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Paraguay Trade (% GDP)

Paraguay's trade (% GDP) fell to 76.83% in 2024, down from 82.41% in 2023, according to World Bank. This represents a decrease of 5.58% from the previous year. Paraguay has trade (% GDP) lower than the global median (76.83% vs median 84.49%). Compared with the median in Americas, Paraguay is lower (76.83% vs regional median 78.04%) and ranks 17th out of 32 countries in Americas.

Yearly Historical Data (1962-2024)

(in %)
Year Trade (% GDP)
2024 76.83%
2023 82.41%
2022 73.74%
2021 69.74%
2020 62.76%
2019 71.22%
2018 72.07%
2017 71.08%
2016 67.76%
2015 66.92%
2014 69.08%
2013 73.37%
2012 74.76%
2011 78.49%
2010 81.26%
2009 70.84%
2008 80.78%
2007 79%
2006 84.73%
2005 85.02%
2004 80.1%
2003 81.13%
2002 79.44%
2001 72.61%
2000 78.64%
1999 77.56%
1998 101.61%
1997 95.93%
1996 103.04%
1995 118.06%
1994 123.08%
1993 113.6%
1992 89.5%
1991 89.14%
1990 91.31%
1989 82.96%
1988 85.08%
1987 72.49%
1986 67.14%
1985 54.21%
1984 41.13%
1983 25.14%
1982 31.9%
1981 29.14%
1980 33.9%
1979 37.61%
1978 40.53%
1977 41.9%
1976 32.7%
1975 31.06%
1974 32.67%
1973 29.23%
1972 27.61%
1971 29.32%
1970 31.04%
1969 31.78%
1968 29.13%
1967 27.85%
1966 29.39%
1965 30.71%
1964 26.59%
1963 24.53%
1962 27.31%
Paraguay Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Paraguay divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $10.91B $11.89B 2024
Annual Imports $15.93B $16.1B 2024
Exports (% GDP) 37.2% 42.06% 2024
FDI Inflows (% GDP) 0.9% 1.34% 2024
Imports (% GDP) 39.63% 40.34% 2024
Net Trade (Goods & Services, BoP) -$981.47M $733.33M 2024
Tariff Rate 8.27% 8.11% 2022