Country information

Paraguay

Area

406.752 km²

Capital

Asunción

Government

Santiago Peña

Population

7,4 million

Contact

Mélissa Bigdely

Coordinator LAV-Young Professionals / Regional Manager Argentina, Chile, Haiti, Paraguay and Uruguay

m.bigdely@lateinamerikaverein.de

+49 (0) 40 413 43 150

Economic data

Basic data 2022 2023 2024
GDP growth in % 0,2 (P) 4,5 2,1
Export in billion US$ 1,0 1,5 1,8
Import in billion US$ 1,1 1,5 1,6
Key interest rate in % 8,25 7,5 6
Exchange rate US$/PYG 7347,9052 PYG 7426 PYG 7910,92 PYG (S)
Inflation rate in % 4,0 4,63 3,84
HDI (Human Development Index) - - -

Foreign Trade

Import products: Broadcasting Equipment, Cars, Pesticides
Import partner: China, Brasil, Argentina, USA, Singapore

Export products: Soybeans, Electricity, Corn
Export partner: Brazil, Argentina, Chile, USA

Notes

P = Prediction
Update: 28.01.2025
Sources: UNDP, Worldbank, CEPAL, OEC, Worldometers, Statista, Countryeconomy, Banco Central del Paraguay (BCP), GTAI, Statistisches Bundesamt, Ceicdata, Trading Economics