Paraguay Labour Productivity Growth

2018 - 2021 | Quarterly | % | CEIC Data

Key information about Paraguay Labour Productivity Growth

  • Paraguay Labour Productivity improved by 1.05 % YoY in Dec 2021, compared with a drop of 1.77 % in the previous quarter
  • Paraguay Labour Productivity Growth data is updated quarterly, available from Mar 2018 to Dec 2021, averaging at -0.50 %
  • The data reached an all-time high of 6.65 % in Mar 2020 and a record low of -7.58 % in Mar 2019

CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The Central Bank of Paraguay provides Real GDP in local currency, at 2014 prices. The National Institute of Statistics provides Employment.


Further information about Paraguay Labour Productivity Growth

  • In the latest reports, Paraguay Population reached 7.35 Person mn in Dec 2021
  • Its Unemployment Rate increased to 8.47 % in Mar 2022
  • Monthly Earnings of Paraguay stood at 360.38 USD in Dec 2021
  • The country's Labour Force Participation Rate dropped to 71.25 % in Mar 2022

View Paraguay's Labour Productivity Growth from Mar 2018 to Dec 2021 in the chart:

Paraguay Labour Productivity Growth

What was Paraguay's Labour Productivity Growth in Dec 2021?

Paraguay Labour Productivity improved by 1.05 % YoY in Dec 2021, compared with a drop of 1.77 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.05 Dec 2021 -1.77 Sep 2021 -7.58 Mar 2019 6.65 Mar 2020 % quarterly Mar 2018 - Dec 2021

