Paraguay GDP Growth Rate  2008-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Paraguay contracted 0.30 percent in the fourth quarter of 2016 over the previous quarter. GDP Growth Rate in Paraguay averaged 1.25 percent from 2008 until 2016, reaching an all time high of 12.90 percent in the first quarter of 2013 and a record low of -5 percent in the first quarter of 2012.

Paraguay GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-06 05:00 PM Q2 2.5% 1% 0.7%
2016-12-06 05:00 PM Q3 0.5% 2.5% 0.6%
2017-03-07 04:10 PM Q4 -0.3% 0.5% 1.3%
2017-06-06 04:45 PM Q1 -0.3% 1.30%
2017-09-05 05:00 PM Q2 0.85%
2017-12-05 06:00 PM Q3 1.68%




Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.30 0.20 12.90 -5.00 percent [+]
GDP Annual Growth Rate 3.40 5.40 16.40 -7.70 percent [+]
GDP 27.09 30.88 30.88 0.40 USD Billion [+]
Gross Fixed Capital Formation 8845974.61 7232064.73 8845974.61 697807.00 Million PYG [+]
GDP per capita 3822.86 3761.95 3822.86 1025.52 USD [+]
GDP per capita PPP 8639.28 8501.63 8639.28 5807.24 USD [+]
GDP Constant Prices 8001806484.00 7389347334.00 8001806484.00 3381598909.00 PYG Thousand [+]
GDP From Agriculture 1529191767.00 1091659835.00 1677131955.00 384499172.00 PYG Thousand [+]
GDP From Construction 322955105.00 365915981.00 365915981.00 97717570.00 PYG Thousand [+]
GDP From Manufacturing 863423987.00 851126804.00 863423987.00 461398668.00 PYG Thousand [+]
GDP From Services 3420021152.00 3162240278.00 3420021152.00 1376976650.00 PYG Thousand [+]
GDP From Utilities 872435297.00 857669564.00 892307653.00 447920688.00 PYG Thousand [+]


Paraguay GDP Growth Rate Notes

In the last decade, Paraguay has been one of the fastest growing economies in Latin America. From 2008 to 2012, the country has been expanding at an average rate of 0.93 percent on a quarter over quarter basis, mostly due to a rise in exports of agricultural commodities. Shipments of soy, cereals and meat account for more than 65 percent of total exports and for almost a quarter of the output. Yet, high poverty, inequality rates and corruption, remain the biggest challenges that the country has to face in order to reach its growth potential. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.20 12.90 -5.00 2008 - 2016 percent Quarterly



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France 0.40 Dec/16
Germany 0.40 Dec/16
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Japan 0.30 Dec/16
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Serbia 0.20 Dec/16
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Switzerland 0.10 Dec/16
Belize 0.04 Sep/16
Finland 0.00 Dec/16
Paraguay -0.30 Dec/16
South Africa -0.30 Dec/16
Chile -0.40 Dec/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
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Bahrain -2.70 Dec/16
Trinidad And Tobago -3.30 Sep/16