Latin America & Caribbean
🇵🇾 Paraguay
Real-time economic and demographic statistics for Paraguay
GDP
#103
of 214
Population
#109
of 217
GDP per Capita
#130
of 214
GDP Growth
#115
of 214
Share of World
0.04%
of world GDP
Income Level
Upper middle income
Paraguay GDP (2015–2024)
+4.25%annual growth
Chart data: 2015: 36,211,447,840.097 USD, 2016: 36,089,700,222.946 USD, 2017: 38,997,129,473.556 USD, 2018: 40,225,448,340.632 USD, 2019: 37,925,338,329.149 USD, 2020: 35,432,178,068.181 USD, 2021: 39,950,899,938.748 USD, 2022: 41,952,910,858.088 USD, 2023: 43,118,053,174.541 USD, 2024: 44,458,118,399.667 USD
Demographics
6.9M
Population
+1.24%annual growth
Labor Market
6.09%
Unemployment Rate
+0.30ppannual change
Verified: Nov 2025
Economics
+3.84%
Inflation Rate
-0.80ppannual change
Frequently Asked Questions
- What is Paraguay's GDP?
- Paraguay's GDP is approximately $44.5 billion (2024, representing 0.0% of world GDP), making it the #103 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Paraguay's population?
- Paraguay has a population of approximately 6.9M — the #109 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Paraguay's GDP per capita?
- Paraguay's GDP per capita is approximately $6,416, ranking #130 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Paraguay's economy growing?
- Paraguay's economy is currently growing at approximately 4.2% per year, ranking #115 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Paraguay in?
- Paraguay is located in the Latin America & Caribbean region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.
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