Gross Domestic Product of Paraguay fell -0.8% in 2020 compared to last year. This rate is 4 -tenths of one percent less than the previous year, when changed -0.4%.
The GDP figure in 2020 was €31,046$35,432 million, Paraguay is number 96 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Paraguay dropped €2,812$2,475 million with respect to 2019.
The GDP per capita of Paraguay in 2020 was €4,281$4,885, €453$415 less than in 2019, when it was €4,734$5,300. 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 2010 when the GDP per capita in Paraguay was €3,263$4,330.
If we order the countries according to their GDP per capita, Paraguay is in 102th 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.