Paraguay Current Account Balance: % of GDP

2000 - 2024 | Quarterly | % | CEIC Data

Key information about Paraguay Current Account Balance: % of GDP

  • Paraguay Current Account deficit accounted for 1.7 % of the country's Nominal GDP in Mar 2024, compared with a 1.2 % deficit in the previous quarter.
  • Paraguay Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2000 to Mar 2024, with an average value of 0.2 %.
  • The data reached an all-time high of 13.5 % in Sep 2002 and a record low of -9.5 % in Dec 2021.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Paraguay provides Current Account Balance in USD, based on BPM6 and Nominal GDP in local currency. The Central Bank of Paraguay average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2008 is based on BPM5.


Key information about Paraguay Current Account Balance: % of GDP

  • In the latest reports of Paraguay, Current Account recorded a deficit of 202.9 USD mn in Mar 2024.
  • Foreign Direct Investment (FDI) increased by 172.2 USD mn in Mar 2022.
  • Paraguay Direct Investment Abroad expanded by 157.0 USD mn in Mar 2022.
  • Its Foreign Portfolio Investment increased by 875.2 USD mn in Mar 2024.
  • The country's Nominal GDP was reported at 11.0 USD bn in Mar 2023.

View Paraguay's Current Account Balance: % of GDP from Mar 2000 to Mar 2024 in the chart:

Paraguay Current Account Balance: % of GDP

What was Paraguay's Current Account Balance: % of GDP in Mar 2024?

Paraguay Current Account deficit accounted for 1.7 % of the country's Nominal GDP in Mar 2024, compared with a 1.2 % deficit in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.7 Mar 2024 -1.2 Dec 2023 -9.5 Dec 2021 13.5 Sep 2002 % quarterly Mar 2000 - Mar 2024