Labour Productivity Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 15.93 Jun 2021 quarterly Mar 2010 - Jun 2021
Algeria (%) 0.30 2020 yearly 1992 - 2020
Argentina (%) -2.41 2020 yearly 1992 - 2020
Armenia (%) 4.38 Dec 2021 quarterly Mar 2009 - Dec 2021
Australia (%) -0.11 Mar 2022 quarterly Jun 1979 - Mar 2022
Austria (%) 4.89 Mar 2022 quarterly Mar 2005 - Mar 2022
Azerbaijan (%) 6.09 Dec 2021 quarterly Mar 2009 - Dec 2021
Bahrain (%) 5.51 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 5.83 2020 yearly 1992 - 2020
Belarus (%) 3.11 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) -0.06 Mar 2022 quarterly Mar 2000 - Mar 2022
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 9.15 2021 yearly 2007 - 2021
Botswana (%) -3.03 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 5.85 2020 yearly 1992 - 2020
Brunei (%) 1.58 2020 yearly 1992 - 2020
Bulgaria (%) 3.29 Mar 2022 quarterly Mar 2001 - Mar 2022
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.91 Dec 2021 quarterly Mar 1977 - Dec 2021
Chile (%) -0.30 Mar 2022 quarterly Mar 1987 - Mar 2022
China (%) 8.70 2021 yearly 1953 - 2021
Colombia (%) 0.59 Mar 2022 quarterly Mar 2002 - Mar 2022
Croatia (%) 5.87 Dec 2021 quarterly Mar 2008 - Dec 2021
Cyprus (%) -0.93 Mar 2022 quarterly Jun 2005 - Mar 2022
Czech Republic (%) 5.61 Mar 2022 quarterly Dec 2004 - Mar 2022
Denmark (%) 0.62 Mar 2022 quarterly Mar 1991 - Mar 2022
Ecuador (%) 2.05 2020 yearly 1992 - 2020
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 6.83 Dec 2021 quarterly Mar 1996 - Dec 2021
European Union (%) 3.05 Dec 2021 quarterly Mar 2006 - Dec 2021
Finland (%) 0.18 Mar 2022 quarterly Mar 1991 - Mar 2022
France (%) -7.14 2020 yearly 1979 - 2020
Georgia (%) 12.57 2021 yearly 1997 - 2021
Germany (%) 2.46 Mar 2022 quarterly Mar 1992 - Mar 2022
Ghana (%) -0.78 2020 yearly 1992 - 2020
Greece (%) -0.13 Mar 2022 quarterly Mar 1996 - Mar 2022
Hong Kong SAR, China (%) -3.57 Mar 2022 quarterly Dec 1982 - Mar 2022
Hungary (%) 5.73 Mar 2022 quarterly Mar 1999 - Mar 2022
Iceland (%) -1.26 Mar 2022 quarterly Mar 2004 - Mar 2022
India (%) 0.70 2020 yearly 1992 - 2020
Indonesia (%) 1.64 2021 yearly 2001 - 2021
Iran (%) 10.79 2020 yearly 1992 - 2020
Ireland (%) -1.21 Mar 2022 quarterly Mar 1999 - Mar 2022
Israel (%) 1.99 Mar 2022 quarterly Mar 2013 - Mar 2022
Italy (%) 3.92 Mar 2022 quarterly Mar 1997 - Mar 2022
Ivory Coast (%) 0.18 2020 yearly 1992 - 2020
Japan (%) -0.10 Mar 2022 quarterly Mar 1995 - Mar 2022
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.67 Sep 2021 quarterly Mar 2002 - Sep 2021
Kenya (%) -2.00 2021 yearly 2011 - 2021
South Korea (%) -0.77 Mar 2022 quarterly Sep 1983 - Mar 2022
Kosovo (%) 2.92 Mar 2021 quarterly Mar 2017 - Mar 2021
Kuwait (%) -1.66 2020 yearly 1996 - 2020
Kyrgyzstan (%) -8.49 2020 yearly 1993 - 2020
Laos (%) -0.35 2020 yearly 1992 - 2020
Latvia (%) 4.68 Mar 2022 quarterly Mar 2003 - Mar 2022
Lebanon (%) -16.39 2020 yearly 1992 - 2020
Lithuania (%) 0.52 Mar 2022 quarterly Mar 1996 - Mar 2022
Luxembourg (%) 0.33 Mar 2022 quarterly Mar 1996 - Mar 2022
Macau SAR, China (%) -5.49 Mar 2022 quarterly Mar 2002 - Mar 2022
North Macedonia (%) 17.50 Mar 2022 quarterly Mar 2005 - Mar 2022
Malawi (%) 1.23 2020 yearly 1992 - 2020
Malaysia (%) 2.70 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 3.09 Mar 2022 quarterly Dec 2001 - Mar 2022
Mauritius (%) 9.08 Dec 2021 quarterly Mar 2005 - Dec 2021
Mexico (%) -3.81 Mar 2022 quarterly Jun 1996 - Mar 2022
Moldova (%) -2.60 Mar 2022 quarterly Mar 2001 - Mar 2022
Mongolia (%) -10.11 Mar 2022 quarterly Sep 2007 - Mar 2022
Montenegro (%) -12.15 Mar 2022 quarterly Mar 2011 - Mar 2022
Morocco (%) -3.38 2020 yearly 2000 - 2020
Mozambique (%) -3.31 2020 yearly 1992 - 2020
Myanmar (%) 7.44 2020 yearly 1992 - 2020
Nepal (%) 4.24 2020 yearly 1992 - 2020
Netherlands (%) 2.17 Mar 2022 quarterly Mar 1996 - Mar 2022
New Zealand (%) -2.38 Mar 2022 quarterly Jun 1988 - Mar 2022
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 0.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Oman (%) 12.26 2020 yearly 1999 - 2020
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.32 Dec 2021 quarterly Jun 2013 - Dec 2021
Panama (%) -0.50 2020 yearly 1992 - 2020
Paraguay (%) -1.05 Dec 2021 quarterly Mar 2018 - Dec 2021
Peru (%) -1.25 2021 yearly 2002 - 2021
Philippines (%) -3.46 2020 yearly 1992 - 2020
Poland (%) 7.40 Mar 2022 quarterly Dec 1999 - Mar 2022
Portugal (%) 3.93 Dec 2021 quarterly Mar 1996 - Dec 2021
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 5.04 Mar 2022 quarterly Mar 1996 - Mar 2022
Russia (%) 2.48 Dec 2021 quarterly Mar 1996 - Dec 2021
Saudi Arabia (%) 5.41 2021 yearly 1971 - 2021
Serbia (%) -0.96 Mar 2022 quarterly Mar 2015 - Mar 2022
Singapore (%) 2.10 Mar 2022 quarterly Mar 1986 - Mar 2022
Slovakia (%) 0.28 Mar 2022 quarterly Mar 1996 - Mar 2022
Slovenia (%) 6.28 Mar 2022 quarterly Mar 1996 - Mar 2022
South Africa (%) 3.55 Mar 2022 quarterly Mar 2009 - Mar 2022
Spain (%) 2.32 Mar 2022 quarterly Mar 1996 - Mar 2022
Sri Lanka (%) 0.57 Dec 2021 quarterly Jun 2013 - Dec 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 0.31 Mar 2022 quarterly Mar 1994 - Mar 2022
Switzerland (%) 3.36 Mar 2022 quarterly Mar 2011 - Mar 2022

