The Gross Domestic Product (GDP) in Paraguay contracted 0.90 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Paraguay averaged 0.98 percent from 2008 until 2019, reaching an all time high of 10.70 percent in the fourth quarter of 2011 and a record low of -6.40 percent in the third quarter of 2011.

GDP Growth Rate in Paraguay is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Paraguay to stand at 1.70 in 12 months time. In the long-term, the Paraguay GDP Growth Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.

Paraguay GDP Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 05:30 PM GDP Growth Rate QoQ Q2 -0.3% -0.5% 1.3%
2018-12-21 04:10 PM GDP Growth Rate QoQ Q3 -5.2% -1.0% -1.6%
2019-03-29 05:00 PM GDP Growth Rate QoQ Q4 0.8% -5.2% 4.5%
2019-06-28 05:00 PM GDP Growth Rate QoQ Q1 -0.9% 0.8% 0.4%
2019-09-30 05:30 PM GDP Growth Rate QoQ Q2 -0.9% -1%
2019-12-23 05:30 PM GDP Growth Rate QoQ Q3 0.6%


Paraguay GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.90 0.80 10.70 -6.40 percent [+]
GDP Annual Growth Rate -2.00 1.00 13.70 -7.40 percent [+]
GDP 40.84 39.01 40.84 0.44 USD Billion [+]
Gross Fixed Capital Formation 11246633.00 11330247.00 11330247.00 697807.00 Million PYG [+]
GDP per capita 5394.46 5272.58 5394.46 1364.33 USD [+]
GDP per capita PPP 12063.00 11790.50 12063.00 7617.00 USD [+]
GDP Constant Prices 53628640.00 53576771.00 54747646.00 22132597.00 PYG Thousand [+]
GDP From Agriculture 5725767921.00 3452697245.00 6500066703.00 977159311.00 PYG Thousand [+]
GDP From Construction 3021935442.00 3102907794.00 3321971243.00 975621324.00 PYG Thousand [+]
GDP From Manufacturing 10258616819.00 10313328086.00 10483239200.00 5152598084.00 PYG Thousand [+]
GDP From Services 25044257756.00 26532190815.00 26532190815.00 9992102088.00 PYG Thousand [+]
GDP From Utilities 4149820643.00 4526448579.00 4713195246.00 1981744864.00 PYG Thousand [+]


Paraguay GDP Growth Rate

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. This page provides - Paraguay GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 0.80 10.70 -6.40 2008 - 2019 percent Quarterly




Country Last Previous
Indonesia 4.20 Jun/19
South Africa 3.10 Jun/19
United States 2.00 Jun/19
China 1.60 Jun/19
Turkey 1.20 Jun/19
India 1.00 Jun/19
South Korea 1.00 Jun/19
Canada 0.90 Jun/19
Australia 0.50 Jun/19
Netherlands 0.50 Jun/19
Spain 0.50 Jun/19
Brazil 0.40 Jun/19
France 0.30 Jun/19
Japan 0.30 Jun/19
Switzerland 0.30 Jun/19
Euro Area 0.20 Jun/19
Italy 0.00 Jun/19
Mexico 0.00 Jun/19
Saudi Arabia 0.00 Mar/19
Germany -0.10 Jun/19
United Kingdom -0.20 Jun/19
Argentina -0.30 Jun/19
Russia -0.40 Mar/19
Singapore -3.30 Jun/19


Related

Latest