Current Account Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -7.0 Mar 2024 quarterly Mar 2008 - Mar 2024
Algeria (%) 3.6 Sep 2023 quarterly Mar 2007 - Sep 2023
Argentina (%) 0.2 Mar 2024 quarterly Mar 2004 - Mar 2024
Armenia (%) -6.2 Mar 2024 quarterly Dec 1994 - Mar 2024
Australia (%) -1.6 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (%) 7.5 Mar 2024 quarterly Mar 1970 - Mar 2024
Azerbaijan (%) 10.1 Mar 2024 quarterly Mar 2013 - Mar 2024
Bahrain (%) 15.2 Dec 2022 quarterly Mar 2018 - Dec 2022
Bangladesh (%) -0.5 2023 yearly 1998 - 2023
Belarus (%) -11.1 Mar 2024 quarterly Mar 1996 - Mar 2024
Belgium (%) 2.1 Mar 2024 quarterly Mar 1995 - Mar 2024
Bolivia (%) -5.3 Mar 2024 quarterly Mar 1990 - Mar 2024
Bosnia and Herzegovina (%) -7.5 Mar 2024 quarterly Mar 2008 - Mar 2024
Botswana (%) -3.9 Mar 2024 quarterly Mar 2004 - Mar 2024
Brazil (%) -1.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) -1.6 Jun 2024 quarterly Sep 1999 - Jun 2024
Cambodia (%) 4.1 Mar 2024 quarterly Mar 2010 - Mar 2024
Canada (%) -1.1 Jun 2024 quarterly Mar 1957 - Jun 2024
Chile (%) -2.3 Jun 2024 quarterly Mar 1996 - Jun 2024
China (%) 1.2 Jun 2024 quarterly Mar 1998 - Jun 2024
Colombia (%) -1.6 Jun 2024 quarterly Mar 1996 - Jun 2024
Croatia (%) -15.1 Mar 2024 quarterly Mar 1995 - Mar 2024
Cyprus (%) -11.9 Mar 2024 quarterly Mar 2008 - Mar 2024
Czech Republic (%) -1.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (%) 12.3 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (%) 5.1 Mar 2024 quarterly Mar 1993 - Mar 2024
Egypt (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 2.8 Mar 2024 quarterly Mar 1999 - Mar 2024
Finland (%) -3.2 Jun 2024 quarterly Mar 1990 - Jun 2024
France (%) -2.3 Jun 2024 quarterly Mar 1997 - Jun 2024
Georgia (%) -4.9 Mar 2024 quarterly Mar 1996 - Mar 2024
Germany (%) 7.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 1.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Greece (%) -7.8 Mar 2024 quarterly Mar 2000 - Mar 2024
Hong Kong SAR, China (%) 12.8 Mar 2024 quarterly Mar 1999 - Mar 2024
Hungary (%) 4.7 Mar 2024 quarterly Mar 1995 - Mar 2024
Iceland (%) -2.7 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 0.6 Mar 2024 quarterly Jun 2004 - Mar 2024
Indonesia (%) 0.9 Mar 2023 quarterly Mar 1993 - Mar 2023
Iran (%) 0.6 2023 yearly 1997 - 2023
Ireland (%) 11.9 Mar 2024 quarterly Mar 1995 - Mar 2024
Israel (%) 5.1 Mar 2024 quarterly Mar 1995 - Mar 2024
Italy (%) 1.8 Jun 2024 quarterly Mar 1980 - Jun 2024
Ivory Coast (%) -6.3 2022 yearly 1975 - 2022
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (%) -8.8 Mar 2024 quarterly Mar 1992 - Mar 2024
Kazakhstan (%) -2.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Kenya (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
South Korea (USD mn) 8,361.5 Jul 2024 monthly Jan 1980 - Jul 2024
Kosovo (%) -14.1 Mar 2024 quarterly Mar 2010 - Mar 2024
Kuwait (%) 32.0 Dec 2023 quarterly Mar 2012 - Dec 2023
Kyrgyzstan (%) -60.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (%) 2.7 2023 yearly 1984 - 2023
Latvia (%) -1.7 Mar 2024 quarterly Mar 1995 - Mar 2024
Lebanon (%) -2.8 2021 yearly 2002 - 2021
Lithuania (%) 3.5 Jun 2024 quarterly Mar 1993 - Jun 2024
Luxembourg (%) 8.7 Mar 2024 quarterly Mar 1995 - Mar 2024
Macau SAR, China (%) 36.0 2023 yearly 2002 - 2023
North Macedonia (%) -6.0 Mar 2024 quarterly Mar 2000 - Mar 2024
Malawi (%) -14.2 2021 yearly 1977 - 2021
Malaysia (%) 0.6 Jun 2024 quarterly Mar 2000 - Jun 2024
Malta (%) -0.6 Mar 2024 quarterly Mar 1995 - Mar 2024
Mauritius (%) -4.9 Mar 2024 quarterly Mar 2007 - Mar 2024
Mexico (%) 0.7 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) -11.8 Mar 2024 quarterly Mar 1995 - Mar 2024
Mongolia (%) -5.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Montenegro (%) -32.2 Mar 2024 quarterly Mar 2010 - Mar 2024
Morocco (%) 0.9 Mar 2024 quarterly Mar 2014 - Mar 2024
Mozambique (%) -11.6 2023 yearly 1980 - 2023
Nepal (%) 3.9 2024 yearly 2001 - 2024
Netherlands (%) 10.4 Mar 2024 quarterly Mar 1987 - Mar 2024
New Zealand (%) -7.0 Mar 2024 quarterly Jun 1987 - Mar 2024
Nigeria (%) 5.8 Mar 2024 quarterly Mar 2014 - Mar 2024
Norway (%) 17.9 Jun 2024 quarterly Mar 1981 - Jun 2024
Oman (%) -4.9 2021 yearly 1980 - 2021
Pakistan (%) -0.2 2024 yearly 1977 - 2024
Palestinian Territory (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) 0.3 Mar 2024 quarterly Mar 2007 - Mar 2024
Paraguay (%) -1.7 Mar 2024 quarterly Mar 2000 - Mar 2024
Peru (%) 2.4 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Poland (%) 0.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Portugal (%) 1.8 Jun 2024 quarterly Mar 1996 - Jun 2024
Qatar (%) 13.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (%) -5.9 Mar 2024 quarterly Mar 1995 - Mar 2024
Russia (%) 4.7 Mar 2024 quarterly Mar 1994 - Mar 2024
Saudi Arabia (%) 2.8 Mar 2024 quarterly Mar 2006 - Mar 2024
Serbia (%) -2.4 Mar 2024 quarterly Mar 2007 - Mar 2024
Singapore (%) 19.2 Jun 2024 quarterly Mar 1986 - Jun 2024
Slovakia (%) 0.3 Mar 2024 quarterly Mar 1997 - Mar 2024
Slovenia (%) 4.4 Mar 2024 quarterly Mar 1995 - Mar 2024
South Africa (%) -1.2 Mar 2024 quarterly Mar 1960 - Mar 2024
Spain (%) 3.5 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 2.8 Mar 2024 quarterly Mar 2002 - Mar 2024
Sudan (%) -8.5 2021 yearly 1977 - 2021
Sweden (%) 7.5 Mar 2024 quarterly Mar 1980 - Mar 2024
Switzerland (%) 8.0 Mar 2024 quarterly Mar 1983 - Mar 2024

