Updated · Source: IMF World Economic Outlook, April 2026
Nominal Gross Domestic Product (GDP) of Paraguay is $60.54 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 4.2%. GDP per capita is $9,372.
Paraguay GDP Trend
Nominal GDP of Paraguay has grown from $4.09 billion in 1980 to $60.54 billion in 2026.
Paraguay GDP Growth Rate (%)
This chart shows the year-over-year real GDP growth rate of Paraguay. Hover any bar to see the exact value for that year.
Average Growth
3.41%
Best Year
1980 (+11.7%)
Worst Year
1983 (-3%)
Years of Contraction
9 of 47
GDP per capita in Paraguay rose from $7,692 in 2025 to $9,372 in 2026, an increase of 21.8%.
"Paraguay GDP", "Paraguay gross domestic product", and "Paraguay economy size" all refer to the same nominal GDP figure.
Gross Domestic Product (GDP) of Paraguay
The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Paraguay for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.
Paraguay nominal GDP by year
Year
GDP Nominal (Current USD)
GDP Growth
GDP per capita
Pop. Change
2026
$60,542,000,000
4.2%
$9,372
0.67%
2025
$49,358,000,000
6%
$7,692
0.69%
2024
$44,739,000,000
4.7%
$7,021
0.73%
2023
$43,140,000,000
5.3%
$6,819
0.68%
2022
$41,841,000,000
0%
$6,658
0.58%
2021
$39,937,000,000
4%
$6,392
0.74%
2020
$35,432,000,000
-0.8%
$5,713
0.93%
2019
$37,925,000,000
-0.4%
$6,172
0.95%
2018
$40,225,000,000
3.2%
$6,609
0.98%
2017
$38,997,000,000
4.8%
$6,469
0.99%
2016
$36,090,000,000
4.3%
$6,046
0.96%
2015
$36,211,000,000
3%
$6,125
0.94%
2014
$40,378,000,000
5.3%
$6,894
0.9%
2013
$38,651,000,000
8.3%
$6,658
0.85%
2012
$33,296,000,000
-0.7%
$5,784
0.79%
2011
$33,737,000,000
4.3%
$5,908
0.76%
2010
$27,129,000,000
11.1%
$4,786
0.73%
2009
$22,355,000,000
-0.3%
$3,973
0.7%
2008
$24,615,000,000
6.5%
$4,405
0.67%
2007
$17,856,000,000
5.4%
$3,217
0.73%
2006
$13,430,000,000
4.8%
$2,437
0.8%
2005
$10,738,000,000
2.1%
$1,964
0.9%
2004
$9,624,000,000
4.1%
$1,776
0.99%
2003
$7,691,000,000
4.3%
$1,434
1.11%
2002
$7,196,000,000
0%
$1,356
1.3%
2001
$8,496,000,000
-0.8%
$1,622
1.61%
2000
$8,856,000,000
-2.3%
$1,718
2.04%
1999
$8,837,000,000
-1.4%
$1,749
2.16%
1998
$9,260,000,000
0.1%
$1,873
2.25%
1997
$9,965,000,000
4.2%
$2,061
2.31%
1996
$9,788,000,000
1.6%
$2,071
2.4%
1995
$9,062,000,000
6.8%
$1,963
2.44%
1994
$7,871,000,000
5.3%
$1,747
2.53%
1993
$7,249,000,000
4.9%
$1,650
2.61%
1992
$7,158,000,000
1.7%
$1,671
2.66%
1991
$6,984,000,000
3.5%
$1,674
2.73%
1990
$4,904,000,000
4.1%
$1,208
2.76%
1989
$4,046,000,000
5.8%
$1,024
2.84%
1988
$5,584,000,000
5.9%
$1,453
2.86%
1987
$4,216,000,000
4.1%
$1,129
2.86%
1986
$5,032,000,000
0.3%
$1,386
2.89%
1985
$4,214,000,000
3.9%
$1,194
2.98%
1984
$4,931,000,000
2.8%
$1,439
3%
1983
$6,069,000,000
-3%
$1,824
3%
1982
$5,470,000,000
-1.4%
$1,693
3%
1981
$5,220,000,000
9.2%
$1,664
2.99%
1980
$4,095,000,000
11.7%
$1,344
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The nominal GDP of Paraguay in 2026 is $60.54 billion, according to the IMF World Economic Outlook (April 2026). This ranks Paraguay 96th in the world by nominal GDP.
What is the GDP growth rate of Paraguay?
The GDP growth rate of Paraguay in 2026 is 4.2%, per IMF estimates.
What is the GDP per capita of Paraguay?
GDP per capita in Paraguay in 2026 is $9,372, per IMF data.
Is the GDP of Paraguay expected to grow?
IMF projects the nominal GDP of Paraguay to reach $79.79 billion by 2031, up from $60.54 billion in 2026.
Sources: IMF, World Economic Outlook (April 2026).
Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.