Fiscal Balance in Paraguay

Paraguay Fiscal Balance | Economic News & Forecasts

Paraguay - Fiscal Balance

The economy contracted more sharply in the second quarter, with GDP shrinking 3.0% in year-on-year terms following the first quarter’s 2.1% drop. Fixed investment led the decline, falling at a notably faster rate in Q2 than in Q1, while inventories made a negative contribution. On the plus side, private consumption rebounded mildly amid a slight pick-up in bank lending, and public spending accelerated in the quarter as the government leverages accommodative monetary conditions to boost infrastructure investment. Meanwhile, the external sector turned less downbeat in Q2, as exports shrank at a slightly softer pace and imports dived on a slump in capital spending. Turning to the third quarter, a rebound in overall economic activity in July provided some respite, although a continued fall in credit growth and a negative contribution by the external sector warrants caution.

Paraguay - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.3  -0.9  -1.3  -1.1  -1.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Paraguay Facts

ValueChangeDate
Exchange Rate6,2480.18 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form