Paraguay Government Debt: % of GDP

2014 - 2023 | Quarterly | % | CEIC Data

Key information about Paraguay Government Debt: % of GDP

  • Paraguay Government debt accounted for 34.8 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 34.0 % in the previous quarter.
  • Paraguay government debt to GDP ratio data is updated quarterly, available from Dec 2014 to Dec 2023.
  • The data reached an all-time high of 34.8 % in Dec 2023 and a record low of 12.4 % in Dec 2014.

CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Under Secretary of State for Economic Affairs provides Government Debt in USD. The Central Bank of Paraguay provides Nominal GDP in local currency. The Central Bank of Paraguay average market exchange rate is used for currency conversions. Government Debt covers Central Government only.


Related information about Paraguay Government Debt: % of GDP

  • In the latest reports, Paraguay National Government Debt reached 13.4 USD bn in Dec 2022.
  • The country's Nominal GDP reached 11.0 USD bn in Mar 2023.

View Paraguay's Government Debt: % of GDP from Dec 2014 to Dec 2023 in the chart:

Paraguay Government Debt: % of GDP

What was Paraguay's Government Debt: % of GDP in Dec 2023?

Paraguay Government debt accounted for 34.8 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 34.0 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
34.8 Dec 2023 34.0 Sep 2023 12.4 Dec 2014 34.8 Dec 2023 % quarterly Dec 2014 - Dec 2023

