Paraguay's GDP expanded 6.6% year-on-year in Q3 2025, up from 6.5% in the previous quarter. Growth was driven by strong performance in services (6.9% vs 7.1% in Q2) and electricity and water (8.3% vs 14.1%), while agriculture rebounded sharply (9.5% vs 3.5%). On the other hand, expansion eased in construction (3.4% vs 4.5%) and in livestock, forestry, fishing and mining (2.7% vs 5.2%), whereas manufacturing accelerated (7.4% vs 4.5%). From the expenditure side, domestic demand rose 5.9%, well below the 14.1% recorded in Q2. source: Banco Central del Paraguay

The Gross Domestic Product (GDP) in Paraguay expanded 6.60 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay averaged 3.18 percent from 1995 until 2025, reaching an all time high of 14.00 percent in the second quarter of 2021 and a record low of -7.40 percent in the third quarter of 2000. This page provides - Paraguay GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The Gross Domestic Product (GDP) in Paraguay expanded 6.60 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Paraguay is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay GDP Annual Growth Rate is projected to trend around 2.70 percent in 2026 and 3.10 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-26 06:00 PM
GDP Growth Rate YoY
Q2 5.9% 5.9% 3.7%
2025-12-23 05:00 PM
GDP Growth Rate YoY
Q3 6.6% 5.9% 5.7%
2026-03-27 05:00 PM
GDP Growth Rate YoY
Q4 6.6% 1.0%


Related Last Previous Unit Reference
GDP Growth Rate YoY 6.60 6.50 percent Sep 2025
GDP Constant Prices 60169216.00 60713123.13 PYG Million Sep 2025
GDP from Agriculture 2931749.00 4050584.67 PYG Million Sep 2025
GDP from Construction 4083695.00 4032227.60 PYG Million Sep 2025
GDP from Manufacturing 12242236.80 11511035.70 PYG Million Sep 2025
GDP from Services 30133188.20 30040855.20 PYG Million Sep 2025
GDP from Utilities 3908583.90 4130518.30 PYG Million Sep 2025
GDP Growth Rate -1.89 -5.06 percent Sep 2025
Gross Fixed Capital Formation 20807098.00 22769413.00 PYG Million Sep 2025


Paraguay GDP Annual Growth Rate
In the last decade, Paraguay has been one of the fastest growing economies in Latin America 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 GDP. 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 21 percent. Construction and water and gas distribution accounts for the remaining 15 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.50 14.00 -7.40 1995 - 2025 percent Quarterly

News Stream
Paraguay GDP Annual Growth Accelerates in Q3
Paraguay's GDP expanded 6.6% year-on-year in Q3 2025, up from 6.5% in the previous quarter. Growth was driven by strong performance in services (6.9% vs 7.1% in Q2) and electricity and water (8.3% vs 14.1%), while agriculture rebounded sharply (9.5% vs 3.5%). On the other hand, expansion eased in construction (3.4% vs 4.5%) and in livestock, forestry, fishing and mining (2.7% vs 5.2%), whereas manufacturing accelerated (7.4% vs 4.5%). From the expenditure side, domestic demand rose 5.9%, well below the 14.1% recorded in Q2.
2025-12-23
Paraguay GDP Annual Growth Holds Strong in Q2
Paraguay's GDP expanded 5.9% year-over-year in Q2 2025, matching the 5.9% in the previous quarter. Growth was driven by strong performance in services (6.8% vs 5.9% in Q1), utilities (14.3% vs 8.3%), while agriculture contracted at a slower pace (-3.1% vs -3.4%). Onthe other hand, expansion eased in construction (4.5% vs 12.9%), manufacturing (4.3% vs 6.8%), livestock, forestry, fishing, and mining surged (4.8% vs 10.9%). From the expenditure side, domestic demand rose 9.0%, slightly below the 10.2% growth in Q1.
2025-09-26
Paraguay GDP Growth Accelerates in Q1
Paraguay's GDP expanded 5.9% year-over-year in Q1 2025, up from 3.6% in the previous quarter. Growth was driven by strong performance in services (6% vs 4.8% in Q4), a rebound in utilities (8.3% vs -7.9%), continued expansion in construction (12.9% vs 13.6%), and manufacturing (6.6% vs 3.1%). Output in livestock, forestry, fishing, and mining surged 10.8% (vs 2.7%). Agriculture remained a drag, though its contraction eased (-3.4% vs -4.3%). From the expenditure side, domestic demand rose 9.3%, slightly below the 10.5% growth in Q4 2024.
2025-06-27