Paraguay Government Debt To GDP

Paraguay recorded a Government Debt to GDP of 12.50 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Paraguay is reported by the Banco Central Del Paraguay. From 1990 until 2012, Paraguay Government Debt To GDP averaged 35.1 Percent reaching an all time high of 72.6 Percent in December of 2002 and a record low of 12.5 Percent in December of 2012. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Paraguay Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.50 13.50 72.60 12.50 10.84 | 2013/12 1990 - 2012 Percent Yearly

TO

Paraguay Government Debt To GDP
LIST BY COUNTRY

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 Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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