py Paraguay 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$43.67 billion

↑ 1.66% vs 2023
GDP per Capita

$6,380.71

↑ 1.66% vs 2023
GDP Growth (Annual %)

1.66%

↓ 3.05pp vs 2023
Inflation Rate (CPI %)

3.84%

↓ 0.80pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $42.96 billion $43.67 billion +1.66%
GDP per Capita $6,276.35 $6,380.71 +1.66%
GDP Growth (Annual %) 4.71% 1.66% -3.05pp
Inflation (CPI %) 4.63% 3.84% -0.80pp
Unemployment Rate (%) 5.79% 6.09% +0.30pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$43.67 billion
GDP per Capita
$6,380.71
GDP Growth (Annual %)
1.66%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
3.84%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
6.09%
Interest Rate (Real %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Paraguay's Gross Domestic Product (GDP) is $43.67 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Paraguay for 2024 is $6,380.71. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Paraguay for 2024 is 3.84%. This measures the annual percentage change in the cost of consumer goods and services.

Paraguay's annual GDP growth rate for 2024 is 1.66%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Paraguay for 2024 is 6.09%. This represents the percentage of the labor force that is unemployed and actively seeking employment.