Country information

Paraguay

Area

406.752 km²

Capital

Asunción

Government

Santiago Peña

Population

7,4 million

Contact

Mélissa Bigdely

Regionalmanager Argentina, Uruguay, Paraguay, Bolivien and Haiti

m.bigdely@lateinamerikaverein.de

+49 (0) 40 413 43 150

Economic data

Basic data 2021 2022 2023
GDP growth in % 4,2 0,2 (P) 4,5
Export in billion US$ 1,42 1,0 1,5
Import in billion US$ 1,37 1,1 1,5
Key interest rate in % 5,0 8,25 (Aug) 7,5
Exchange rate US$/Guaraní 6957.9282 PYG 7347.9052 PYG 7426 PYG (Nov)
Inflation rate in % 4,8 4,0 4,73 (Oct)
HDI (Human Development Index) 0,717 - -

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: 16.11.2023
Sources: UNDP, Worldbank, CEPAL, OEC, Worldometers, Statista, Countryeconomy, Banco Central del Paraguay (BCP), GTAI, Statistisches Bundesamt