The economy of Paraguay advanced 0.6 percent year-on-year in November 2018, slowing from a 2.5 percent expansion in the previous month. Main positive contributions came from services, namely trade, telecommunication, restaurants and hotels, financial intermediation and public administration; electricity production due to higher level of water in the Parana River caused by rain and manufacturing, of which sugar, chemical products, textiles and clothing, and beverages and tobacco. Meanwhile, decreases were seen in some industrial activities, such as the manufacture of meat, oil and paper; non-metallic minerals; and machinery and equipment. Considering the fist eleven months of the year, the economy grew 3.8 percent over a year earlier. Leading Economic Index in Paraguay averaged 3.79 percent from 1995 until 2018, reaching an all time high of 23 percent in April of 2013 and a record low of -10.30 percent in May of 2009.

Leading Economic Index in Paraguay is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Paraguay to stand at 3.40 in 12 months time. In the long-term, the Paraguay Economic Activity Index YoY Change is projected to trend around 3.10 percent in 2020, according to our econometric models.

Paraguay Economic Activity Index YoY Change
Forecast Data Chart
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Paraguay Business Last Previous Highest Lowest Unit
Internet Speed 1375.35 1426.85 2164.17 180.62 KBps [+]
IP Addresses 206156.00 204289.00 353876.00 22347.00 IP [+]
Leading Economic Index 0.60 2.50 23.00 -10.30 percent [+]
Steel Production 3.00 3.00 13.00 0.00 Thousand Tonnes [+]
Ease of Doing Business 113.00 108.00 124.00 95.00 [+]
Corruption Index 29.00 29.00 30.00 15.00 Points [+]
Corruption Rank 132.00 135.00 154.00 84.00 [+]
Changes In Inventories 1989453.00 1820558.00 3663366.00 -1529444.23 Million PYG [+]
Competitiveness Index 53.38 52.87 53.38 3.29 Points [+]
Competitiveness Rank 95.00 96.00 124.00 95.00 [+]

Paraguay Economic Activity Index YoY Change

In Paraguay, the Monthly Economic Activity Indicator - IMAEP - is an index that summarizes the activity of different economic sectors in a given month, anticipating the future movements in GDP. The calculation is based on GDP weights for eight economic activities: services (52.2 percent); manufacturing (17.6 percent); agriculture (14 percent); livestock (5.8 percent); construction (5.8 percent; forestry and fishing (2.7 percent); utilities (1.8 percent) and mining (0.1 percent). The index has a base value of 100 as of 1994. This page provides - Paraguay Leading Economic Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Economic Activity Index YoY Change - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 2.50 23.00 -10.30 1995 - 2018 percent Monthly
2014=100, NSA

Country Last Previous
Argentina -1.50 Mar/19
Australia 0.20 Mar/19
Brazil -0.73 Feb/19
Canada 0.30 Jan/19
Japan 97.40 Feb/19
Mexico 1.30 Jan/19
Russia 0.60 Mar/19
Singapore 112.00 Dec/18
South Africa -1.80 Jan/19
South Korea 113.50 Feb/19
Turkey -0.12 Feb/19
United Kingdom 0.30 Feb/19
United States 125.56 Feb/19