Paraguay Current Account Balance: % of GDP

2000 - 2023 | Quarterly | % | CEIC Data

Key information about Paraguay Current Account Balance: % of GDP

  • Paraguay Current Account deficit accounted for 1.2 % of the country's Nominal GDP in Dec 2023, compared with a 0.6 % deficit in the previous quarter.
  • Paraguay Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2000 to Dec 2023, with an average value of 0.2 %.
  • The data reached an all-time high of 13.5 % in Sep 2002 and a record low of -9.5 % in Dec 2021.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Paraguay provides Current Account Balance in USD, based on BPM6 and Nominal GDP in local currency. The Central Bank of Paraguay average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2008 is based on BPM5.


Key information about Paraguay Current Account Balance: % of GDP

  • In the latest reports of Paraguay, Current Account recorded a deficit of 138.6 USD mn in Dec 2023.
  • Foreign Direct Investment (FDI) increased by 172.2 USD mn in Mar 2022.
  • Paraguay Direct Investment Abroad expanded by 157.0 USD mn in Mar 2022.
  • Its Foreign Portfolio Investment remained the same 0.0 USD mn in Dec 2023.
  • The country's Nominal GDP was reported at 11.0 USD bn in Mar 2023.

View Paraguay's Current Account Balance: % of GDP from Mar 2000 to Dec 2023 in the chart:

Paraguay Current Account Balance: % of GDP

What was Paraguay's Current Account Balance: % of GDP in Dec 2023?

Paraguay Current Account deficit accounted for 1.2 % of the country's Nominal GDP in Dec 2023, compared with a 0.6 % deficit in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.2 Dec 2023 -0.6 Sep 2023 -9.5 Dec 2021 13.5 Sep 2002 % quarterly Mar 2000 - Dec 2023

Current Account Balance: % of GDP by Country Comparison

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Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 6.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Algeria (%) 4.8 Mar 2023 quarterly Mar 2007 - Mar 2023
Argentina (%) -2.2 Dec 2023 quarterly Mar 2004 - Dec 2023
Armenia (%) 2.7 Dec 2023 quarterly Dec 1994 - Dec 2023
Australia (%) 1.8 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (%) 1.7 Sep 2023 quarterly Mar 1970 - Sep 2023
Azerbaijan (%) 8.9 Dec 2023 quarterly Mar 2013 - Dec 2023
Bahrain (%) 15.2 Dec 2022 quarterly Mar 2018 - Dec 2022
Bangladesh (%) -0.5 2023 yearly 1998 - 2023
Belarus (%) -1.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Belgium (%) 1.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Bolivia (%) -2.5 Sep 2023 quarterly Mar 1990 - Sep 2023
Bosnia and Herzegovina (%) -2.8 Dec 2023 quarterly Mar 2008 - Dec 2023
Botswana (%) 1.2 Sep 2023 quarterly Mar 2004 - Sep 2023
Brazil (%) -1.5 Dec 2023 quarterly Mar 1995 - Dec 2023
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) -3.1 Dec 2023 quarterly Sep 1999 - Dec 2023
Cambodia (%) -1.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Canada (%) -0.2 Dec 2023 quarterly Mar 1957 - Dec 2023
Chile (%) -4.4 Dec 2023 quarterly Mar 1996 - Dec 2023
China (%) 1.2 Dec 2023 quarterly Mar 1998 - Dec 2023
Colombia (%) -2.3 Dec 2023 quarterly Mar 1996 - Dec 2023
Croatia (%) -5.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Cyprus (%) -11.2 Dec 2023 quarterly Mar 2008 - Dec 2023
Czech Republic (%) 0.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (%) 12.5 Dec 2023 quarterly Mar 1990 - Dec 2023
Ecuador (%) 1.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Egypt (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 2.2 Dec 2023 quarterly Mar 1999 - Dec 2023
Finland (%) 1.5 Dec 2023 quarterly Mar 1990 - Dec 2023
France (%) 0.9 Dec 2023 quarterly Mar 1997 - Dec 2023
