Paraguay: economy

What is the GDP growth rate of Paraguay?

Paraguay's monthly economic activity index (IMAEP) was 5.5% higher in July 2026 than a year earlier, and 5.6% higher for January to July, according to the Ministry of Economy and Finance SITUFIN report for August 2026, citing Central Bank data. All productive sectors grew; the primary sector rose 7.0% and manufacturing 5.8%.

For full years, the IMF World Economic Outlook gives real GDP growth of 6.6% in 2025 and projects 4.5% for 2026. The IMAEP is a monthly proxy for GDP; the Central Bank publishes quarterly national accounts separately. Its website could not be read by our checks today (it returned 403).

Official sources: MEF: SITUFIN report, August 2026 · IMF World Economic Outlook: real GDP growth, Paraguay

What is the inflation rate in Paraguay?

Consumer prices in Paraguay were 1.5% higher in August 2026 than a year earlier, and 1.8% higher than in December 2025, according to the Ministry of Economy and Finance SITUFIN report, which cites the Central Bank of Paraguay. That puts inflation at the floor of the Central Bank's target range of 3.5% plus or minus two points.

The consumer price index is compiled by the Central Bank. Low inflation in 2026 has come alongside a stronger guaraní, which the same report says appreciated against the dollar through August. The IMF projects average inflation of 3.1% for 2026.

Official sources: MEF: SITUFIN report, August 2026 · IMF World Economic Outlook: inflation, Paraguay

What is the interest rate in Paraguay?

The Central Bank of Paraguay's monetary policy rate stood at 5.50% in August 2026, unchanged, according to the Ministry of Economy and Finance SITUFIN report for August 2026, which charts Central Bank data. The rate had been 8.25% in 2023 before a series of cuts.

The policy rate is the rate the Central Bank uses to steer short-term interest rates in guaraníes and keep inflation near its 3.5% target. Decisions are published on the Central Bank's website, which returned 403 to our checks today.

Official sources: MEF: SITUFIN report, August 2026 · Central Bank of Paraguay

Is Paraguay's economy growing?

6.6%: that is real GDP growth in Paraguay for 2025, according to the World Bank. Its high point since 2005 was 2010, at 11.1%; its low point was 2020, at -0.8%. Across Latin America & Caribbean the middle value was 2.7%, and Paraguay placed 2nd highest of 31. Of 180 countries with 2025 data, 21st highest.

What is Paraguay's GDP per person?

In 2025, GDP per person in Paraguay was $7,027, according to the World Bank. It is the top of the series, which starts in 2005. Across Latin America & Caribbean the middle value was $10,989, and Paraguay placed 24th highest of 31. Worldwide: 95th of 180.

What is Paraguay's GDP per capita at PPP?

In 2025, GDP per person at purchasing power parity in Paraguay was $20,181 in international dollars, according to the World Bank. That is the highest since at least 2005. Latin America & Caribbean median: $22,756 in international dollars; Paraguay is 20th highest of 30. World rank, highest first: 90th of 179.

What share of Paraguay's economy is exports?

According to the World Bank, exports of goods and services in Paraguay was 37.2% of GDP in 2025. The peak was 47.6% of GDP in 2005 and the low 33.3% of GDP in 2020. It is 4th highest of 17 in Latin America & Caribbean, where the median is 30.0% of GDP. Worldwide: 63rd of 133.

Does Paraguay have a current account surplus or deficit?

-2.5% of GDP: that is the current account balance in Paraguay for 2025, according to the IMF, a deficit. The peak was 4.6% of GDP in 2016 and the low -6.5% of GDP in 2022. Latin America & Caribbean median: -1.2% of GDP; Paraguay is 17th highest of 27. World rank, highest first: 79th of 132.

How much foreign direct investment goes into Paraguay?

In 2025, net inflows of foreign direct investment in Paraguay was 2.4% of GDP, according to the IMF. The peak was 2.8% of GDP in 2010 and the low 0.1% of GDP in 2005. It is 19th highest of 31 in Latin America & Caribbean, where the median is 2.5% of GDP. Of 179 countries with 2025 data, 80th highest.

What are bank lending rates in Paraguay?

The latest figure from the IMF, for 2021, is 12.5%. That is the lowest since at least 2005. Latin America & Caribbean median: 8.2%; Paraguay is 6th highest of 28. Of 106 countries with 2021 data, 26th highest.