Paraguay GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Paraguay expanded 12.10 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay is reported by the Banco Central del Paraguay. GDP Annual Growth Rate in Paraguay averaged 3.24 Percent from 1995 until 2013, reaching an all time high of 16.40 Percent in the first quarter of 2013 and a record low of -7.40 Percent in the second quarter of 2009. 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. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.10 13.70 16.40 -7.40 21.42 | 2014/03 1995 - 2013 Percent Quarterly

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Paraguay GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-21 06:30 PM Paraguay
GDP Growth Rate YoY
Q1 2013 14.8% -0.9% (R) 2.68%
2013-09-27 09:30 PM Paraguay
GDP Growth Rate YoY
Q2 2013 13.3% 14.7% (R) 16.46%
2013-12-20 05:00 PM Paraguay
GDP Growth Rate YoY
Q3 2013 12.9% 14.9% (R) 19.74%
2014-03-28 02:00 PM Paraguay
GDP Growth Rate YoY
Q4 2013 12.1% 13.7% (R) 11.5%
2014-06-20 02:00 PM Paraguay
GDP Growth Rate YoY
Q1 2014 12.1% 21.42%
2014-09-26 02:00 PM Paraguay
GDP Growth Rate YoY
Q2 2014 21.3%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 25.50 2012-12-31 26.01 26.01 0.40 27.92 2013-12-31 USD Billion [+]
GDP Growth Rate -0.10 2013-12-31 1.40 10.90 -5.00 3.37 2014-03-31 Percent [+]
GDP Annual Growth Rate 12.10 2013-12-31 13.70 16.40 -7.40 21.42 2014-03-31 Percent [+]
GDP per capita 1718.31 2012-12-31 1769.65 1769.65 569.51 1694.63 2013-12-31 USD [+]
GDP per capita PPP 5289.77 2012-12-31 5447.81 5447.81 3851.47 5271.17 2013-12-31 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Paraguay Interest Rate at 6.75 Percent  
The benchmark interest rate in Paraguay was last recorded at 6.75 percent. Interest Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Minimum Wages at 1658.23 PYG Thousand  
Minimum Wages in Paraguay remained unchanged at 1658.23 PYG Thousand in January of 2014 from 1658.23 PYG Thousand in December of 2013. Minimum Wages in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Balance of Trade at 86778.19 USD Thousands  
Paraguay recorded a trade surplus of 86778.19 USD Thousands in March of 2014. Balance of Trade in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Exports at 951346.76 USD Thousands  
Exports in Paraguay increased to 951346.76 USD Thousands in March of 2014 from 863523 USD Thousands in February of 2014. Exports in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Imports at 864568.56 USD Thousands  
Imports in Paraguay increased to 864568.56 USD Thousands in March of 2014 from 854731 USD Thousands in February of 2014. Imports in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Current Account at -238.10 USD Million  
Paraguay recorded a Current Account deficit of 238.10 USD Million in the fourth quarter of 2013. Current Account in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Inflation Rate at 6.10 Percent  
The inflation rate in Paraguay was recorded at 6.10 percent in March of 2014. Inflation Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay GDP Annual Growth Rate at 12.10 Percent  
The Gross Domestic Product (GDP) in Paraguay expanded 12.10 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay GDP Growth Rate at -0.10 Percent  
The Gross Domestic Product (GDP) in Paraguay contracted 0.10 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Paraguay is reported by the Banco Central del Paraguay.
Paraguay Corporate Tax Rate at 10.00 percent  
The Corporate Tax Rate in Paraguay stands at 10 percent. Corporate Tax Rate in Paraguay is reported by the Dirección General de Administración y Finanzas.
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