Georgia (%) -6.8 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 5.7 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (%) 0.9 Sep 2023 quarterly Mar 2006 - Sep 2023
Greece (%) -12.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Hong Kong SAR, China (%) 9.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Hungary (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (%) -2.7 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) -1.2 Dec 2023 quarterly Jun 2004 - Dec 2023
Indonesia (%) 0.9 Mar 2023 quarterly Mar 1993 - Mar 2023
Iran (%) 0.6 2023 yearly 1997 - 2023
Ireland (%) -0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 9.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 0.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) -6.3 2022 yearly 1975 - 2022
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (%) 3.0 Dec 2023 quarterly Mar 1992 - Dec 2023
Kazakhstan (%) -2.6 Sep 2023 quarterly Dec 1997 - Sep 2023
Kenya (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
South Korea (USD mn) 7,671.1 Feb 2024 monthly Jan 1980 - Feb 2024
Kosovo (%) -15.4 Dec 2023 quarterly Mar 2010 - Dec 2023
Kuwait (%) 37.2 Sep 2023 quarterly Mar 2012 - Sep 2023
Kyrgyzstan (%) -60.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (%) -0.1 2022 yearly 1984 - 2022
Latvia (%) -1.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Lebanon (%) -4.4 2020 yearly 2002 - 2020
Lithuania (%) 4.2 Dec 2023 quarterly Mar 1993 - Dec 2023
Luxembourg (%) 7.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (%) 11.4 2022 yearly 2002 - 2022
North Macedonia (%) -3.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (%) -14.2 2021 yearly 1977 - 2021
Malaysia (%) 0.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Malta (%) 0.3 Dec 2023 quarterly Mar 1995 - Dec 2023
Mauritius (%) -3.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Mexico (%) 2.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Moldova (%) -11.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Montenegro (%) -24.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Morocco (%) -0.5 Dec 2023 quarterly Mar 2014 - Dec 2023
Mozambique (%) -37.4 2022 yearly 1980 - 2022
Nepal (%) -1.3 2023 yearly 2001 - 2023
Netherlands (%) 8.5 Dec 2023 quarterly Mar 1987 - Dec 2023
New Zealand (%) -6.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Norway (%) 16.1 Sep 2023 quarterly Mar 1981 - Sep 2023
Oman (%) -4.9 2021 yearly 1980 - 2021
Pakistan (%) -0.7 2023 yearly 1977 - 2023
Palestinian Territory (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) -18.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Paraguay (%) -1.2 Dec 2023 quarterly Mar 2000 - Dec 2023
Peru (%) 2.3 Dec 2023 quarterly Mar 1990 - Dec 2023
Philippines (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Poland (%) 1.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Portugal (%) -0.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (%) 15.6 Jun 2023 quarterly Mar 2011 - Jun 2023
Romania (%) -7.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (%) 2.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Saudi Arabia (%) 1.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Serbia (%) -5.5 Dec 2023 quarterly Mar 2007 - Dec 2023
Singapore (%) 19.5 Dec 2023 quarterly Mar 1986 - Dec 2023
Slovakia (%) -3.6 Dec 2023 quarterly Mar 1997 - Dec 2023
Slovenia (%) 3.9 Dec 2023 quarterly Mar 1995 - Dec 2023
South Africa (%) -2.3 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (%) 2.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Sri Lanka (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Sudan (%) -8.5 2021 yearly 1977 - 2021
Sweden (%) 7.1 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (%) 7.6 Dec 2023 quarterly Mar 1983 - Dec 2023

