Paraguay Gross Savings Rate

Key information about Paraguay Gross Savings Rate

• Paraguay Gross Savings Rate was measured at 21.3% in Jun 2023, compared with 21.3% in the previous quarter.
• Paraguay Gross Savings Rate is updated quarterly, with data available from Mar 1994 to Jun 2023, and an average rate of 21.3%.
• The data reached an all-time high of 21.3% in Sep 2002 and a record low of 17.7% in Dec 2022.
• CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is the sum of Public and Private Consumption Expenditure. The Central Bank of Paraguay provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
• In the latest reports, Paraguay GDP expanded 5.2% YoY in Mar 2023.
• Paraguay Nominal GDP reached 10,971.1 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 4.9% in Mar 2023.
• Paraguay GDP Per Capita reached 5,616.6 USD in Dec 2022.

View Paraguay's Gross Savings Rate from Mar 1994 to Jun 2023 in the chart:

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What was Paraguay's Gross Savings Rate in Jun 2023?

Paraguay Gross Savings Rate was measured at 21.3% in Jun 2023, compared with 21.3% in the previous quarter. See the table below for more data.

Gross Savings Rate by Country Comparison

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Paraguay Key Series

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