Paraguay | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.50 0.5 1.1 1 1 1.34 percent [+]
Unemployment Rate 8.90 9.1 9 8.9 8.8 7.2 percent [+]
Inflation Rate 4.20 4.08 3.95 3.99 3.98 3.8 percent [+]
Interest Rate 5.50 5.5 5.5 5.25 5.25 6.5 percent [+]
Balance of Trade -176241.00 -97528 -20914 -46881 -60702 -53221 USD Thousands [+]
Government Debt to GDP 19.70 20.69 21.07 21.45 21.83 21.98 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 5826.50 5827 5884 5942 6000 6923 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.50 0.5 1.1 1 1 1.34 percent [+]
GDP Annual Growth Rate 5.00 1.5 1.6 2 2.1 3 percent [+]
GDP 27.62 26 26 29 29 32 USD Billion [+]
Gross Fixed Capital Formation 6025134.00 7624145 5876003 6789064 7200573 8398224 Million PYG [+]
GDP per capita 3824.81 4035 4129 4129 4129 4500 USD [+]
GDP per capita PPP 8643.69 9129 9236 9343 9451 11021 USD [+]
GDP Constant Prices 7396829004.00 8000817494 7816583072 7623104201 7708279650 8894397280 PYG Thousand [+]
GDP From Agriculture 1086000375.00 1358312967 1419640539 1236140701 1236653959 984353162 PYG Thousand [+]
GDP From Construction 378327852.00 341512365 312265502 335932144 352685264 335922240 PYG Thousand [+]
GDP From Manufacturing 847991490.00 843157743 791462759 769908763 847540045 829198490 PYG Thousand [+]
GDP From Services 3167029137.00 3399051134 3116683057 3129352706 3196259993 3450560568 PYG Thousand [+]
GDP From Utilities 857069369.00 859599089 882208891 870322061 869071207 869954166 PYG Thousand [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 8.90 9.1 9 8.9 8.8 7.2 percent [+]
Minimum Wages 1824.06 1824 1824 1824 1824 1824 PYG Thousand/Month [+]
Population 6.76 6.85 6.88 6.9 6.93 7.25 Million [+]
Living Wage Family 2481300.00 2657571 2549998 2615647 2575583 2590752 PYG/Month [+]
Living Wage Individual 1235500.00 1363493 1242976 1356454 1249603 1279108 PYG/Month [+]
Unemployed Persons 107990.00 72092 88671 102098 87969 84949 [+]
Wages High Skilled 4476200.00 4521333 4521333 4521333 4521333 4521333 PYG/Month [+]
Wages In Manufacturing 244.80 239 239 238 238 230 Index Points [+]
Wages Low Skilled 2440200.00 2276771 2290516 2289360 2289458 2289450 PYG/Month [+]
Employed Persons 1109421.00 1113772 1114704 1114355 1114374 1114221 [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 4.20 4.08 3.95 3.99 3.98 3.8 percent [+]
Core Consumer Prices 149.90 151 152 154 155 172 Index Points [+]
Core Inflation Rate 5.00 5.09 5.14 5.17 5.18 5.19 percent [+]
Inflation Rate Mom 1.00 0.48 0.31 0.34 0.34 0.34 percent [+]
GDP Deflator 531.61 535 529 531 541 596 Index Points [+]
Food Inflation 9.40 8.98 7.77 8.17 8.1 8.11 percent [+]
Cpi Transportation 120.40 120 121 121 121 125 Index Points [+]
Consumer Price Index Cpi 147.50 148 149 151 152 169 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 5.50 5.5 5.5 5.25 5.25 6.5 percent [+]
Deposit Interest Rate 3.51 3.22 3.32 3.42 3.51 3.4 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -176241.00 -97528 -20914 -46881 -60702 -53221 USD Thousands [+]
Exports 620890.00 660000 700000 700000 696497 850000 USD Thousands [+]
Imports 797135.00 811596 782190 779069 781863 783564 USD Thousands [+]
Current Account 438.10 -119 36.11 71.13 5.8 1.59 USD Million [+]
Current Account to GDP -1.70 -1.4 -1.3 -1.19 -1.08 -0.85 percent [+]
Remittances 743.00 679 674 669 664 651 USD Million [+]
Gold Reserves 8.19 8.19 8.19 8.19 8.19 8.19 Tonnes [+]
Terrorism Index 3.84 4.53 4.63 4.72 4.81 5.28 [+]
Foreign Direct Investment -21975.00 40955 36515 78195 77201 66729 USD Thousand [+]
External Debt 4657395.00 4646889 4645142 4646995 4647543 4647214 USD Thousand [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 19.70 20.69 21.07 21.45 21.83 21.98 percent [+]
Government Budget -1.50 -1.99 -1.9 -1.81 -1.72 -1.81 percent of GDP [+]
Military Expenditure 521.70 504 528 552 559 651 USD Million [+]
Government Spending 4268977.00 4830301 4271154 4828132 4273314 4813415 PYG Million [+]
Government Debt 6114.20 6312 6440 6565 6686 8002 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Steel Production 2.00 3.29 3.7 3.58 3.58 3.59 Thousand Tonnes [+]
Ease of Doing Business 106.00 104 104 103 103 104 [+]
Corruption Index 27.00 25.86 25.64 25.41 25.19 23.18 Points [+]
Corruption Rank 130.00 129 128 126 125 121 [+]
Changes In Inventories -139652.00 -145557 -154771 -148389 -152810 -150986 Million PYG [+]
Competitiveness Index 3.65 3.49 3.49 3.49 3.49 3.78 Points [+]
Competitiveness Rank 117.00 119 119 119 119 120 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Gasoline Prices 0.67 0.65 0.62 0.62 0.62 0.62 USD/Liter [+]
Consumer Spending 25719943.00 27973440 26227322 24709160 26465094 28606241 PYG Million [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 10.00 10 10 10 10 10 percent [+]
Sales Tax Rate 10.00 10 10 10 10 10 percent [+]
Social Security Rate 25.50 25.5 25.5 25.5 25.5 25.5 percent [+]
Social Security Rate For Companies 16.50 16.5 16.5 16.5 16.5 16.5 percent [+]
Social Security Rate For Employees 9.00 9 9 9 9 9 percent [+]





Economic Forecasts for Paraguay including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Paraguay economy. 12/7/2016