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Paraguay Key Series

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Includes 153 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 (%) -1.5 Dec 2023 quarterly Dec 2003 - Dec 2023
Consolidated Fiscal Balance (USD mn) -98.167 Feb 2024 monthly Jan 2003 - Feb 2024
Tax Revenue (USD mn) 398.753 Jan 2024 monthly Jan 1998 - Jan 2024
Tax Revenue: % of GDP (%) 9.6 Dec 2023 quarterly Mar 1998 - Dec 2023
National Government Debt (USD mn) 13,433.8 2022 yearly 2003 - 2022
Government Debt: % of GDP (%) 34.8 Dec 2023 quarterly Dec 2014 - Dec 2023
Forecast: Government Expenditure (PYG bn) 99,141.700 2028 yearly 1980 - 2028
Forecast: Government Net Debt (PYG bn) 178,023.570 2028 yearly 1990 - 2028
Forecast: Government Revenue (PYG bn) 94,342.870 2028 yearly 1980 - 2028
Central Government: Revenue: Total (PYG mn) 3,801,718.581 Jan 2024 monthly Jan 2003 - Jan 2024
Central Government: Expenditure: Total (PYG mn) 3,801,353.596 Feb 2024 monthly Jan 2003 - Feb 2024
Central Government: Operating Balance (PYG mn) 999,478.283 Jan 2024 monthly Jan 2003 - Jan 2024
Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) 120,267.542 Feb 2024 monthly Jan 2003 - Feb 2024
Central Government: Loan Net / Net Debt (PYG mn) 962,436.457 Jan 2024 monthly Jan 2003 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.724 2028 yearly 1980 - 2028
Trade Balance (USD mn) 349.0 Feb 2024 monthly Jan 1994 - Feb 2024
Total Exports (USD mn) 1,453.3 Feb 2024 monthly Jan 1994 - Feb 2024
Total Exports Growth (%) 23.2 Feb 2024 monthly Jan 1995 - Feb 2024
Aluminum: Exports (USD th) 10,446.436 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 70,176.502 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 14,511.739 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,104.3 Feb 2024 monthly Jan 1994 - Feb 2024
Total Imports Growth (%) 5.4 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Medicament (USD th) 219,155.393 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 235,760.563 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 17.951 Dec 2023 monthly Nov 1978 - Dec 2023
Total Imports from USA (USD mn) 263.192 Dec 2023 quarterly Mar 1994 - Dec 2023
Total Exports to China (USD mn) 20.529 2023 yearly 2000 - 2023
Total Imports from China (USD mn) 1,407.698 Dec 2023 quarterly Mar 2000 - Dec 2023
Exports: Primary Products: Soy (USD th) 401,825.822 Feb 2024 monthly Jan 1994 - Feb 2024
Exports: Agricultural Products: Beef (USD th) 130,861.600 Feb 2024 monthly Jan 1994 - Feb 2024
Exports: Agricultural Products: Soybean Oil (USD th) 33,956.010 Feb 2024 monthly Jan 1994 - Feb 2024
Exports: Fuels & Energy: Electric Power (USD th) 130,407.121 Feb 2024 monthly Jan 1994 - Feb 2024
Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) 55,066.010 Feb 2024 monthly Jan 1994 - Feb 2024
Exports: fob: Uruguay (USD th) 81,697.364 Dec 2023 quarterly Mar 1994 - Dec 2023
Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) 94,165.712 Feb 2024 monthly Jan 1994 - Feb 2024
Imports: Intermediate Goods: Chemicals (USD th) 88,553.846 Feb 2024 monthly Jan 1994 - Feb 2024
Imports: Capital Goods: MAM: Computers (USD th) 35,596.080 Feb 2024 monthly Jan 1994 - Feb 2024
Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) 51,107.625 Feb 2024 monthly Jan 1994 - Feb 2024
Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) 157,383.655 Feb 2024 monthly Jan 1994 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 157.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Current Account Balance (USD mn) -138.6 Dec 2023 quarterly Mar 2008 - Dec 2023
Current Account Balance: % of GDP (%) -1.2 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 172.2 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Direct Investment: % of GDP (%) -0.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) 0.000 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt (USD mn) 21,762.3 Sep 2022 quarterly Mar 2008 - Sep 2022
External Debt: % of GDP (%) 55.7 2023 yearly 2000 - 2023
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) 0.785 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -15,358.851 Dec 2023 quarterly Mar 2001 - Dec 2023
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: 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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.2 Feb 2024 monthly Jan 1999 - Feb 2024
Money Supply M1 (USD mn) 5,792.989 Dec 2023 monthly Dec 1988 - Dec 2023
Money Supply M2 (USD mn) 10,463.893 Dec 2023 monthly Dec 1988 - Dec 2023
M2 Growth (%) 12.2 Feb 2024 monthly Dec 1989 - Feb 2024
Foreign Exchange Reserves (USD mn) 9,333.3 Mar 2024 monthly Dec 1956 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 21.277 Dec 2023 quarterly Dec 1994 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 8.8 Feb 2024 monthly Jan 1994 - Feb 2024
Gold Reserves (USD mn) 573.271 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 20,236.712 Dec 2023 monthly Jan 1994 - Dec 2023
Total Deposits Growth (%) 13.5 Feb 2024 monthly Jan 1995 - Feb 2024
Domestic Credit (USD mn) 20,746.2 Dec 2023 monthly Dec 2001 - Dec 2023
Domestic Credit Growth (%) 8.4 Feb 2024 monthly Dec 2002 - Feb 2024
Total Loans (USD mn) 19,903.275 Dec 2023 monthly Jan 2006 - Dec 2023
Total Loans Growth (%) 11.26 Feb 2024 monthly Jan 2007 - Feb 2024
Private Debt: % of Nominal GDP (%) 40.92 Sep 2023 quarterly Dec 1994 - Sep 2023
Monetary Aggregate: M2 (PYG mn) 75,480,432.643 Feb 2024 monthly Jan 1994 - Feb 2024
Monetary Aggregate: Monetary Base (PYG mn) 26,514,851.270 Feb 2024 monthly Jan 1994 - Feb 2024
Monetary Aggregate: M1 (PYG mn) 41,222,010.088 Feb 2024 monthly Jan 1994 - Feb 2024
Monetary Aggregate: M3 (PYG mn) 135,672,099.995 Feb 2024 monthly Jan 1994 - Feb 2024
International Reserves (USD mn) 10,404.766 Mar 2024 monthly Jan 1994 - Mar 2024
International Reserves: USD (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018

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