Paraguay GDP Annual Growth Rate  1995-2016 | Data | Chart | Calendar

The economy of Paraguay advanced 5 percent year-on-year in the third quarter of 2016, following a 6.2 percent expansion in the previous period. Growth was driven by private consumption (+1.0 percent from +1.1 percent in Q2) and gross capital formation (+6.6 percent from +1.1 percent) while government spending decreased (-4.0 percent from -5.4 percent). Exports increased at a slower pace (+5.4 percent from +7.2 percent) while imports decreased (-3.0 percent from -1.0 percent). On a quarterly basis, the GDP expanded 0.5 percent, following a 2.5 percent increase in Q2. GDP Annual Growth Rate in Paraguay averaged 3.39 percent from 1995 until 2016, reaching an all time high of 16.40 percent in the first quarter of 2013 and a record low of -7.70 percent in the second quarter of 2009.

Paraguay GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-03 04:45 PM Q1 1.5% 1.1% 3%
2016-09-06 05:00 PM Q2 6.2% 1.5% 1.5%
2016-12-06 05:00 PM Q3 5.0% 6.2% 2.6%
2017-03-03 05:40 PM Q4 5.0% 6.85%
2017-06-02 04:45 PM Q1 7.29%
2017-09-06 05:00 PM Q2 5.48%




Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 2.50 12.90 -5.00 percent [+]
GDP Annual Growth Rate 5.00 6.20 16.40 -7.70 percent [+]
GDP 27.62 30.88 30.88 0.40 USD Billion [+]
Gross Fixed Capital Formation 6025134.00 5219093.00 7205928.00 697807.00 Million PYG [+]
GDP per capita 3824.81 3761.95 3824.81 1025.52 USD [+]
GDP per capita PPP 8643.69 8501.63 8643.69 5807.24 USD [+]
GDP Constant Prices 7396829004.00 7285834710.00 7772644717.00 3381598909.00 PYG Thousand [+]
GDP From Agriculture 1086000375.00 1352037128.00 1680410803.00 384499172.00 PYG Thousand [+]
GDP From Construction 378327852.00 314891696.00 378327852.00 97717570.00 PYG Thousand [+]
GDP From Manufacturing 847991490.00 750451045.00 847991490.00 461398668.00 PYG Thousand [+]
GDP From Services 3167029137.00 3087332163.00 3372684697.00 1376976650.00 PYG Thousand [+]
GDP From Utilities 857069369.00 865548009.00 892808938.00 447920688.00 PYG Thousand [+]



Paraguay GDP Annual Growth Rate Notes

The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle ranching 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP. This page provides - Paraguay GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 6.20 16.40 -7.70 1995 - 2016 percent Quarterly



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