Paraguay GDP Growth Rate 2008-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Paraguay contracted 0.60 percent in the second quarter of 2014 over the previous quarter. GDP Growth Rate in Paraguay averaged 1.28 Percent from 2008 until 2014, reaching an all time high of 10.90 Percent in the first quarter of 2013 and a record low of -5 Percent in the first quarter of 2012. GDP Growth Rate in Paraguay is reported by the Banco Central del Paraguay.

   
 
 

Paraguay GDP Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.60 2.20 10.90 -5.00 2008 - 2014 Percent Quarterly
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. Content for - Paraguay GDP Growth Rate - was last refreshed on Saturday, November 1, 2014.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-20 05:00 PM Paraguay
GDP Growth Rate QoQ
Q3 2013 1.4% 0.3% (R) 5.89%
2014-03-28 02:00 PM Paraguay
GDP Growth Rate QoQ
Q4 2013 -0.1% 1.4% 4.29%
2014-06-20 05:15 PM Paraguay
GDP Growth Rate QoQ
Q1 2014 2.2% -0.1% 3.37%
2014-09-26 06:30 PM Paraguay
GDP Growth Rate QoQ
Q2 2014 -0.6% 2.2% 2.25%
2014-12-22 02:00 PM Paraguay
GDP Growth Rate QoQ
Q3 2014 -0.6% 2.37%


Paraguay GDP Last Previous Highest Lowest Unit
GDP 29.95 24.61 29.95 0.40 USD Billion [+]
GDP Growth Rate -0.60 2.20 10.90 -5.00 Percent [+]
GDP Annual Growth Rate 3.00 4.10 16.40 -7.40 Percent [+]
GDP per capita 1917.73 1718.31 1917.73 569.51 USD [+]
GDP per capita PPP 7786.92 6975.47 7786.92 5741.83 USD [+]
Gross Fixed Capital Formation 4361215.00 6127270.00 6127270.00 701395.00 Million PYG [+]