Fiscal Balance in Paraguay
Paraguay - Fiscal BalanceThe economy lost traction in the third quarter, with annual growth cooling markedly to 1.1%—the weakest pace in two-and-a-half years—from 6.4% in Q2. A disappointing external sector performance, with exports recording the largest annual contraction in over nine years amid a loss of product competitiveness, was primarily behind the slowdown. Available data for the fourth quarter, however, points to somewhat improved dynamics: In October, economic activity swung back to expansion after contracting in year-on-year terms in September, largely reflecting higher electricity production and increased turnover in the retail trade sector.
Paraguay - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.7||-1.1||-1.7||-1.5||-1.5|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||6,053||0.18 %||Jan 16|
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