023
Belarus (%) 5.31 Jun 2024 quarterly Mar 2006 - Jun 2024
Belgium (%) -0.31 Jun 2024 quarterly Mar 2000 - Jun 2024
Bolivia (%) 0.41 2023 yearly 2000 - 2023
Bosnia and Herzegovina (%) -0.81 2023 yearly 2007 - 2023
Botswana (%) 7.29 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.85 2023 yearly 1992 - 2023
Brunei (%) -1.49 2023 yearly 1992 - 2023
Bulgaria (%) 0.56 Jun 2024 quarterly Mar 2001 - Jun 2024
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) -0.17 Sep 2024 quarterly Mar 1977 - Sep 2024
Chile (%) -0.25 Sep 2024 quarterly Mar 1987 - Sep 2024
China (%) 4.27 2023 yearly 1953 - 2023
Colombia (%) 1.45 Sep 2024 quarterly Mar 2002 - Sep 2024
Croatia (%) -1.53 Sep 2024 quarterly Mar 2008 - Sep 2024
Cyprus (%) 1.85 Sep 2024 quarterly Jun 2005 - Sep 2024
Czech Republic (%) -1.09 Jun 2024 quarterly Mar 1997 - Jun 2024
Denmark (%) 2.92 Sep 2024 quarterly Mar 1991 - Sep 2024
Ecuador (%) 0.24 2022 yearly 1992 - 2022
Egypt (%) 0.46 Jun 2024 quarterly Mar 2004 - Jun 2024
Estonia (%) -1.39 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 0.29 Sep 2024 quarterly Mar 2006 - Sep 2024
Finland (%) 0.50 Jun 2024 quarterly Mar 1991 - Jun 2024
France (%) -0.13 2023 yearly 1979 - 2023
Georgia (%) 3.38 2023 yearly 1997 - 2023
Germany (%) 0.00 Sep 2024 quarterly Mar 1992 - Sep 2024
Ghana (%) 0.65 2023 yearly 1992 - 2023
Greece (%) 1.73 Jun 2024 quarterly Mar 1996 - Jun 2024
Hong Kong SAR, China (%) 2.22 Sep 2024 quarterly Dec 1982 - Sep 2024
Hungary (%) -0.75 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (%) -6.43 Sep 2024 quarterly Mar 2004 - Sep 2024
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.63 2023 yearly 2001 - 2023
Iran (%) 3.00 2023 yearly 1992 - 2023
Ireland (%) -4.71 Sep 2024 quarterly Mar 1999 - Sep 2024
Israel (%) -2.24 Sep 2024 quarterly Mar 2013 - Sep 2024
Italy (%) -1.08 Sep 2024 quarterly Mar 1997 - Sep 2024
Ivory Coast (%) 3.12 2023 yearly 1992 - 2023
Japan (%) -0.12 Sep 2024 quarterly Mar 1995 - Sep 2024
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 3.91 Dec 2023 quarterly Mar 2002 - Dec 2023
Kenya (%) 2.70 2022 yearly 2011 - 2022
South Korea (%) 0.98 Sep 2024 quarterly Sep 1983 - Sep 2024
Kosovo (%) -6.22 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 1.60 2018 yearly 1992 - 2018
Kyrgyzstan (%) 3.15 2023 yearly 1993 - 2023
Laos (%) 1.51 2023 yearly 1992 - 2023
Latvia (%) 0.11 Jun 2024 quarterly Mar 2003 - Jun 2024
Lebanon (%) 2.12 2023 yearly 1992 - 2023
Lithuania (%) 1.63 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) -0.55 Jun 2024 quarterly Mar 1996 - Jun 2024
Macau SAR, China (%) 1.89 Sep 2024 quarterly Mar 2002 - Sep 2024
North Macedonia (%) 1.97 Jun 2024 quarterly Mar 2005 - Jun 2024
Malawi (%) -2.12 2023 yearly 1992 - 2023
Malaysia (%) 2.41 Sep 2024 quarterly Mar 2001 - Sep 2024
Malta (%) -0.04 Sep 2024 quarterly Dec 2001 - Sep 2024
Mauritius (%) 33.41 Mar 2024 quarterly Mar 2005 - Mar 2024
Mexico (%) 1.03 Sep 2024 quarterly Jun 1996 - Sep 2024
Moldova (%) 6.48 Jun 2024 quarterly Mar 2001 - Jun 2024
Mongolia (%) 1.34 Sep 2024 quarterly Sep 2007 - Sep 2024
Montenegro (%) 1.43 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 4.95 2023 yearly 2000 - 2023
Mozambique (%) 1.44 2023 yearly 1992 - 2023
Myanmar (%) 63.00 2021 yearly 1992 - 2021
Nepal (%) -0.24 2023 yearly 1992 - 2023
Netherlands (%) 0.82 Sep 2024 quarterly Mar 1996 - Sep 2024
New Zealand (%) -0.18 Jun 2024 quarterly Jun 1988 - Jun 2024
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 2.96 Sep 2024 quarterly Mar 1996 - Sep 2024
Oman (%) -4.24 2023 yearly 1999 - 2023
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.78 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 4.33 2023 yearly 1992 - 2023
Paraguay (%) 6.19 Jun 2024 quarterly Mar 2018 - Jun 2024
Peru (%) -0.87 2022 yearly 2002 - 2022
Philippines (%) 1.98 2023 yearly 1992 - 2023
Poland (%) 1.57 Sep 2024 quarterly Dec 1999 - Sep 2024
Portugal (%) 0.41 Jun 2024 quarterly Mar 1996 - Jun 2024
Qatar (%) -1.09 2023 yearly 2012 - 2023
Romania (%) -2.74 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 1.87 Sep 2024 quarterly Mar 2015 - Sep 2024
Singapore (%) 4.10 Sep 2024 quarterly Mar 1986 - Sep 2024
Slovakia (%) 1.62 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 1.49 Sep 2024 quarterly Mar 1996 - Sep 2024
South Africa (%) -1.50 Jun 2024 quarterly Mar 2009 - Jun 2024
Spain (%) 1.45 Jun 2024 quarterly Mar 1996 - Jun 2024
Sri Lanka (%) 5.03 Jun 2024 quarterly Jun 2013 - Jun 2024
