Flag of py

Paraguay GDP per Capita

Paraguay's GDP per capita rose to $6,640.84 in 2024, up from $6,449.23 in 2023, according to World Bank. This represents an increase of 3% ($191.61) from the previous year. Paraguay has GDP per capita lower than the global median ($6,641 vs median $6,791). Compared with the median in Americas, Paraguay is lower ($6,641 vs regional median $12,667) and ranks 34th out of 43 countries in Americas.

Paraguay's GDP rose to $44.46 billion in 2024, up from $43.12 billion in 2023.

Yearly Historical Data (1960-2024)

(in USD)
Year GDP per Capita (USD)
2024 6,640.84
2023 6,449.23
2022 6,218.2
2021 6,278.11
2020 6,109.2
2019 6,243.54
2018 6,354.24
2017 6,243.13
2016 6,041.96
2015 5,879.34
2014 5,794.48
2013 5,583.12
2012 5,230.26
2011 5,342.19
2010 5,191.05
2009 4,727.6
2008 4,788.66
2007 4,540.38
2006 4,349.31
2005 4,193.28
2004 4,151.35
2003 4,035.72
2002 3,916.44
2001 3,972.88
2000 4,074.49
1999 4,252.49
1998 4,402.11
1997 4,496.02
1996 4,411.37
1995 4,445.19
1994 4,262.14
1993 4,147.78
1992 4,054.04
1991 4,091.49
1990 4,059.77
1989 4,006.16
1988 3,851.52
1987 3,739.83
1986 3,575.8
1985 3,504.48
1984 3,448.84
1983 3,450.27
1982 3,659.88
1981 3,816.55
1980 3,592.56
1979 3,301.62
1978 3,027.56
1977 2,770.71
1976 2,547.26
1975 2,428.11
1974 2,329.54
1973 2,203.53
1972 2,103.86
1971 2,019.34
1970 1,957.05
1969 1,896.2
1968 1,852.8
1967 1,814.2
1966 1,702.11
1965 1,710.03
1964 1,651.13
1963 1,624.52
1962 1,589.8
1961 1,575.52
1960 1,508.16
Paraguay GDP per Capita : Definition
GDP per Capita measures total economic output for Paraguay divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $44.46B $43.12B 2024
GDP Annual Growth Rate 4.25% 5% 2024
GDP per Capita PPP $16,296.28 $15,826.09 2024
R&D Expenditure (% GDP) 0.12% 0.14% 2022
Real GDP $46.02B $44.14B 2024