Paraguay Forecast: Real GDP Growth
1980 - 2028 | Yearly | % | International Monetary Fund
Key information about Paraguay Forecast: Real GDP Growth
- Paraguay Real GDP Growth is forecasted to be 4.500 % in Dec 2023 as reported by International Monetary Fund.
- It records no change from the last reported number of 0.200 % in Dec 2022.
- Looking ahead, Paraguay Real GDP Growth is projected to stand at 3.500 % in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Paraguay's Forecast: Real GDP Growth from 1980 to 2028 in the chart:
What is Paraguay's Forecast: Real GDP Growth in 2028?
Paraguay Real GDP Growth is forecasted to be 4.500 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.500 2028 | 3.500 2027 | -3.043 1983 | 11.712 1980 | % | yearly | 1980 - 2028 |
Forecast: Real GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 3.004 2026 | yearly | 2004 - 2026 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2031 | yearly | 2001 - 2031 |
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.329 2031 | yearly | 1987 - 2031 |
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 5.557 2031 | yearly | 1980 - 2031 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.754 2031 | yearly | 1980 - 2031 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 3.437 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 3.000 2031 | yearly | 1980 - 2031 |
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
| Finland (%) | 1.173 2031 | yearly | 1980 - 2031 |
| France (%) | 1.450 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.375 2031 | yearly | 1980 - 2031 |
| India (%) | 6.042 2029 | yearly | 1981 - 2029 |
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.960 2031 | yearly | 2001 - 2031 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 1.512 2032 | yearly | 1981 - 2032 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doParaguay Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.4 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -122.420 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Tax Revenue (USD mn) | 528.254 Mar 2026 | monthly | Jan 1998 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 10.2 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| National Government Debt (USD mn) | 16,217.1 2024 | yearly | 2003 - 2024 |
| Government Debt: % of GDP (%) | 33.2 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Forecast: Government Expenditure (PYG bn) | 110,109.837 2031 | yearly | 1980 - 2031 |
| Forecast: Government Net Debt (PYG bn) | 205,645.603 2031 | yearly | 1990 - 2031 |
| Forecast: Government Revenue (PYG bn) | 102,131.153 2031 | yearly | 1980 - 2031 |
| Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) | 382,351.692 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Central Government: Loan Net / Net Debt (PYG mn) | -1,174,682.700 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Central Government: Operating Balance (PYG mn) | -792,331.008 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Central Government: Revenue: Total (PYG mn) | 4,243,360.215 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Central Government: Expenditure: Total (PYG mn) | 5,035,691.224 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.724 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2.7 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Exports (USD mn) | 1,592.6 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Exports Growth (%) | 20.5 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Aluminum: Exports (USD th) | 6,225.847 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 84,507.821 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,441.817 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 1,589.9 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Imports Growth (%) | 13.7 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Imports: Medicament (USD th) | 262,910.622 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 239,466.464 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 56.259 Jan 2026 | monthly | Nov 1978 - Jan 2026 |
| Total Imports from USA (USD mn) | 299.622 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Total Exports to China (USD mn) | 52.871 2025 | yearly | 2000 - 2025 |
| Total Imports from China (USD mn) | 1,641.173 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Exports: fob: Brazil (USD th) | 832,501.524 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Exports: fob: Russia (USD th) | 12,019.852 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Exports: fob: Argentina (USD th) | 1,344,702.893 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Exports: fob: Uruguay (USD th) | 53,606.378 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Exports: fob: Chile (USD th) | 209,811.401 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Exports: Registered: NAFTA: USA (USD th) | 589,024.205 2025 | yearly | 1961 - 2025 |
| Exports: Registered: Asia: China (USD th) | 52,871.025 2025 | yearly | 1961 - 2025 |