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Paraguay Key Series

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Includes 170 key indicators for Paraguay, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.7 Dec 2021 quarterly Dec 2003 - Dec 2021
Consolidated Fiscal Balance (USD mn) 124.140 May 2022 monthly Jan 2003 - May 2022
Tax Revenue (USD mn) 471.449 May 2022 monthly Jan 1998 - May 2022
Tax Revenue: % of GDP (%) 10.0 Dec 2021 quarterly Mar 1998 - Dec 2021
National Government Debt (USD mn) 12,140.2 2021 yearly 2003 - 2021
Government Debt: % of GDP (%) 31.3 Dec 2021 quarterly Dec 2014 - Dec 2021
Forecast: Government Expenditure (PYG bn) 91,584.569 2027 yearly 1980 - 2027
Forecast: Government Net Debt (PYG bn) 156,450.310 2027 yearly 1990 - 2027
Forecast: Government Revenue (PYG bn) 81,106.866 2027 yearly 1980 - 2027
Central Government: Revenue: Total (PYG mn) 3,906,533.869 May 2022 monthly Jan 2003 - May 2022
Central Government: Loan Net / Net Debt (PYG mn) 403,619.441 May 2022 monthly Jan 2003 - May 2022
Central Government: Operating Balance (PYG mn) 569,703.820 Apr 2022 monthly Jan 2003 - Apr 2022
Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) 635,545.382 Apr 2022 monthly Jan 2003 - Apr 2022
Central Government: Expenditure: Total (PYG mn) 3,056,748.350 May 2022 monthly Jan 2003 - May 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.421 2027 yearly 1980 - 2027
Trade Balance (USD mn) 75.3 May 2022 monthly Jan 1994 - May 2022
Total Exports (USD mn) 1,324.8 May 2022 monthly Jan 1994 - May 2022
Total Exports Growth (%) 3.5 May 2022 monthly Jan 1995 - May 2022
Aluminum: Exports (USD th) 5,352.164 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 47,965.814 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 4,148.608 2020 yearly 1995 - 2020
Total Imports (USD mn) 1,249.5 May 2022 monthly Jan 1994 - May 2022
Total Imports Growth (%) 30.3 May 2022 monthly Jan 1995 - May 2022
Imports: Medicament (USD th) 135,606.256 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 73,646.890 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 21.993 Mar 2022 monthly Nov 1978 - Mar 2022
Total Imports from USA (USD mn) 201.420 Mar 2022 quarterly Mar 1994 - Mar 2022
Total Exports to China (USD mn) 30.322 2021 yearly 2000 - 2021
Total Imports from China (USD mn) 1,093.163 Mar 2022 quarterly Mar 2000 - Mar 2022
Exports: Primary Products: Soy (USD th) 160,013.604 May 2022 monthly Jan 1994 - May 2022
Exports: Fuels & Energy: Electric Power (USD th) 145,925.579 May 2022 monthly Jan 1994 - May 2022
Exports: Agricultural Products: Soybean Oil (USD th) 73,915.434 May 2022 monthly Jan 1994 - May 2022
Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) 80,256.745 May 2022 monthly Jan 1994 - May 2022
Exports: Agricultural Products: Beef (USD th) 194,671.761 May 2022 monthly Jan 1994 - May 2022
Exports: fob: Russia (USD th) 66,461.882 Mar 2022 quarterly Mar 1994 - Mar 2022
Exports: fob: Chile (USD th) 192,175.626 Mar 2022 quarterly Mar 1994 - Mar 2022
Exports: fob: Brazil (USD th) 789,289.202 Mar 2022 quarterly Mar 1994 - Mar 2022
Exports: fob: Argentina (USD th) 493,198.823 Mar 2022 quarterly Mar 1994 - Mar 2022
Exports: fob: Uruguay (USD th) 87,355.177 Mar 2022 quarterly Mar 1994 - Mar 2022
Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) 111,541.258 May 2022 monthly Jan 1994 - May 2022
Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) 178,114.390 May 2022 monthly Jan 1994 - May 2022
Imports: Capital Goods: MAM: Computers (USD th) 52,331.419 May 2022 monthly Jan 1994 - May 2022
Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) 58,468.276 May 2022 monthly Jan 1994 - May 2022
Imports: Intermediate Goods: Chemicals (USD th) 125,849.058 May 2022 monthly Jan 1994 - May 2022
Imports: fob: Japan (USD th) 50,831.495 Mar 2022 quarterly Mar 1994 - Mar 2022
Imports: fob: Brazil (USD th) 739,704.063 Mar 2022 quarterly Mar 1994 - Mar 2022
Imports: fob: Argentina (USD th) 291,145.205 Mar 2022 quarterly Mar 1994 - Mar 2022
