Paraguay’s GDP Growth
#133 of 189 in the GDP Growth progress rankings
Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).
Key insights
- From 1961 to 2024, GDP Growth changed by -2.7 %.
- Most recent year-over-year change (2023→2024): -0.8 %.
- Lowest level: -3.0 % in 1983.
- Highest level: 12.0 % in 1978.
GDP Growth Chart (1961–2024)
*Average based on available data from 193 UN member countries
GDP Growth Table (1961–2024)
| Year | GDP Growth |
|---|---|
| 1961 | 6.9 % |
| 1962 | 3.3 % |
| 1963 | 4.7 % |
| 1964 | 4.2 % |
| 1965 | 6.2 % |
| 1966 | 2.0 % |
| 1967 | 9.2 % |
| 1968 | 4.5 % |
| 1969 | 4.7 % |
| 1970 | 5.6 % |
| 1971 | 5.5 % |
| 1972 | 6.6 % |
| 1973 | 7.3 % |
| 1974 | 8.4 % |
| 1975 | 6.9 % |
| 1976 | 7.5 % |
| 1977 | 11.5 % |
| 1978 | 12.0 % |
| 1979 | 11.9 % |
| 1980 | 11.7 % |
| 1981 | 9.2 % |
| 1982 | -1.4 % |
| 1983 | -3.0 % |
| 1984 | 2.8 % |
| 1985 | 4.5 % |
| 1986 | 5.0 % |
| 1987 | 7.6 % |
| 1988 | 5.9 % |
| 1989 | 6.9 % |
| 1990 | 4.1 % |
| 1991 | 3.5 % |
| 1992 | 1.7 % |
| 1993 | 4.9 % |
| 1994 | 5.3 % |
| 1995 | 6.8 % |
| 1996 | 1.6 % |
| 1997 | 4.2 % |
| 1998 | 0.1 % |
| 1999 | -1.4 % |
| 2000 | -2.3 % |
| 2001 | -0.8 % |
| 2002 | 0.0 % |
| 2003 | 4.3 % |
| 2004 | 4.1 % |
| 2005 | 2.1 % |
| 2006 | 4.8 % |
| 2007 | 5.4 % |
| 2008 | 6.5 % |
| 2009 | -0.3 % |
| 2010 | 11.1 % |
| 2011 | 4.3 % |
| 2012 | -0.7 % |
| 2013 | 8.3 % |
| 2014 | 5.3 % |
| 2015 | 3.0 % |
| 2016 | 4.3 % |
| 2017 | 4.8 % |
| 2018 | 3.2 % |
| 2019 | -0.4 % |
| 2020 | -0.8 % |
| 2021 | 4.0 % |
| 2022 | 0.2 % |
| 2023 | 5.0 % |
| 2024 | 4.3 % |
Source: World Bank
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