| Exports: Primary Products: Soy (USD th) | 353,719.987 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) | 66,094.920 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Exports: Fuels & Energy: Electric Power (USD th) | 78,081.486 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Exports: Agricultural Products: Beef (USD th) | 127,533.977 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Exports: Agricultural Products: Soybean Oil (USD th) | 69,021.781 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Imports: fob: China (USD th) | 1,641,172.938 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Imports: fob: United States (USD th) | 299,621.710 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Imports: fob: Brazil (USD th) | 954,670.826 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Imports: fob: Argentina (USD th) | 246,218.854 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Imports: fob: Japan (USD th) | 84,133.407 Mar 2026 | quarterly | Mar 1994 - Mar 2026 |
| Imports: Intermediate Goods: Chemicals (USD th) | 121,417.224 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) | 74,094.777 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Imports: Capital Goods: MAM: Computers (USD th) | 10,798.666 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) | 107,368.663 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) | 99,920.560 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Trade Balance (USD th) | 2,682.093 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Export Value Index (2015=100) | 142.300 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 156.500 2023 | yearly | 1980 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -58.5 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Current Account Balance (USD mn) | -663.9 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Current Account Balance: % of GDP (%) | -4.7 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 339.5 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 2.4 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | -336.520 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -336.520 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| External Debt (USD mn) | 29,733.3 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| External Debt: % of GDP (%) | 59.8 2025 | yearly | 2000 - 2025 |
| External Debt: Short Term (USD mn) | 4,654.1 Dec 2021 | quarterly | Dec 2002 - Dec 2021 |
| External Debt: Short Term: % of GDP (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Forecast: Current Account Balance (USD bn) | -0.139 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | -17,593.282 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| BoP: Current Account: Services: Imports (USD mn) | -318.600 Sep 2018 | quarterly | Mar 2000 - Sep 2018 |
| BoP: Current Account: Goods: Imports (USD mn) | -3,361.324 Sep 2018 | quarterly | Mar 2000 - Sep 2018 |
| BoP: Current Account: Services: Exports (USD mn) | 245.177 Sep 2018 | quarterly | Mar 2000 - Sep 2018 |
| External Debt: Others: Short Term (USD mn) | 4,126.020 Dec 2018 | quarterly | Dec 2002 - Dec 2018 |
| External Debt: Monetary Authority: Short Term (USD mn) | 0.000 Dec 2018 | quarterly | Dec 2002 - Dec 2018 |
| External Debt: Banks: Short Term (USD mn) | 514.311 Dec 2018 | quarterly | Dec 2002 - Dec 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.3 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Money Supply M1 (USD mn) | 7,346.430 Mar 2026 | monthly | Dec 1988 - Mar 2026 |
| Money Supply M2 (USD mn) | 15,138.567 Mar 2026 | monthly | Dec 1988 - Mar 2026 |
| M2 Growth (%) | 14.2 Mar 2026 | monthly | Dec 1989 - Mar 2026 |
| Foreign Exchange Reserves (USD mn) | 9,446.1 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 18.265 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.9 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Gold Reserves (USD mn) | 1,217.358 Apr 2026 | monthly | Dec 1956 - Apr 2026 |
| Total Deposits (USD mn) | 28,714.565 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Total Deposits Growth (%) | 7.8 Mar 2026 | monthly | Jan 1995 - Mar 2026 |
| Domestic Credit (USD mn) | 29,865.7 Jan 2026 | monthly | Dec 2001 - Jan 2026 |
| Domestic Credit Growth (%) | 10.5 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Total Loans (USD mn) | 30,031.772 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Total Loans Growth (%) | 9.55 Mar 2026 | monthly | Jan 2007 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 40.85 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
| International Reserves (USD mn) | 11,520.605 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Monetary Aggregate: M2 (PYG mn) | 98,327,337.100 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Monetary Aggregate: Monetary Base (PYG mn) | 30,943,008.009 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Monetary Aggregate: M1 (PYG mn) | 47,716,200.542 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| Monetary Aggregate: M3 (PYG mn) | 169,266,218.517 Mar 2026 | monthly | Jan 1994 - Mar 2026 |
| International Reserves: USD (USD mn) | 6,783.55 Aug 2018 | monthly | Jan 1994 - Aug 2018 |
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