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SOUTH AMERICA

Paraguay

PY

Asunción · pop. 6M · Guaraní, Spanish · Paraguayan guaraní · landlocked

Trajectories

economic complexity

#91

Roughly steady in the rankings since 1995.

2024 · −0.28

Harvard Growth Lab · thin line is the world’s median
the numbers30
whenvaluechange
1995−0.56
1996−0.80−0.24 pts
1997−0.71+0.08 pts
1998−0.67+0.05 pts
1999−0.76−0.10 pts
2000−1.10−0.34 pts
2001−1.00+0.10 pts
2002low−1.16−0.15 pts
2003−1.14+0.01 pts
2004−1.03+0.11 pts
2005−0.87+0.17 pts
2006−0.83+0.04 pts
2007−0.84−0.01 pts
2008−0.76+0.08 pts
2009−0.87−0.11 pts
2010−0.81+0.05 pts
2011−0.80+0.02 pts
2012−0.63+0.16 pts
2013−0.62+0.01 pts
2014−0.68−0.06 pts
2015−0.61+0.08 pts
2016−0.78−0.17 pts
2017−0.61+0.17 pts
2018−0.67−0.06 pts
2019−0.70−0.03 pts
2020−0.62+0.08 pts
2021−0.56+0.05 pts
2022−0.57−0.01 pts
2023−0.54+0.04 pts
2024latest−0.28+0.26 pts

economic momentum

$6,416

Tripled since 2000. GDP per head in 2024, in current US dollars.

2024 · $6,416

World Bank · thin line is the world’s median
the numbers35
whenvaluechange
1990$1,440
1991$1,685+17.0%
1992$1,683−0.2%
1993$1,662−1.2%
1994$1,760+5.9%
1995$1,979+12.4%
1996$2,088+5.5%
1997$2,079−0.5%
1998$1,890−9.1%
1999$1,766−6.5%
2000$1,736−1.7%
2001$1,638−5.7%
2002low$1,368−16.5%
2003$1,444+5.6%
2004$1,786+23.7%
2005$1,971+10.3%
2006$2,439+23.8%
2007$3,212+31.7%
2008$4,385+36.5%
2009$3,942−10.1%
2010$4,751+20.5%
2011$5,805+22.2%
2012$5,642−2.8%
2013$6,436+14.1%
2014high$6,652+3.4%
2015$5,879−11.6%
2016$5,775−1.8%
2017$6,152+6.5%
2018$6,258+1.7%
2019$5,821−7.0%
2020$5,365−7.8%
2021$5,977+11.4%
2022$6,206+3.8%
2023$6,300+1.5%
2024latest$6,416+1.8%

prices

3.8%

A year’s rise in consumer prices, in 2024. The world’s median was 3.1%.

2024 · 3.8%

World Bank · thin line is the world’s median
the numbers35
whenvaluechange
1990high37.3%
199124.2%−13.0 pts
199215.2%−9.03 pts
199318.2%+3.02 pts
199420.6%+2.36 pts
199513.4%−7.14 pts
19969.8%−3.63 pts
19976.9%−2.85 pts
199811.6%+4.60 pts
19996.8%−4.80 pts
20009.0%+2.23 pts
20017.3%−1.71 pts
200210.5%+3.24 pts
200314.2%+3.73 pts
20044.3%−9.91 pts
20056.8%+2.48 pts
20069.6%+2.78 pts
20078.1%−1.46 pts
200810.2%+2.02 pts
20092.6%−7.56 pts
20104.7%+2.06 pts
20118.3%+3.60 pts
20123.7%−4.58 pts
20132.7%−0.99 pts
20145.0%+2.34 pts
20153.1%−1.90 pts
20164.1%+0.96 pts
20173.6%−0.48 pts
20184.0%+0.37 pts
20192.8%−1.22 pts
2020low1.8%−0.99 pts
20214.8%+3.02 pts
20229.8%+4.98 pts
20234.6%−5.13 pts
2024latest3.8%−0.80 pts

demographic curve

2.4 children per woman

Near replacement (2.1): the population is stabilising. Fell from 5.1 in 1980.

