Paraguay Paraguay

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Paraguay, is a country located at South America, it has an area of 406,752 Km2.

Paraguay, with a population of 7,454,000 people, it is one of the least populous country in the world and it has a low population density, 18 people per km2.

It's capital is Asuncion and its currency is Guaranies

Paraguay is holding the 98 position by nominal GDP. Its national debt in 2022 was 16,136 millions of euros (17,005 millions of dollars), ( 40.76% debt-to-GDP ratio) and its public debt per capita is €2,165 euros per inhabitant$2,281 dollars per inhabitant.

The last annual rate of CPI published in Paraguay was on June of 2024 and it was 4.3%.

In terms of the human development index (HDI) of Paraguay, which is the index used by the United Nations to measure the progress of a country, was 0.717 points in 2021, leaving it in 105th place in the table of 191 countries published.

If the reason to visit Paraguay are business, you must know it's in the 125th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Paraguay, if you want to see information about other countries click here

Asuncion: Monthly Temp.
Asuncion: Monthly Rainfall
Paraguay Economy
Annual GDP [+]2023€39,695M
Annual GDP [+]2023$42,956M
GDP per capita [+]2023€5,325
GDP per capita [+]2023$5,763
Debt (M.€.) [+]202216,136
Debt ($M) [+]202217,005
Debt (%GDP) [+]202240.76%
Debt Per Capita [+]2022€2,165
Debt Per Capita [+]2022$2,281
Deficit (M.€) [+]2022-1,493
Deficit ($M) [+]2022-1,574
Deficit (%GDP) [+]2022-3.77%
Expenditure (M.€) [+]20229,353.6
Expenditure ($M) [+]20229,857.5
Education Expenditure (M.€) [+]20221,352.0
Education Expenditure ($M) [+]20221,424.8
Education Expenditure (%Bud.) [+]202224.07%
Gov. Health Exp. (M.€) [+]20211,507.5
Gov. Health Exp.($M) [+]20211,784.2
Gov. Health Exp. (%Bud.) [+]202118.01%
Defence Expenditure (M.€) [+]2022329.2
Defence Expenditure ($M) [+]2022346.9
Defence Expenditure (%Bud.) [+]20223.70%
Expenditure (%GDP) [+]202223.63%
Expenditure Per Capita [+]2022€1,255
Expenditure Per Capita [+]2022$1,322
Education Expenditure P.C [+]2022€181
Education Expenditure P.C [+]2022$191
Gov. Health Exp. P.C. [+]2021€225
Gov. Health Exp. P.C. [+]2021$266
Defence Expenditure P.C. [+]2022€44
Defence Expenditure P.C. [+]2022$47
Moody's Rating [+]07/22/2022Ba1
S&P Rating [+]02/01/2024BB+
Fitch Rating [+]12/06/2019BB+
Corruption Index [+]202228
Competitiveness Ranking [+]201997º
Fragile States Index [+]201869.8
RTI Raking [+]2022118º
Innovation Ranking [+]201889º
Unemployment rate [+]2017Q37.7%
Unemployed [+]2017Q393K
NMW [+]2019$367.9
NMW [+]2019€321.0
Human Capital Ranking [+]201790º
Euro / Guaranies [+]07/19/20248,244.8800
US Dollar exchange rate [+]07/19/20247,572.4500
CPI (overall index) [+]June 20244.3%
Money Market
Key rates [+]03/22/20246.00%
Doing Business [+]2020125º
Passengers vehicles Year [+]December 201920,599
Annual Vehicles/ 1,000 p. [+]December 20193.90
Vehicles / 1,000 people [+]201596.64
Tax Revenue (%GDP) [+]202114.0%
Standard VAT [+]01/01/200610.00%
Annual arrivals [+]20191,215,645
Exports [+]2023€10,996.5M
Exports [+]2023$11,890.5M
Exports % GDP [+]202327.70%
Imports [+]2023€14,893.8M
Imports [+]2023$16,104.6M
Imports % GDP [+]202337.52%
Trade balance [+]2023€-3,897.3M
Trade balance [+]2023$-4,214.1M
Trade balance % GDP [+]2023-9.82%
Global AgeWatch Ranking [+]201569º
Density [+]202218
Global Peace Ranking [+]202368º
Remittance received ($M) [+]2017732.0
% Immigrant [+]20202.34%
% Emigrant [+]202012.36%
Birth Rate [+]202220.33‰
Remittance sent ($M) [+]2017233.0
Crude death rate [+]20227.44‰
Fertility Rate [+]20222.44
% risk of poverty [+]202224.7%
Population [+]20227,454,000
Immigrant stock [+]2020169,567
Emigrant stock [+]2020896,484
HDI [+]20210.717
Gender Gap Ranking [+]202391º
Life expectancy [+]202270.48
Suicides [+]2015680
Suicide rate [+]201510.07
Number of homicides [+]2022472
Rate Homicides per 100.000 [+]20226.96
Energy and Environment
CO2 Tons per capita [+]20221.37
Consumption GWh [+]202217,486
Generation GWh [+]202244,005
COVID-19 - Deaths [+]07/07/202419,880
COVID-19 - Confirmed [+]07/07/2024735,759
Fully vaccinated [+]05/12/20233,546,685
COVID-19 - Deaths per million population [+]07/07/20242,667.02
Doses administered [+]05/12/20239,745,545