Paraguay recorded a government debt equivalent to 20.20 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Paraguay averaged 24.52 percent from 1990 until 2018, reaching an all time high of 67 percent in 1990 and a record low of 8.10 percent in 2011.

Government Debt to GDP in Paraguay is expected to be 25.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Government Debt to GDP is projected to trend around 22.00 percent in 2020, according to our econometric models.


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Paraguay Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
20.20 18.20 67.00 8.10 1990 - 2018 percent Yearly


Paraguay Government Debt to GDP
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.

Paraguay Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.20 18.20 67.00 8.10 percent [+]
Government Budget -1.30 -1.10 4.50 -3.30 percent of GDP [+]
Military Expenditure 379.00 348.00 386.00 44.60 USD Million [+]
Government Spending 6611521.00 6675597.00 7869522.00 274586.00 PYG Million [+]
Government Debt 8744.80 8549.60 8744.80 2350.60 USD Million [+]
Credit Rating 46.00 [+]