Paraguay GDP

LATEST ESTIMATES FOR GROSS DOMESTIC PRODUCT IN PPP INT$ ADJUSTED FOR BASE YEAR AND INFORMAL ECONOMY

Paraguay GDP is estimated to be $165 billion dollars by World Economics for 2023 - 53% larger than official estimates.

The official estimate for Paraguay's GDP published by the World Bank was $108 billion at the end of 2023 in puchasing power partity terms.

World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. World Economics estimates Paraguay's GDP to be $165 billion - 53% larger than official estimates.

Paraguay's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London



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GDP PPP Estimates: All Countries 2023 Estimate
Billions, Int$
2024 Estimate
Billions, Int$
World Economics
Data Quality Rating
(A-E)



China $39,096.66 $40,895.10 C
United States $26,148.93 $26,854.95 A
India $20,494.19 $21,887.80 C
Russia $8,021.81 $8,278.51 C
Japan $6,286.68 $6,343.26 A
Germany $5,820.15 $5,831.79 A
Indonesia $5,579.94 $5,858.93 C
Brazil $5,294.97 $5,411.46 B
France $4,270.65 $4,300.54 A
United Kingdom $4,082.61 $4,103.03 A
Mexico $3,925.07 $4,019.27 C
Türkiye $3,879.22 $3,999.48 B
Italy $3,836.79 $3,863.65 A
Korea, Rep. $3,217.59 $3,291.59 A
Egypt $2,918.88 $3,006.45 D
Spain $2,734.44 $2,786.40 A
Saudi Arabia $2,657.05 $2,726.13 C
Canada $2,477.78 $2,507.51 A
Nigeria $2,418.76 $2,498.58 E
Thailand $2,222.56 $2,282.57 D
Bangladesh $2,012.66 $2,127.38 E
Poland $1,978.43 $2,039.76 B
Pakistan $1,968.70 $2,008.07 D
Vietnam $1,910.27 $2,021.07 E
Argentina $1,774.06 $1,724.39 C
Australia $1,728.93 $1,754.86 A
Philippines $1,628.96 $1,729.96 C
Malaysia $1,595.98 $1,666.21 B
Taiwan $1,572.87 $1,621.62 A
Netherlands $1,366.50 $1,374.70 A
Colombia $1,311.45 $1,325.88 B
South Africa $1,279.15 $1,290.67 B
Romania $962.83 $989.79 B
Kazakhstan $935.20 $964.19 D
Belgium $897.86 $908.63 A
Ukraine $877.81 $905.90 C
United Arab Emirates $873.38 $903.95 B
Singapore $813.62 $830.71 A
Switzerland $789.92 $800.19 A
Peru $785.08 $804.71 D
Sweden $770.22 $771.76 A
Algeria $721.38 $748.79 C
Chile $697.43 $711.38 A
Ireland $690.59 $700.95 A
Austria $644.25 $646.82 A
Czechia $594.27 $598.43 A
Israel $572.88 $582.05 A
Norway $565.59 $574.08 A
Hong Kong $554.53 $570.62 A
Ethiopia $550.14 $584.25 E
Portugal $531.62 $540.66 A
Angola $504.01 $517.11 E
Denmark $493.90 $504.27 A
Hungary $481.09 $491.67 B
Greece $479.24 $488.82 B
Kenya $472.69 $496.32 D
Myanmar $471.66 $478.73 D
Morocco $444.55 $458.33 C
Uzbekistan $409.18 $430.46 D
Sri Lanka $408.29 $414.42 C
Qatar $385.31 $393.02 B
Tanzania $378.76 $399.59 D
Ecuador $371.00 $371.37 D
Finland $369.98 $371.46 A
Ghana $362.50 $372.65 C
Belarus $351.99 $360.44 C
Dominican Republic $351.78 $370.78 B
