Markets Actual Q2 Q3 Q4 Q1 2020
Currency 6187.00 6188 6214 6239 6265 6316
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.80 -1 0.6 5.4 5.4 6.3
GDP Annual Growth Rate (%) 1.20 3.3 3.7 3.6 3.9 3.8
Inflation Rate (%) 2.80 3.7 4.2 4 3.8 3.8
Interest Rate (%) 4.75 4.75 4.75 4.75 5 5.75
Balance of Trade (USD Thousands) -158042.00 -195000 -185000 -140000 -140000 -105000
Current Account (USD Million) -67.20 260 -75 -300 -300 120
Current Account to GDP (%) 0.70 -1 -1 -1 0.2 0.2
Government Debt to GDP (%) 20.20 25.3 23.5 23.5 22.8 22.8
Government Budget (% of GDP) -1.50 -1.5 -1.5 -1.5 -1.5 -1.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.80 -1 0.6 5.4 5.4 6.3
GDP Annual Growth Rate (%) 1.20 3.3 3.7 3.6 3.9 3.8
GDP (USD Billion) 29.73 33 33 33 32 32
Gross Fixed Capital Formation (Million PYG) 11330247.00 10752556 11000354 11738136 11772127 12184185
GDP per capita (USD) 3905.93 4300 4300 4300 4400 4400
GDP per capita PPP (USD) 8827.00 9100 9100 9100 9400 9400
GDP Constant Prices (PYG Thousand) 53679730.00 53709548 51002758 51878075 52028301 53849442
GDP From Agriculture (PYG Thousand) 3790535141.00 4578255379 3023432617 3926994406 3938366012 4076220194
GDP From Construction (PYG Thousand) 3102907794.00 3251811629 3202463545 3214612475 3223921198 3336767749
GDP From Manufacturing (PYG Thousand) 10315204295.00 10664160728 10465514458 10686226128 10686226128 11092302721
GDP From Services (PYG Thousand) 26270577091.00 25398767132 25048383587 25576639565 25576639565 26548551869
GDP From Utilities (PYG Thousand) 4548953472.00 4148348335 3615942790 4712715797 4726362657 4891798997
Labour Actual Q2 Q3 Q4 Q1 2020
Minimum Wages (PYG Thousand/Month) 2112.56 2113 2113 2113 2180 2180
Living Wage Family (PYG/Month) 2556300.00 2556300 2556300 2556300 2556300 2438000
Wages High Skilled (PYG/Month) 4899500.00 4997004 5038558 5038400 5038400 5068400
Wages In Manufacturing (Index Points) 275.00 283 284 292 292 300
Wages Low Skilled (PYG/Month) 2700600.00 2653777 2657976 2752000 2752000 2800000
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 2.80 3.7 4.2 4 3.8 3.8
Core Consumer Prices (Index Points) 103.50 105 105 106 106 109
Producer Prices (Index Points) 123.50 123 124 125 126 129
Producer Prices Change (%) 2.00 1.6 1.4 1.5 1.7 3.3
Food Inflation (%) 0.60 1.8 2.5 3 3.5 6
CPI Housing Utilities (Index Points) 104.60 106 108 109 109 113
CPI Transportation (Index Points) 110.30 111 113 115 114 119
Consumer Price Index Cpi (Index Points) 103.90 106 106 107 108 111
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 4.75 4.75 4.75 4.75 5 5.75
Deposit Interest Rate (%) 3.94 3.94 3.94 3.94 4.19 4.19
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Thousands) -158042.00 -195000 -185000 -140000 -140000 -105000
Current Account (USD Million) -67.20 260 -75 -300 -300 120
Current Account to GDP (%) 0.70 -1 -1 -1 0.2 0.2
Imports (USD Thousands) 885623.00 935000 945000 940000 940000 955000
Exports (USD Thousands) 727580.00 740000 760000 800000 800000 850000
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 20.20 25.3 23.5 23.5 22.8 22.8
Government Budget (% of GDP) -1.50 -1.5 -1.5 -1.5 -1.5 -1.5
Government Spending (PYG Million) 7880750.00 6312061 6362222 8164457 8188099 8474706
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 25.50 25.5 25.5 25.5 25.5 25.5
Social Security Rate For Companies (%) 16.50 16.5 16.5 16.5 16.5 16.5
Social Security Rate For Employees (%) 9.00 9 9 9 9 9
Business Actual Q2 Q3 Q4 Q1 2020
Leading Economic Index (%) 0.60 0.7 3.1 3.4 3.4 3.1
Changes In Inventories (Million PYG) 1989453.00 3223902 -1377 2815129 2815129 2604670
Consumer Actual Q2 Q3 Q4 Q1 2020
Gasoline Prices (USD/Liter) 0.76 0.74 0.72 0.7 0.68 0.68
Consumer Spending (PYG Million) 40022302.00 37706584 37956237 41463105 41583172 43038703


This page has economic forecasts for Paraguay including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Paraguay economy.