Home / Countries / South America
Paraguay economy
Paraguay’s economy grew 6.6% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 4.0% in 2025, and 4.8% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 6.6% | 2025 |
| Inflation (consumer prices) | 4.0% | 2025 |
| Unemployment | 4.8% | 2025 |
| GDP (US dollars) | $49.3 bn | 2025 |
| GDP per person (US dollars) | $7,027 | 2025 |
| GDP per person (PPP, international dollars) | $18,524 | 2024 |
| Current account balance, % of GDP | −3.2% | 2025 |
| Budget balance, % of GDP | −2.1% | 2024 |
| Extreme poverty, % of people below $3.00 a day | 2.1% | 2024 |
| Population | 7.0 m | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.