2024 · 2.4

World Bank · thin line is the world’s median · rule marks replacement (2.1)
the numbers65
whenvaluechange
1960high6.5
19616.5−0.2%
19626.5−0.3%
19636.4−0.4%
19646.4−0.4%
19656.3−1.2%
19666.2−1.8%
19676.1−2.2%
19686.0−2.1%
19695.8−2.3%
19705.7−2.0%
19715.6−2.2%
19725.5−2.4%
19735.4−2.0%
19745.3−1.5%
19755.2−1.8%
19765.1−1.2%
19775.1−0.8%
19785.0−0.8%
19795.1+0.5%
19805.1+0.8%
19815.2+1.0%
19825.1−0.5%
19835.1−0.8%
19845.0−1.0%
19855.0−1.3%
19864.9−0.9%
19874.8−1.7%
19884.8−1.5%
19894.7−1.9%
19904.6−2.5%
19914.5−1.8%
19924.4−1.8%
19934.3−2.7%
19944.2−2.0%
19954.1−2.1%
19964.0−2.3%
19973.9−2.6%
19983.8−2.9%
19993.7−3.4%
20003.5−4.4%
20013.4−4.2%
20023.2−3.8%
20033.1−3.4%
20043.1−2.2%
20053.0−2.6%
20062.9−2.8%
20072.8−2.3%
20082.8−1.1%
20092.8−1.3%
20102.7−2.2%
20112.7−1.0%
20122.7−0.3%
20132.6−0.8%
20142.6+0.4%
20152.60.0%
20162.6−0.8%
20172.6−1.3%
20182.6−1.2%
20192.5−1.4%
20202.5−1.1%
20212.5−1.1%
20222.4−1.0%
20232.4−0.9%
2024latest2.4−0.2%

Metrics

  1. population
    6M
    116 of 176
    REST Countries · UN data
  2. gdp
    $43B
    96 of 170
    World Bank · latest available
  3. gdp per capita
    $6,300
    86 of 170
    World Bank · latest available
  4. military spending
    $398M
    105 of 151
    SIPRI via World Bank
  5. military % of gdp
    0.9%
    121 of 148
    SIPRI via World Bank
  6. area
    407K km²
    61 of 176
    REST Countries
  7. population density
    14.7 /km²
    154 of 176
    zuhd — derived from population and area
  8. life expectancy
    73.8 yr
    86 of 175
    World Bank · latest available
  9. internet access
    78%
    92 of 166
    ITU via World Bank
  10. co₂ per capita
    1.2 t
    109 of 163
    World Bank · Climate Watch
  11. urbanisation
    70%
    66 of 168
    World Bank · UN DESA
  12. fertility rate
    2.4
    70 of 168
    World Bank · UN DESA
  13. foreign-born share
    2.6%
    101 of 167
    World Bank · UN DESA
  14. remittances % of gdp
    2.6%
    72 of 155
    World Bank · IMF BOP
  15. r&d % of gdp
    0.1%
    110 of 123
    UNESCO UIS via World Bank
  16. researchers per million
    139
    90 of 118
    UNESCO UIS via World Bank
  17. scientific articles / yr
    209
    120 of 168
    NSF / World Bank
  18. high-tech exports %
    11%
    50 of 153
    World Bank · UN Comtrade
  19. gini inequality
    44.2
    124 of 139
    World Bank · PovcalNet
  20. youth unemployment
    12%
    81 of 166
    ILO via World Bank
  21. adult literacy
    95%
    41 of 109
    UNESCO UIS via World Bank
  22. democracy (v-dem)
    0.38
    75 of 163
    V-Dem via Our World in Data
  23. clean government
    24
    135 of 164
    Transparency International via Our World in Data
  24. press freedom
    33.5
    85 of 163
    RSF via Our World in Data
  25. human development
    0.756
    81 of 164
    UNDP via Our World in Data
  26. refugees hosted
    6.1K
    101 of 150
    UNHCR via Our World in Data
  27. refugees produced
    170
    121 of 152
    UNHCR via Our World in Data