Paraguay GDP Annual Growth Rate  1995-2017 | Data | Chart | Calendar

The economy of Paraguay advanced 3.4 percent year-on-year in the fourth quarter of 2016, following an upwardly revised 5.4 percent expansion in the previous period. Gross capital formation (19.6 percent vs 6.6 percent in Q3) and private consumption (2.5 percent vs 1 percent in Q3) expanded faster while exports stalled (5.8 percent in Q3) and imports recovered (5 percent vs -1 percent). Meanwhile, government spending declined at a slower pace (-1.5 percent vs -5.4 percent). On a quarterly basis, the GDP contracted 0.3 percent, following a downwardly revised 0.2 percent growth in Q3. In 2016, the economy grew 4.1 percent compared to 3 percent in 2015. 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)
2016-09-06 05:00 PM Q2 6.2% 1.5% 1.5%
2016-12-06 05:00 PM Q3 5.0% 6.2% 2.6%
2017-03-07 04:10 PM Q4 3.4% 5.4% 4.3%
2017-06-06 04:45 PM Q1 3.4% 3.6%
2017-09-05 05:00 PM Q2 3.9%
2017-12-05 06:00 PM Q3 4.1%




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 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 5.40 16.40 -7.70 1995 - 2016 percent Quarterly



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