Paraguay — GDP growth
GDP Growth (Annual %) for Paraguay, 1961–2025.
GDP growth for Paraguay was 6.64% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 12.03% in 1978. The lowest was -3.04% in 1983 (about -2.2× the low point). Across that span the compound annual growth rate works out to -0.06% per year.
Paraguay ranks 25 of 212 economies on this measure (1 = highest), putting it in the top 12%. The median for Latin America & Caribbean is 3.38%, so Paraguay sits above it. It peaked in 1978 and has fallen 45% since. Over the last decade (2015–2025) the figure moved up 125%. Within Latin America & Caribbean it ranks 3 of 40 economies; Turks and Caicos Islands (5.64%) is just below it. Its sharpest one-year move was up 20286% in 2003. That is 111% above this series' own ten-year average.
Data highlights
World ranking. Climbed: 29th of 107 in 1961 → 62nd of 119 in 1970 → 14th of 152 in 1980 → 70th of 176 in 1990 → 189th of 199 in 2000 → 9th of 209 in 2010 → 50th of 209 in 2020 → 21st of 186 in 2025.
Key figures
Full history — 1961 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 6.64% | +2.0 pp |
| 2024 | 4.67% | -0.6 pp |
| 2023 | 5.29% | +5.3 pp |
| 2022 | -0.03% | -4.0 pp |
| 2021 | 3.99% | +4.8 pp |
| 2020 | -0.82% | -0.4 pp |
| 2019 | -0.4% | -3.6 pp |
| 2018 | 3.2% | -1.6 pp |
| 2017 | 4.81% | +0.5 pp |
| 2016 | 4.27% | +1.3 pp |
| 2015 | 2.96% | -2.3 pp |
| 2014 | 5.3% | -3.0 pp |
| 2013 | 8.29% | +9.0 pp |
| 2012 | -0.71% | -5.0 pp |
| 2011 | 4.29% | -6.8 pp |
| 2010 | 11.1% | +11.4 pp |
| 2009 | -0.26% | -6.8 pp |
| 2008 | 6.5% | +1.1 pp |
| 2007 | 5.42% | +0.6 pp |
| 2006 | 4.81% | +2.7 pp |
| 2005 | 2.13% | -1.9 pp |
| 2004 | 4.06% | -0.3 pp |
| 2003 | 4.32% | +4.3 pp |
| 2002 | -0.02% | +0.8 pp |
| 2001 | -0.83% | +1.5 pp |
| 2000 | -2.31% | -0.9 pp |
| 1999 | -1.37% | -1.4 pp |
| 1998 | 0.07% | -4.2 pp |
| 1997 | 4.24% | +2.7 pp |
| 1996 | 1.57% | -5.2 pp |
| 1995 | 6.82% | +1.5 pp |
| 1994 | 5.32% | +0.4 pp |
| 1993 | 4.94% | +3.2 pp |
| 1992 | 1.7% | -1.8 pp |
| 1991 | 3.49% | -0.6 pp |
| 1990 | 4.12% | -2.8 pp |
| 1989 | 6.94% | +1.0 pp |
| 1988 | 5.92% | -1.7 pp |
| 1987 | 7.58% | +2.6 pp |
| 1986 | 4.96% | +0.4 pp |
| 1985 | 4.52% | +1.7 pp |
| 1984 | 2.82% | +5.9 pp |
| 1983 | -3.04% | -1.6 pp |
| 1982 | -1.4% | -10.6 pp |
| 1981 | 9.17% | -2.5 pp |
| 1980 | 11.71% | -0.2 pp |
| 1979 | 11.86% | -0.2 pp |
| 1978 | 12.03% | +0.5 pp |
| 1977 | 11.49% | +4.0 pp |
| 1976 | 7.53% | +0.7 pp |
| 1975 | 6.85% | -1.5 pp |
| 1974 | 8.38% | +1.1 pp |
| 1973 | 7.3% | +0.7 pp |
| 1972 | 6.63% | +1.1 pp |
| 1971 | 5.54% | -0.0 pp |
| 1970 | 5.55% | +0.9 pp |
| 1969 | 4.7% | +0.2 pp |
| 1968 | 4.53% | -4.6 pp |
| 1967 | 9.15% | +7.2 pp |
| 1966 | 1.99% | -4.2 pp |
| 1965 | 6.17% | +2.0 pp |
| 1964 | 4.21% | -0.5 pp |
| 1963 | 4.71% | +1.4 pp |
| 1962 | 3.3% | -3.6 pp |
| 1961 | 6.9% | — |
Frequently asked questions
What was Paraguay’s GDP growth in 1962?
3.3% (1962). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Paraguay’s GDP growth growing or shrinking?
Between 1961 and 2025 the series was shrinking overall: -3.7% in total — about 0.1% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 6.64%; 2024: 4.67%; 2023: 5.29%; 2022: -0.03%; 2021: 3.99%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.