py Paraguay 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$35.43 billion

↓ 6.57% vs 2019
GDP per Capita

$5,365.47

↓ 7.83% vs 2019
GDP Growth (Annual %)

-0.82%

↓ 0.42pp vs 2019
Inflation Rate (CPI %)

1.77%

↓ 0.99pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $37.93 billion $35.43 billion -6.57%
GDP per Capita $5,821.18 $5,365.47 -7.83%
GDP Growth (Annual %) -0.40% -0.82% -0.42pp
Inflation (CPI %) 2.76% 1.77% -0.99pp
Unemployment Rate (%) 6.60% 7.55% +0.95pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$35.43 billion
GDP per Capita
$5,365.47
GDP Growth (Annual %)
-0.82%
Gross National Income
$34.22 billion
Prices & Employment
Inflation (CPI %)
1.77%
Inflation (GDP Deflator %)
2.20%
Unemployment Rate (%)
7.55%
Interest Rate (Real %)
11.09%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
1.87%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Paraguay's Gross Domestic Product (GDP) is $35.43 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Paraguay for 2020 is $5,365.47. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Paraguay for 2020 is 1.77%. This measures the annual percentage change in the cost of consumer goods and services.

Paraguay's annual GDP growth rate for 2020 is -0.82%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Paraguay for 2020 is 7.55%. This represents the percentage of the labor force that is unemployed and actively seeking employment.