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 1.98 Sep 2024 quarterly Mar 1994 - Sep 2024
Switzerland (%) 1.47 Sep 2024 quarterly Mar 2011 - Sep 2024

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Paraguay 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) -111.343 Nov 2024 monthly Jan 2003 - Nov 2024
Tax Revenue (USD mn) 460.137 Nov 2024 monthly Jan 1998 - Nov 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: Expenditure: Total (PYG mn) 5,317,326.261 Nov 2024 monthly Jan 2003 - Nov 2024
Central Government: Revenue: Total (PYG mn) 4,457,167.226 Nov 2024 monthly Jan 2003 - Nov 2024
Central Government: Loan Net / Net Debt (PYG mn) -1,578,660.555 Nov 2024 monthly Jan 2003 - Nov 2024
Central Government: Operating Balance (PYG mn) -860,159.035 Nov 2024 monthly Jan 2003 - Nov 2024
Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) 718,501.520 Nov 2024 monthly Jan 2003 - Nov 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.724 2028 yearly 1980 - 2028
Trade Balance (USD mn) -220.6 Nov 2024 monthly Jan 1994 - Nov 2024
Total Exports (USD mn) 1,124.4 Nov 2024 monthly Jan 1994 - Nov 2024
Total Exports Growth (%) -21.0 Nov 2024 monthly Jan 1995 - Nov 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) 1,345.0 Nov 2024 monthly Jan 1994 - Nov 2024
Total Imports Growth (%) -2.4 Nov 2024 monthly Jan 1995 - Nov 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) 30.433 Aug 2024 monthly Nov 1978 - Aug 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) 62,567.373 Nov 2024 monthly Jan 1994 - Nov 2024
Exports: Agricultural Products: Beef (USD th) 144,571.266 Nov 2024 monthly Jan 1994 - Nov 2024
Exports: Agricultural Products: Soybean Oil (USD th) 15,208.367 Nov 2024 monthly Jan 1994 - Nov 2024
Exports: Fuels & Energy: Electric Power (USD th) 79,473.382 Nov 2024 monthly Jan 1994 - Nov 2024
Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) 20,555.905 Nov 2024 monthly Jan 1994 - Nov 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) 88,052.625 Nov 2024 monthly Jan 1994 - Nov 2024
Imports: Capital Goods: MAM: Computers (USD th) 12,440.105 Nov 2024 monthly Jan 1994 - Nov 2024
Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) 71,353.043 Nov 2024 monthly Jan 1994 - Nov 2024
Imports: Intermediate Goods: Chemicals (USD th) 119,045.678 Nov 2024 monthly Jan 1994 - Nov 2024
Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) 110,084.055 Nov 2024 monthly Jan 1994 - Nov 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: Argentina (USD th) 285,916.279 Sep 2024 quarterly Mar 1994 - Sep 2024
Imports: fob: Brazil (USD th) 1,027,819.155 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: Services: Exports (USD mn) 245.177 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Goods: Imports (USD mn) -3,361.324 Sep 2018 quarterly Mar 2000 - Sep 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
External Debt: Monetary Authority: Short Term (USD mn) 0.000 Dec 2018 quarterly Dec 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.4 Oct 2024 monthly Jan 1999 - Oct 2024
Money Supply M1 (USD mn) 5,429.498 Oct 2024 monthly Dec 1988 - Oct 2024
Money Supply M2 (USD mn) 10,164.324 Oct 2024 monthly Dec 1988 - Oct 2024
M2 Growth (%) 11.5 Oct 2024 monthly Dec 1989 - Oct 2024
Foreign Exchange Reserves (USD mn) 8,547.6 Nov 2024 monthly Dec 1956 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 20.660 Jun 2024 quarterly Dec 1994 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 6.4 Nov 2024 monthly Jan 1994 - Nov 2024
Gold Reserves (USD mn) 698.550 Nov 2024 monthly Dec 1956 - Nov 2024
Total Deposits (USD mn) 21,052.857 Oct 2024 monthly Jan 1994 - Oct 2024
Total Deposits Growth (%) 14.9 Oct 2024 monthly Jan 1995 - Oct 2024
Domestic Credit (USD mn) 21,145.7 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 16.8 Sep 2024 monthly Dec 2002 - Sep 2024
Total Loans (USD mn) 21,294.574 Oct 2024 monthly Jan 2006 - Oct 2024
Total Loans Growth (%) 19.70 Oct 2024 monthly Jan 2007 - Oct 2024
Private Debt: % of Nominal GDP (%) 40.92 Sep 2023 quarterly Dec 1994 - Sep 2023
Monetary Aggregate: M2 (PYG mn) 80,053,298.100 Oct 2024 monthly Jan 1994 - Oct 2024
Monetary Aggregate: Monetary Base (PYG mn) 27,402,026.744 Oct 2024 monthly Jan 1994 - Oct 2024
Monetary Aggregate: M1 (PYG mn) 42,762,239.693 Oct 2024 monthly Jan 1994 - Oct 2024
Monetary Aggregate: M3 (PYG mn) 149,238,596.771 Oct 2024 monthly Jan 1994 - Oct 2024
International Reserves: USD (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018

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