GERD as a percentage of GDP in Paraguay

Paraguay: GERD as a percentage of GDP was 0.1% in 2023. ▲ Rising

Latest (2023)
0.1%
Change on year
up 18.2%
World rank
97th
of 116 countries
All-time high
0.2%
in 2020
All-time low
0.0%
in 2008
Years of data
19
2001–2023

GERD as a percentage of GDP in Paraguay, 2001–2023

0.050.0750.10.1250.152001201220232001: 0.0672002: 0.0752003: 0.0612004: 0.0612005: 0.0612008: 0.0412011: 0.0422012: 0.0652013: 0.0722014: 0.0792015: 0.0972016: 0.1172017: 0.1492018: 0.1472019: 0.1382020: 0.1572021: 0.1442022: 0.1192023: 0.141

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in Paraguay is 0.1%, measured in 2023.

That represents a change of up 18.2% on the previous year and up 97.1% over ten years.

Over the whole period, gerd as a percentage of gdp in Paraguay peaked at 0.2% in 2020 and was at its lowest, 0.0%, in 2008.

Paraguay ranks 97th of 116 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

GERD as a percentage of GDP in Paraguay, year by year

Annual values for GERD as a percentage of GDP in Paraguay, 2001 to 2023.
Year Value Change
2001 0.1% —
2002 0.1% +11.9%
2003 0.1% -18.1%
2004 0.1% -1.1%
2005 0.1% +0.4%
2008 0.0% -32.5%
2011 0.0% +2.5%
2012 0.1% +54.6%
2013 0.1% +9.9%
2014 0.1% +10.3%
2015 0.1% +22.4%
2016 0.1% +20.7%
2017 0.1% +27.5%
2018 0.1% -1.4%
2019 0.1% -6.4%
2020 0.2% +14.2%
2021 0.1% -8.3%
2022 0.1% -17.0%
2023 0.1% +18.2%

Paraguay compared with similar countries

  • Paraguay's 0.1% is below the median for upper middle income countries, which is 0.3%, 49% of the median. (36 countries reporting)
  • Paraguay's 0.1% is below the median for Latin America & Caribbean, which is 0.2%, 63% of the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1% 0.0% 0.1% 6
2010s 0.1% 0.0% 0.1% 9
2020s 0.1% 0.1% 0.2% 4

Countries ranked near Paraguay

  1. 94 Pakistan 0.2% compare
  2. 95 Kazakhstan 0.2% compare
  3. 96 Mali 0.1% compare
  4. 98 Nicaragua 0.1% compare
  5. 99 Sri Lanka 0.1% compare
  6. 100 Burkina Faso 0.1% compare

See the full ranking of 166 places →

More science & technology data for Paraguay

All data for Paraguay →

Frequently asked questions

What is gerd as a percentage of gdp in Paraguay?
Gerd as a percentage of gdp in Paraguay was 0.1% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Paraguay?
The highest recorded value was 0.2% in 2020.
What is the lowest gerd as a percentage of gdp recorded in Paraguay?
The lowest recorded value was 0.0% in 2008.
How does Paraguay rank for gerd as a percentage of gdp?
Paraguay ranks 97th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Paraguay?
Over the last ten years it is up 97.1%. The long-run trend across the full record is rising.
Where does this Paraguay data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Paraguay. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/paraguay/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release