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 7,353,000 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 96 position by nominal GDP. Its national debt in 2021 was 12,659 millions of euros (14,982 millions of dollars), ( 37.5% debt-to-GDP ratio) and its public debt per capita is €1,722 euros per inhabitant$2,038 dollars per inhabitant.

The last annual rate of CPI published in Paraguay was on August of 2023 and it was 2.9%.

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 [+]2022€39,595M
Annual GDP [+]2022$41,722M
GDP per capita [+]2022€5,385
GDP per capita [+]2022$5,674
Debt (M.€.) [+]202112,659
Debt ($M) [+]202114,982
Debt (%GDP) [+]202137.50%
Debt Per Capita [+]2021€1,722
Debt Per Capita [+]2021$2,038
Deficit (M.€) [+]2021-2,046
Deficit ($M) [+]2021-2,421
Deficit (%GDP) [+]2021-6.06%
Expenditure (M.€) [+]20218,371.3
Expenditure ($M) [+]20219,907.6
Education Expenditure (M.€) [+]20201,025.6
Education Expenditure ($M) [+]20201,170.5
Education Expenditure (%Bud.) [+]20219.64%
Gov. Health Exp. (M.€) [+]20171,044.9
Gov. Health Exp.($M) [+]20171,180.0
Gov. Health Exp. (%Bud.) [+]201710.48%
Defence Expenditure (M.€) [+]2021328.8
Defence Expenditure ($M) [+]2021389.1
Defence Expenditure (%Bud.) [+]20214.16%
Expenditure (%GDP) [+]202124.80%
Expenditure Per Capita [+]2021€1,138
Expenditure Per Capita [+]2021$1,347
Education Expenditure P.C [+]2020€141
Education Expenditure P.C [+]2020$161
Gov. Health Exp. P.C. [+]2017€153
Gov. Health Exp. P.C. [+]2017$173
Defence Expenditure P.C. [+]2021€45
Defence Expenditure P.C. [+]2021$53
Moody's Rating [+]07/22/2022Ba1
S&P Rating [+]06/11/2014BB
Fitch Rating [+]12/06/2019BB+
Corruption Index [+]202228
Competitiveness Ranking [+]201997º
Fragile States Index [+]201869.8
RTI Raking [+]09/28/2018108º
Innovation Ranking [+]201889º
Unemployment rate [+]2017Q37.7%
Unemployed [+]2017Q393K
NMW [+]2019$367.9
NMW [+]2019€321.0
Human Capital Ranking [+]201790º
Euro / Guaranies [+]09/22/20237,773.3100
US Dollar exchange rate [+]09/22/20237,292.7200
CPI (overall index) [+]August 20232.9%
Money Market
Key rates [+]09/21/20238.00%
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 [+]2021€8,918.0M
Exports [+]2021$10,547.3M
Exports % GDP [+]202126.42%
Imports [+]2021€11,465.1M
Imports [+]2021$13,559.7M
Imports % GDP [+]202133.96%
Trade balance [+]2021€-2,547.1M
Trade balance [+]2021$-3,012.4M
Trade balance % GDP [+]2021-7.55%
Global AgeWatch Ranking [+]201569º
Density [+]202118
Global Peace Ranking [+]202277º
Remittance received ($M) [+]2017732.0
% Immigrant [+]20202.34%
% Emigrant [+]202012.36%
Birth Rate [+]202120.63‰
Remittance sent ($M) [+]2017233.0
Crude death rate [+]20217.64‰
Fertility Rate [+]20212.47
% risk of poverty [+]202026.9%
Population [+]20217,353,000
Immigrant stock [+]2020169,567
Emigrant stock [+]2020896,484
HDI [+]20210.717
Gender Gap Ranking [+]202280º
Life expectancy [+]202170.26
Suicides [+]2015680
Suicide rate [+]201510.07
Number of homicides [+]2021525
Rate Homicides per 100.000 [+]20217.83
Energy and Environment
CO2 Tons per capita [+]20211.24
Consumption GWh [+]20217,677
Generation GWh [+]202140,023
COVID-19 - Deaths [+]09/21/202319,967
COVID-19 - Confirmed [+]09/21/2023735,816
Fully vaccinated [+]05/12/20233,546,685
COVID-19 - Deaths per million population [+]09/21/20232,715.49
Doses administered [+]05/12/20239,745,545