Government Debt: % of GDP by Country Comparison

Buy Selected Data

Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 61.2 Jun 2023 quarterly Sep 2010 - Jun 2023
Algeria (%) 62.1 2022 yearly 1997 - 2022
Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Armenia (%) 50.5 Dec 2023 quarterly Dec 2013 - Dec 2023
Australia (%) 41.8 2022 yearly 1999 - 2022
Austria (%) 77.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 90.9 Sep 2023 quarterly Dec 2007 - Sep 2023
Bangladesh (%) 23.9 2023 yearly 2010 - 2023
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 108.0 Sep 2023 quarterly Dec 1980 - Sep 2023
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 20.7 2022 yearly 2007 - 2022
Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
Brazil (%) 74.4 Dec 2023 quarterly Dec 2006 - Dec 2023
Bulgaria (%) 21.0 Sep 2023 quarterly Mar 2007 - Sep 2023
Cambodia (%) 33.7 2022 yearly 2013 - 2022
Canada (%) 67.8 2023 yearly 1962 - 2023
Chile (%) 39.9 Dec 2023 quarterly Mar 2002 - Dec 2023
China (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Colombia (%) 59.0 Sep 2023 quarterly Dec 2005 - Sep 2023
Croatia (%) 67.8 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 77.4 Dec 2023 quarterly Dec 2010 - Dec 2023
Czech Republic (%) 44.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Denmark (%) 29.3 Dec 2023 quarterly Mar 2000 - Dec 2023
Ecuador (%) 67.0 Dec 2023 quarterly Dec 2005 - Dec 2023
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 19.6 Dec 2023 quarterly Mar 2000 - Dec 2023
European Union (%) 82.4 Sep 2023 quarterly Mar 2000 - Sep 2023
Finland (%) 75.8 Dec 2023 quarterly Mar 2000 - Dec 2023
France (%) 1.1 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 39.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Germany (%) 63.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Ghana (%) 70.7 2022 yearly 2006 - 2022
Greece (%) 165.5 Sep 2023 quarterly Dec 1999 - Sep 2023
Hong Kong SAR, China (%) 50.1 2023 yearly 2003 - 2023
Hungary (%) 69.5 Dec 2023 quarterly Dec 1990 - Dec 2023
Iceland (%) 64.8 2023 yearly 1998 - 2023
India (%) 59.0 Dec 2023 quarterly Mar 2012 - Dec 2023
Indonesia (%) 39.0 Dec 2023 quarterly Jun 2015 - Dec 2023
Iran (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
Ireland (%) 43.5 Sep 2023 quarterly Mar 2000 - Sep 2023
Israel (%) 60.3 2023 yearly 1995 - 2023
Italy (%) 137.3 Dec 2023 quarterly Dec 1995 - Dec 2023
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 217.3 Dec 2023 quarterly Dec 1994 - Dec 2023
Jordan (%) 89.2 Sep 2023 quarterly Mar 2002 - Sep 2023
Kazakhstan (%) 23.1 Sep 2023 quarterly Mar 2005 - Sep 2023
Kenya (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Kyrgyzstan (%) 45.6 Dec 2023 quarterly Mar 2011 - Dec 2023
Latvia (%) 39.5 Jun 2023 quarterly Mar 2000 - Jun 2023
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 38.3 Dec 2023 quarterly Mar 2000 - Dec 2023
Luxembourg (%) 25.8 Sep 2023 quarterly Dec 1997 - Sep 2023
North Macedonia (%) 53.1 Dec 2023 quarterly Dec 2009 - Dec 2023
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 64.3 Dec 2023 quarterly Dec 2010 - Dec 2023
Malta (%) 49.6 Sep 2023 quarterly Dec 2000 - Sep 2023
Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
Mexico (%) 49.7 Dec 2023 quarterly Dec 2005 - Dec 2023
Moldova (%) 34.9 Dec 2023 quarterly Mar 2007 - Dec 2023
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Morocco (%) 71.6 2022 yearly 1994 - 2022
Nepal (%) 27.2 2019 yearly 1990 - 2019
Netherlands (%) 46.5 Dec 2023 quarterly Dec 1999 - Dec 2023
New Zealand (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Nigeria (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Norway (%) 44.3 2023 yearly 1995 - 2023
Oman (%) 41.2 2022 yearly 1990 - 2022
Pakistan (%) 71.6 2022 yearly 2000 - 2022
Palestinian Territory (%) 72.6 Sep 2023 quarterly Dec 2010 - Sep 2023
Panama (%) 56.4 Dec 2023 quarterly Dec 2007 - Dec 2023
Paraguay (%) 34.8 Dec 2023 quarterly Dec 2014 - Dec 2023
Peru (%) 32.9 Dec 2023 quarterly Mar 1999 - Dec 2023
Philippines (%) 60.1 Dec 2023 quarterly Mar 1993 - Dec 2023
Poland (%) 49.8 Dec 2023 quarterly Dec 2002 - Dec 2023
Portugal (%) 99.0 Dec 2023 quarterly Dec 1995 - Dec 2023
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 48.9 Dec 2023 quarterly Dec 2011 - Dec 2023
Russia (%) 15.7 Sep 2023 quarterly Dec 2011 - Sep 2023
Saudi Arabia (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
Serbia (%) 52.0 Dec 2023 quarterly Sep 2004 - Dec 2023
Singapore (%) 170.8 Dec 2023 quarterly Mar 1990 - Dec 2023
Slovakia (%) 59.5 Jun 2023 quarterly Mar 2000 - Jun 2023
Slovenia (%) 69.2 Dec 2023 quarterly Dec 1999 - Dec 2023
South Africa (%) 73.9 Dec 2023 quarterly Dec 1960 - Dec 2023
Spain (%) 107.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Sri Lanka (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Sweden (%) 30.4 Sep 2023 quarterly Mar 1996 - Sep 2023
Switzerland (%) 23.1 2027 yearly 1990 - 2027
Taiwan (%) 29.7 2022 yearly 1996 - 2022
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 29.5 Dec 2023 quarterly Dec 2001 - Dec 2023
Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Paraguay Key Series

Buy Selected Data

Includes 152 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: Loan Net / Net Debt (PYG mn) 962,436.457 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
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: 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: Primary Products: Soy (USD th) 401,825.822 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: Fuels & Energy: Electric Power (USD th) 130,407.121 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: Other Engines & Equipment (USD th) 157,383.655 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: Computers (USD th) 35,596.080 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) 9,707.9 Feb 2024 monthly Dec 1956 - Feb 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) 539.871 Feb 2024 monthly Dec 1956 - Feb 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: Monetary Base (PYG mn) 26,514,851.270 Feb 2024 monthly Jan 1994 - Feb 2024
Monetary Aggregate: M2 (PYG mn) 75,480,432.643 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 (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018

More Indicators for Paraguay

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data