Guatemala $333.04 $344.69 D
Cote d'Ivoire $323.23 $344.24 C
Kuwait $306.92 $302.62 D
Azerbaijan $296.27 $304.57 D
Congo, Dem. Rep $292.14 $305.87 E
New Zealand $283.00 $285.83 A
Bulgaria $274.45 $281.86 B
Sudan $262.22 $251.21 E
Panama $246.86 $253.03 D
Slovak Republic $243.62 $248.74 B
Nepal $240.17 $247.61 E
Oman $237.45 $240.30 B
Serbia $232.89 $241.04 B
Bolivia $213.89 $217.31 E
Uganda $205.21 $216.70 D
Cameroon $204.55 $213.35 D
Croatia $204.42 $210.55 B
Tunisia $199.96 $203.76 D
Libya $178.54 $192.46 E
Costa Rica $170.96 $177.80 B
Afghanistan $170.09 $168.39 E
Paraguay $164.96 $171.22 D
Lithuania $161.73 $165.28 B
Cambodia $150.96 $160.01 E
Uruguay $146.06 $151.46 B
Jordan $136.31 $139.85 B
Turkmenistan $130.32 $133.32 D
Zambia $128.81 $134.86 D
Slovenia $126.67 $129.20 A
Senegal $124.84 $135.20 C
Georgia $122.49 $129.47 B
Bahrain $117.46 $121.69 C
Zimbabwe $113.13 $116.76 E
Honduras $113.04 $117.11 E
Mali $109.11 $113.47 E
El Salvador $107.56 $110.79 C
Guyana $104.04 $139.31 E
Gabon $98.72 $101.58 E
Luxembourg $97.39 $98.65 A
Guinea $95.66 $99.59 E
Laos $92.50 $96.20 E
Madagascar $89.75 $93.79 E
Latvia $89.47 $90.99 B
Burkina Faso $87.80 $92.63 C
Bosnia and Herzegovina $85.01 $87.14 D
Lebanon $84.52 $86.21 D
Armenia $82.40 $87.35 B
Mozambique $80.16 $84.16 D
Benin $78.48 $83.19 C
Nicaragua $78.47 $81.21 D
Mongolia $72.11 $76.79 B
Congo, Rep. $71.59 $74.74 E
Estonia $70.42 $70.07 B
Niger $69.43 $76.66 C
Botswana $67.87 $70.31 C
Albania $65.86 $67.91 C
Papua New Guinea $64.88 $67.80 E
Tajikistan $64.57 $68.77 E
Rwanda $62.15 $66.43 C
Cyprus $60.01 $61.63 A
Yemen, Rep. $59.65 $59.05 E
Chad $57.69 $59.36 E
Kyrgyzstan $57.41 $59.94 D
North Macedonia $56.65 $58.18 B
Haiti $56.42 $54.73 E
Moldova $55.21 $56.64 B
Malawi $51.30 $53.00 C
Mauritania $47.49 $49.91 D
Namibia $44.02 $45.21 C
Jamaica $42.32 $43.08 E
Mauritius $40.91 $42.91 B
Malta $40.27 $42.29 B
Togo $38.06 $40.08 C
Iceland $29.32 $29.82 A
Sierra Leone $26.16 $27.21 D
Eswatini $21.89 $22.70 D
Burundi $20.41 $21.29 E
Bahamas, The $19.86 $20.32 B
Bhutan $18.00 $18.77 E
Suriname $16.43 $16.92 C
Liberia $14.20 $14.95 E
Gambia $13.26 $14.09 D
Central African Republic $10.96 $11.10 E
Lesotho $9.09 $9.31 C
Guinea-Bissau $7.47 $7.84 E
Comoros $4.06 $4.20 D

See: Data for individual countries by using country lists







Note: Data for years shown use end of of year values.

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Data quality rating definitions:
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         C: Use with caution
         D: Poor
         E: Extremely poor quality


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PARAGUAY'S ECONOMICS
PARAGUAY'S DEMOGRAPHY
PARAGUAY'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA