Paraguay Government Budget

Paraguay recorded a Government Budget deficit equal to 1.50 percent of the countrys Gross Domestic Product in 2012. Government Budget in Paraguay is reported by the Inter-American Development Bank. From 1990 until 2012, Paraguay Government Budget averaged 0.5 Percent of GDP reaching an all time high of 4.5 Percent of GDP in December of 1990 and a record low of -3.0 Percent of GDP in December of 2000. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Paraguay Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.50 0.98 4.52 -2.98 -3.13 | 2013/12 1990 - 2012 Percent of GDP Yearly

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Paraguay Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Budget -1.50 2012-12-31 0.98 4.52 -2.98 -3.13 2013-12-31 Percent of GDP [+]
Government Debt To GDP 12.50 2012-12-31 13.50 72.60 12.50 10.84 2013-12-31 Percent [+]
Credit Rating 37.50 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

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 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 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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