Paraguay GDP (2026)

Live
Last updated: GDP values are shown in current U.S. dollars

Paraguay has an agriculture- and energy-based economy supported by soybeans, livestock, hydropower, food processing, commerce, and river transportation. Competitive electricity supplies and access to regional markets have helped attract investment in manufacturing and export industries. This page presents Paraguay GDP data, historical trends, and the country’s economic outlook for 2026.

Paraguay Live GDP
$44,882,084,873
GDP Added Today
$97,591,723
GDP Growth Rate (2026)
4.20%
vs 2025
▼ −1.80%
GDP Per Capita (2026)
$9,372
vs 2025
▲ +$1,680
Global Rank (Nominal)
#96
of 218 countries
Years Covered
1980–2026
47 years

Paraguay GDP Growth (1980–2026)

Annual real GDP growth rate (%)

Historical Highlights

1980–2026 GDP performance summary

Highest GDP $60.54B
Lowest GDP $4.05B
Average Growth 3.41%
1980–2026
Best Growth 11.70%
Weakest Growth -3.00%
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Share of World GDP (2026)

Paraguay 0.05%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.14%
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Key Findings

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Paraguay's GDP in 2026 is $60.54B.

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It ranks #96 among 218 countries.

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Paraguay contributes 0.05% to the world economy.

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GDP per capita is $9,372 in 2026.

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The economy recorded GDP growth of 4.20% in 2026.

Historical Data

Paraguay GDP Historical Data (1980–2026)

2026 $60,542,000,000 4.20% $9,372 0.05% #95
2025 $49,358,000,000 6.00% $7,692 0.04% #97
2024 $44,739,000,000 4.70% $7,020 0.04% #100
2023 $43,140,000,000 5.30% $6,819 0.04% #100
2022 $41,841,000,000 0.00% $6,658 0.04% #99
2021 $39,937,000,000 4.00% $6,392 0.04% #98
2020 $35,432,000,000 -0.80% $5,713 0.04% #99
2019 $37,925,000,000 -0.40% $6,172 0.04% #100
2018 $40,225,000,000 3.20% $6,609 0.05% #98
2017 $38,997,000,000 4.80% $6,469 0.05% #96
2016 $36,090,000,000 4.30% $6,046 0.05% #98
2015 $36,211,000,000 3.00% $6,125 0.05% #97
2014 $40,378,000,000 5.30% $6,894 0.05% #96
2013 $38,651,000,000 8.30% $6,658 0.05% #95
2012 $33,296,000,000 -0.70% $5,784 0.04% #97
2011 $33,737,000,000 4.30% $5,907 0.05% #94
2010 $27,129,000,000 11.10% $4,786 0.04% #96
2009 $22,355,000,000 -0.30% $3,973 0.04% #100
2008 $24,615,000,000 6.50% $4,405 0.04% #100
2007 $17,856,000,000 5.40% $3,217 0.03% #104
2006 $13,430,000,000 4.80% $2,437 0.03% #108
2005 $10,738,000,000 2.10% $1,964 0.02% #113
2004 $9,624,000,000 4.10% $1,776 0.02% #112
2003 $7,691,000,000 4.30% $1,434 0.02% #114
2002 $7,196,000,000 0.00% $1,356 0.02% #111
2001 $8,496,000,000 -0.80% $1,622 0.02% #101
2000 $8,856,000,000 -2.30% $1,718 0.03% #102
1999 $8,837,000,000 -1.40% $1,749 0.03% #100
1998 $9,260,000,000 0.10% $1,873 0.03% #96
1997 $9,965,000,000 4.20% $2,061 0.03% #94
1996 $9,788,000,000 1.60% $2,071 0.03% #89
1995 $9,062,000,000 6.80% $1,963 0.03% #87
1994 $7,871,000,000 5.30% $1,747 0.03% #89
1993 $7,249,000,000 4.90% $1,650 0.03% #87
1992 $7,158,000,000 1.70% $1,671 0.03% #86
1991 $6,984,000,000 3.50% $1,674 0.03% #80
1990 $4,904,000,000 4.10% $1,207 0.02% #93
1989 $4,046,000,000 5.80% $1,024 0.02% #97
1988 $5,584,000,000 5.90% $1,453 0.03% #83
1987 $4,216,000,000 4.10% $1,129 0.02% #89
1986 $5,032,000,000 0.30% $1,386 0.03% #85
1985 $4,214,000,000 3.90% $1,194 0.03% #88
1984 $4,931,000,000 2.80% $1,439 0.04% #82
1983 $6,069,000,000 -3.00% $1,824 0.05% #78
1982 $5,470,000,000 -1.40% $1,693 0.05% #78
1981 $5,220,000,000 9.20% $1,664 0.04% #80
1980 $4,095,000,000 11.70% $1,344 0.04% #86

Paraguay GDP Projections (IMF)

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Year GDP Nominal (Current USD) GDP Growth Rate (%) GDP Per Capita (USD) World Share (%) Global Rank
2027 $64,029,000,000 3.50% $9,848 0.05% #90
2028 $67,644,000,000 3.50% $10,340 0.05% #90
2029 $71,476,000,000 3.50% $10,861 0.05% #90
2030 $75,522,000,000 3.50% $11,410 0.05% #90
2031 $79,788,000,000 3.50% $11,989 0.05% #90

Paraguay Economy Overview

Paraguay has an export-driven economy based on commercial agriculture, livestock, hydropower, and regional trade. Soybeans, beef, maize, wheat, rice, and oilseeds account for a large share of merchandise exports. Fertile land and large-scale farming operations have supported the development of food processing and agricultural supply industries.

The Itaipu and Yacyretá hydroelectric facilities generate abundant electricity, much of which is exported to neighboring countries. Low-cost power has also encouraged investment in manufacturing, metal processing, and energy-intensive activities. Commerce, banking, construction, transportation, and river logistics contribute to the service economy. The Paraguay and Paraná river systems provide essential trade access for the landlocked country.

Paraguay GDP Outlook

Paraguay’s economic prospects are supported by commercial agriculture, livestock production, hydropower, low-cost electricity, and growing investment in manufacturing. Food processing, forestry, renewable energy, logistics, and export-oriented industries could broaden the economy beyond primary commodities. Improved river transport and regional connections may strengthen trade competitiveness. Droughts, flooding, fluctuations in soybean and beef prices, dependence on neighboring markets, informal employment, and infrastructure gaps remain the principal risks.