py Paraguay 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$39.95 billion

↑ 12.75% vs 2020
GDP per Capita

$5,976.93

↑ 11.40% vs 2020
GDP Growth (Annual %)

4.02%

↑ 4.84pp vs 2020
Inflation Rate (CPI %)

4.79%

↑ 3.02pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $35.43 billion $39.95 billion +12.75%
GDP per Capita $5,365.47 $5,976.93 +11.40%
GDP Growth (Annual %) -0.82% 4.02% +4.84pp
Inflation (CPI %) 1.77% 4.79% +3.02pp
Unemployment Rate (%) 7.55% 7.31% -0.24pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$39.95 billion
GDP per Capita
$5,976.93
GDP Growth (Annual %)
4.02%
Gross National Income
$38.56 billion
Prices & Employment
Inflation (CPI %)
4.79%
Inflation (GDP Deflator %)
8.45%
Unemployment Rate (%)
7.31%
Interest Rate (Real %)
3.75%
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)
-1.11%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Paraguay's Gross Domestic Product (GDP) is $39.95 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Paraguay for 2021 is $5,976.93. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Paraguay for 2021 is 4.79%. This measures the annual percentage change in the cost of consumer goods and services.

Paraguay's annual GDP growth rate for 2021 is 4.02%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Paraguay for 2021 is 7.31%. This represents the percentage of the labor force that is unemployed and actively seeking employment.