GDP in Paraguay

Paraguay GDP | Economic News & Forecasts

Paraguay - GDP

The 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 - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)14.0  4.7  3.0  4.0  4.3  

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Paraguay GDP Chart


Paraguay GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Central Bank of Paraguay.

Paraguay Facts

ValueChangeDate
Exchange Rate6,0720.18 %Jan 30

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