Paraguay recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2019.
Government Budget in Paraguay averaged -0.24 percent of GDP from 1990 until 2019, reaching an all time high of 4.50 percent of GDP in 1990 and a record low of -3.30 percent of GDP in 2002. This page provides - Paraguay Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Paraguay is expected to reach -3.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Budget is projected to trend around -2.50 percent of GDP in 2021 and -1.50 percent of GDP in 2022, according to our econometric models.