Key data points
Last release
—
Observation period
2024
Next release
—
Forecast
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Highest
44.46 B USD on Dec 31, 2024
Lowest
440.00 M USD on Dec 31, 1965
About Paraguay GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Paraguay GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2024 Paraguay GDP was 44.46 B USD, and the year before it reached 43.12 B USD.
Paraguay GDP accounts for 0.04% of the world GDP.
In 2024 Paraguay GDP Per Capita was 6.64 K USD, and in 2023 it reached 6.45 K USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Paraguay Real GDP was 60.71 T PYG, the quarter before it reached 63.95 T PYG.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Paraguay GDP has ever reached is 44.46 B USD.
The lowest ever value Paraguay GDP has reached is 440 M USD.