GDP in Paraguay

Paraguay GDP | Economic News & Forecasts

Paraguay - GDP

Incoming data suggests that growth slowed in the first quarter, continuing the trend that started in the second half of 2018. In March, economic activity fell for the fourth consecutive month and at the sharpest pace in nearly a decade, owing mainly to reduced hydroelectric power generation, as well as lower soy production amid adverse weather conditions. Moreover, following feeble growth in January–February, sales plunged in March primarily in the retail and manufacturing sectors, hinting that domestic demand weakened. Meanwhile, available indicators signal that soft activity persisted at the outset of Q2. Merchandise exports nosedived again in April on lower shipments of soy products, signaling that agricultural production remained depressed.

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 Rate6,2350.18 %Jun 20

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