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GDP growth in 2019 is projected to be around 3½ percent as a drought early in the planting season is affecting the soybean harvest. All rights reserved. GDP in Paraguay averaged 11.63 USD Billion from 1965 until 2019, reaching an all time high of 40.38 USD Billion in 2018 and a record low of 0.44 USD Billion in … The gross domestic product (GDP) measures of national income and output for a given country's economy.
Paraguay’s economic freedom score is 63.0, making its economy the 80th freest in the 2020 Index. The economy was remarkably resilient in the first quarter, underpinned by robust domestic demand, although available indicators show it took a notable hit in the second quarter. The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Inflation is within the central bank target range. The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract. Paraguay is the fifth largest soy producer in the world. Poverty has fallen sharply, from 58 percent in 2002 to 26 percent currently, although it remains one of the highest in Latin America. July 14, 2020 .
Current USD Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The GDP value of Paraguay represents 0.03 percent of the world economy. The IMF Press Center is a password-protected site for working journalists.Paraguay has grown rapidly in the past decade and a half, the result of a bounce-back from a crisis in the late 1990s, good macro-policies, and a boom in agricultural commodity prices, which spilled over to the non-tradable sector. April 30, 2019 Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 19/111 Paraguay Economic Outlook. The Gross Domestic Product (GDP) in Paraguay was worth 38.15 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. 1965-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Country Report No. GDP grew by around 3¾ percent in 2018, despite spill-overs of the Argentine crisis, which resulted in a sharp appreciation of the guaraní vis-à-vis the peso and the real.
Inflation is within the central bank target range. GDP growth in 2019 is projected to be around 3½ percent as a drought early in the planting season is affecting the soybean harvest. © 2020 International Monetary Fund.
GDP growth in 2019 is projected to be around 3½ percent as a drought early in the planting season is affecting the soybean harvest. All rights reserved. GDP in Paraguay averaged 11.63 USD Billion from 1965 until 2019, reaching an all time high of 40.38 USD Billion in 2018 and a record low of 0.44 USD Billion in … The gross domestic product (GDP) measures of national income and output for a given country's economy.
Paraguay’s economic freedom score is 63.0, making its economy the 80th freest in the 2020 Index. The economy was remarkably resilient in the first quarter, underpinned by robust domestic demand, although available indicators show it took a notable hit in the second quarter. The biggest sector of Paraguay´s economy is services. Financing, real estate and business services; trade, communication and restaurant and hotels, household and government services account for 39 percent of the GDP. Inflation is within the central bank target range. The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract. Paraguay is the fifth largest soy producer in the world. Poverty has fallen sharply, from 58 percent in 2002 to 26 percent currently, although it remains one of the highest in Latin America. July 14, 2020 .
Current USD Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The GDP value of Paraguay represents 0.03 percent of the world economy. The IMF Press Center is a password-protected site for working journalists.Paraguay has grown rapidly in the past decade and a half, the result of a bounce-back from a crisis in the late 1990s, good macro-policies, and a boom in agricultural commodity prices, which spilled over to the non-tradable sector. April 30, 2019 Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 19/111 Paraguay Economic Outlook. The Gross Domestic Product (GDP) in Paraguay was worth 38.15 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. 1965-2019 Data | 2020-2022 Forecast | Historical | Chart | NewsDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Industry and mining create 25 percent of the wealth and agriculture, forestry, fishing and cattle 21 percent. Country Report No. GDP grew by around 3¾ percent in 2018, despite spill-overs of the Argentine crisis, which resulted in a sharp appreciation of the guaraní vis-à-vis the peso and the real.
Inflation is within the central bank target range. GDP growth in 2019 is projected to be around 3½ percent as a drought early in the planting season is affecting the soybean harvest. © 2020 International Monetary Fund.