Imports: fob: China (USD th) 1,093,163.120 Mar 2022 quarterly Mar 1994 - Mar 2022
Imports: fob: United States (USD th) 201,420.124 Mar 2022 quarterly Mar 1994 - Mar 2022
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) -720.2 Dec 2021 quarterly Mar 2000 - Dec 2021
Current Account Balance: % of GDP (%) -8.8 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Direct Investment (USD mn) 2.8 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Direct Investment: % of GDP (%) 0.0 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Portfolio Investment (USD mn) 0.000 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) 0.0 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2021 quarterly Mar 2000 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Dec 2021 quarterly Mar 2000 - Dec 2021
External Debt (USD mn) 20,060.7 Dec 2021 quarterly Mar 2000 - Dec 2021
External Debt: % of GDP (%) 51.0 2021 yearly 2000 - 2021
External Debt: Short Term (USD mn) 4,654.1 Dec 2021 quarterly Dec 2002 - Dec 2021
External Debt: Short Term: % of GDP (%) 11.8 2021 yearly 2002 - 2021
Forecast: Current Account Balance (USD bn) 0.409 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -8,801.996 Dec 2021 quarterly Mar 2001 - Dec 2021
BoP: Current Account: Services: Imports (USD mn) -318.600 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Services: Exports (USD mn) 245.177 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Goods: Imports (USD mn) -3,361.324 Sep 2018 quarterly Mar 2000 - Sep 2018
IIP: Assets (USD mn) 16,227.423 Dec 2021 quarterly Mar 2001 - Dec 2021
International Investment Position (IIP): Net (USD mn) -8,801.996 Dec 2021 quarterly Mar 2001 - Dec 2021
IIP: Liabilities (USD mn) 25,029.419 Dec 2021 quarterly Mar 2001 - Dec 2021
External Debt: Monetary Authority: Short Term (USD mn) 0.000 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Others: Short Term (USD mn) 4,126.020 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Banks: Short Term (USD mn) 514.311 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Financial: Private (USD mn) 3,397.171 Dec 2021 quarterly Mar 2000 - Dec 2021
External Debt: Financial: Public (USD mn) 12,018.076 Dec 2021 quarterly Mar 2000 - Dec 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.9 May 2022 monthly Jan 1999 - May 2022
Money Supply M1 (USD mn) 5,726.916 Mar 2022 monthly Dec 1988 - Mar 2022
Money Supply M2 (USD mn) 9,300.847 Mar 2022 monthly Dec 1988 - Mar 2022
M2 Growth (%) -0.7 May 2022 monthly Dec 1989 - May 2022
Foreign Exchange Reserves (USD mn) 8,512.4 May 2022 monthly Dec 1956 - May 2022
Foreign Exchange Reserves: % of GDP (%) 22.844 Dec 2021 quarterly Dec 1994 - Dec 2021
Foreign Exchange Reserves: Months of Import (NA) 6.8 May 2022 monthly Jan 1994 - May 2022
Gold Reserves (USD mn) 485.413 May 2022 monthly Dec 1956 - May 2022
Total Deposits (USD mn) 18,436.953 Mar 2022 monthly Jan 1994 - Mar 2022
Total Deposits Growth (%) 0.1 May 2022 monthly Jan 1995 - May 2022
Domestic Credit (USD mn) 16,671.5 Feb 2022 monthly Dec 2001 - Feb 2022
Domestic Credit Growth (%) 17.5 Feb 2022 monthly Dec 2002 - Feb 2022
Total Loans (USD mn) 17,137.111 Mar 2022 monthly Jan 2006 - Mar 2022
Total Loans Growth (%) 11.18 May 2022 monthly Jan 2007 - May 2022
Private Debt: % of Nominal GDP (%) 40.59 Dec 2021 quarterly Dec 1994 - Dec 2021
Monetary Aggregate: M2 (PYG mn) 63,041,595.000 May 2022 monthly Jan 1994 - May 2022
Monetary Aggregate: M3 (PYG mn) 115,809,651.000 May 2022 monthly Jan 1994 - May 2022
Monetary Aggregate: Monetary Base (PYG mn) 22,453,348.000 May 2022 monthly Jan 1994 - May 2022
Monetary Aggregate: M1 (PYG mn) 38,358,442.000 May 2022 monthly Jan 1994 - May 2022
International Reserves: USD (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018
International Reserves (USD mn) 9,481.574 May 2022 monthly Jan 1994 - May 2022
Deposits: Banking System (PYG mn) 119,488,757.000 May 2022 monthly Jan 1994 - May 2022

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