In 2023, Paraguay witnessed an increase in its Nominal GDP, rising to 42.96 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 119.84 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Paraguay has Nominal GDP stood at 41.95 billion dollars, while the GDP based on PPP was 110.42 international billion dollars.
The net change in Paraguay's GDP (Nominal) in 2023 increased by 1.010 billion dollars(2.35%), and GDP (PPP) increased by 9.42 international billion dollars(7.86%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.29 | - | - | - | - | - |
| 1961 | 0.32 | 0.03 | 9.38 % | - | - | - |
| 1962 | 0.36 | 0.04 | 11.11 % | - | - | - |
| 1963 | 0.38 | 0.02 | 5.26 % | - | - | - |
| 1964 | 0.41 | 0.03 | 7.32 % | - | - | - |
| 1965 | 0.44 | 0.03 | 6.82 % | - | - | - |
| 1966 | 0.47 | 0.03 | 6.38 % | - | - | - |
| 1967 | 0.49 | 0.02 | 4.08 % | - | - | - |
| 1968 | 0.52 | 0.03 | 5.77 % | - | - | - |
| 1969 | 0.56 | 0.04 | 7.14 % | - | - | - |
| 1970 | 0.59 | 0.03 | 5.08 % | - | - | - |
| 1971 | 0.66 | 0.07 | 10.61 % | - | - | - |
| 1972 | 0.77 | 0.11 | 14.29 % | - | - | - |
| 1973 | 1.00 | 0.23 | 23.00 % | - | - | - |
| 1974 | 1.33 | 0.33 | 24.81 % | - | - | - |
| 1975 | 1.51 | 0.18 | 11.92 % | - | - | - |
| 1976 | 1.70 | 0.19 | 11.18 % | - | - | - |
| 1977 | 2.09 | 0.39 | 18.66 % | - | - | - |
| 1978 | 2.56 | 0.47 | 18.36 % | - | - | - |
| 1979 | 3.42 | 0.86 | 25.15 % | - | - | - |
| 1980 | 4.45 | 1.03 | 23.15 % | - | - | - |
| 1981 | 5.62 | 1.17 | 20.82 % | - | - | - |
| 1982 | 5.42 | -0.20 | -3.69 % | - | - | - |
| 1983 | 5.67 | 0.25 | 4.41 % | - | - | - |
| 1984 | 4.50 | -1.17 | -26.00 % | - | - | - |
| 1985 | 3.28 | -1.22 | -37.20 % | - | - | - |
| 1986 | 3.72 | 0.44 | 11.83 % | - | - | - |
| 1987 | 3.97 | 0.25 | 6.30 % | - | - | - |
| 1988 | 4.26 | 0.29 | 6.81 % | - | - | - |
| 1989 | 4.76 | 0.50 | 10.50 % | - | - | - |
| 1990 | 5.81 | 1.05 | 18.07 % | 22.75 | - | - |
| 1991 | 6.98 | 1.17 | 16.76 % | 24.34 | 1.59 | 6.53 % |
| 1992 | 7.16 | 0.18 | 2.51 % | 25.32 | 0.98 | 3.87 % |
| 1993 | 7.25 | 0.09 | 1.24 % | 27.20 | 1.88 | 6.91 % |
| 1994 | 7.87 | 0.62 | 7.88 % | 29.25 | 2.05 | 7.01 % |
| 1995 | 9.06 | 1.19 | 13.13 % | 31.90 | 2.65 | 8.31 % |
| 1996 | 9.79 | 0.73 | 7.46 % | 33.00 | 1.10 | 3.33 % |
| 1997 | 9.97 | 0.18 | 1.81 % | 34.99 | 1.99 | 5.69 % |
| 1998 | 9.26 | -0.71 | -7.67 % | 35.41 | 0.42 | 1.19 % |
| 1999 | 8.84 | -0.42 | -4.75 % | 35.42 | 0.01 | 0.03 % |
| 2000 | 8.86 | 0.02 | 0.23 % | 35.39 | -0.03 | -0.08 % |
| 2001 | 8.50 | -0.36 | -4.24 % | 35.88 | 0.49 | 1.37 % |
| 2002 | 7.20 | -1.30 | -18.06 % | 36.43 | 0.55 | 1.51 % |
| 2003 | 7.69 | 0.49 | 6.37 % | 38.75 | 2.32 | 5.99 % |
| 2004 | 9.62 | 1.93 | 20.06 % | 41.41 | 2.66 | 6.42 % |
| 2005 | 10.74 | 1.12 | 10.43 % | 43.62 | 2.21 | 5.07 % |
| 2006 | 13.43 | 2.69 | 20.03 % | 47.13 | 3.51 | 7.45 % |
| 2007 | 17.86 | 4.43 | 24.80 % | 51.03 | 3.90 | 7.64 % |
| 2008 | 24.62 | 6.76 | 27.46 % | 55.39 | 4.36 | 7.87 % |
| 2009 | 22.36 | -2.26 | -10.11 % | 55.59 | 0.20 | 0.36 % |
| 2010 | 27.26 | 4.90 | 17.98 % | 62.51 | 6.92 | 11.07 % |
| 2011 | 33.76 | 6.50 | 19.25 % | 66.53 | 4.02 | 6.04 % |
| 2012 | 33.27 | -0.49 | -1.47 % | 64.60 | -1.93 | -2.99 % |
| 2013 | 38.50 | 5.23 | 13.58 % | 72.61 | 8.01 | 11.03 % |
| 2014 | 40.38 | 1.88 | 4.66 % | 76.52 | 3.91 | 5.11 % |
| 2015 | 36.21 | -4.17 | -11.52 % | 78.09 | 1.57 | 2.01 % |
| 2016 | 36.09 | -0.12 | -0.33 % | 83.30 | 5.21 | 6.25 % |
| 2017 | 39.00 | 2.91 | 7.46 % | 88.60 | 5.30 | 5.98 % |
| 2018 | 40.23 | 1.23 | 3.06 % | 90.88 | 2.28 | 2.51 % |
| 2019 | 37.93 | -2.30 | -6.06 % | 92.19 | 1.31 | 1.42 % |
| 2020 | 35.43 | -2.50 | -7.06 % | 94.49 | 2.30 | 2.43 % |
| 2021 | 39.95 | 4.52 | 11.31 % | 102.98 | 8.49 | 8.24 % |
| 2022 | 41.95 | 2.00 | 4.77 % | 110.42 | 7.44 | 6.74 % |
| 2023 | 42.96 | 1.01 | 2.35 % | 119.84 | 9.42 | 7.86 % |