GDP in Paraguay

Paraguay GDP | Economic News & Forecasts

Paraguay - GDP

Incoming data suggests that soft dynamics persisted in the final quarter of 2018, following weak growth in the previous quarter that was weighed on by a sharp contraction in exports. After rebounding strongly in October, economic activity lost traction in November, growing only slightly in year-on-year terms due to less activity in the agricultural and construction sectors. On the external front, exports declined in annual terms in November and December, largely reflecting lower shipments of soy and beef products, shrinking the yearly trade surplus compared to 2017 and likely dragging on Q4’s overall growth performance.

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

Exchange Rate6,0500.18 %Feb 14

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