Gross Domestic Product of Paraguay grew 4.7% in 2023 compared to last year. This rate is 45 -tenths of one percent higher than the figure of 0.2% published in 2022.
The GDP figure in 2023 was €39,695$42,956 million, Paraguay is number 99 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Paraguay dropped €113$1,003 million with respect to 2022.
The GDP per capita of Paraguay in 2023 was €5,800$6,276, €459$648 higher than in 2022, it was €5,341$5,628. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Paraguay was €4,437$5,893.
If we order the countries according to their GDP per capita, Paraguay is in 105th position of the 196 countries whose GDP we publish.
Here we show you the progression of the GDP in Paraguay. You can see GDP in other countries in GDP and see all the economic information about Paraguay in Paraguay's economy.