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Paraguay Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.5 Mar 2024 quarterly Dec 2003 - Mar 2024
Consolidated Fiscal Balance (USD mn) 36.081 Jul 2024 monthly Jan 2003 - Jul 2024
Tax Revenue (USD mn) 489.531 Jul 2024 monthly Jan 1998 - Jul 2024
Tax Revenue: % of GDP (%) 9.4 Mar 2024 quarterly Mar 1998 - Mar 2024
National Government Debt (USD mn) 13,433.8 2022 yearly 2003 - 2022
Government Debt: % of GDP (%) 35.7 Mar 2024 quarterly Dec 2014 - Mar 2024
Forecast: Government Expenditure (PYG bn) 103,623.599 2029 yearly 1980 - 2029
Forecast: Government Net Debt (PYG bn) 189,677.087 2029 yearly 1990 - 2029
Forecast: Government Revenue (PYG bn) 95,917.329 2029 yearly 1980 - 2029
Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) 715,276.789 Jul 2024 monthly Jan 2003 - Jul 2024
Central Government: Expenditure: Total (PYG mn) 4,471,184.299 Jul 2024 monthly Jan 2003 - Jul 2024
Central Government: Loan Net / Net Debt (PYG mn) -445,628.341 Jul 2024 monthly Jan 2003 - Jul 2024
Central Government: Revenue: Total (PYG mn) 4,740,832.746 Jul 2024 monthly Jan 2003 - Jul 2024
Central Government: Operating Balance (PYG mn) 269,648.448 Jul 2024 monthly Jan 2003 - Jul 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.724 2028 yearly 1980 - 2028
Trade Balance (USD mn) 23.5 Jul 2024 monthly Jan 1994 - Jul 2024
Total Exports (USD mn) 1,536.2 Jul 2024 monthly Jan 1994 - Jul 2024
Total Exports Growth (%) 8.4 Jul 2024 monthly Jan 1995 - Jul 2024
Aluminum: Exports (USD th) 9,008.252 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 70,176.502 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 14,511.739 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,512.7 Jul 2024 monthly Jan 1994 - Jul 2024
Total Imports Growth (%) 12.9 Jul 2024 monthly Jan 1995 - Jul 2024
Imports: Medicament (USD th) 219,155.393 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 235,760.563 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 28.351 May 2024 monthly Nov 1978 - May 2024
Total Imports from USA (USD mn) 272.548 Jun 2024 quarterly Mar 1994 - Jun 2024
Total Exports to China (USD mn) 20.529 2023 yearly 2000 - 2023
Total Imports from China (USD mn) 1,268.560 Jun 2024 quarterly Mar 2000 - Jun 2024
Exports: Fuels & Energy: Electric Power (USD th) 116,910.188 Jul 2024 monthly Jan 1994 - Jul 2024
Exports: Agricultural Products: Soybean Oil (USD th) 43,362.874 Jul 2024 monthly Jan 1994 - Jul 2024
Exports: Agricultural Products: Beef (USD th) 176,508.593 Jul 2024 monthly Jan 1994 - Jul 2024
Exports: Primary Products: Soy (USD th) 363,076.389 Jul 2024 monthly Jan 1994 - Jul 2024
Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) 60,981.785 Jul 2024 monthly Jan 1994 - Jul 2024
Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) 105,941.506 Jul 2024 monthly Jan 1994 - Jul 2024
Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) 112,495.176 Jul 2024 monthly Jan 1994 - Jul 2024
Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) 73,030.332 Jul 2024 monthly Jan 1994 - Jul 2024
Imports: Intermediate Goods: Chemicals (USD th) 196,379.017 Jul 2024 monthly Jan 1994 - Jul 2024
Imports: Capital Goods: MAM: Computers (USD th) 15,408.551 Jul 2024 monthly Jan 1994 - Jul 2024
Export Value Index (2015=100) 126.216 2021 yearly 1980 - 2021
Import Value Index (2015=100) 131.760 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 157.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Current Account Balance (USD mn) -202.9 Mar 2024 quarterly Mar 2008 - Mar 2024
Current Account Balance: % of GDP (%) -1.7 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Direct Investment (USD mn) 172.2 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Direct Investment: % of GDP (%) 1.9 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Portfolio Investment (USD mn) 875.200 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 0.0 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2024 quarterly Mar 2000 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 875.200 Mar 2024 quarterly Mar 2000 - Mar 2024
External Debt (USD mn) 21,762.3 Sep 2022 quarterly Mar 2008 - Sep 2022
External Debt: % of GDP (%) 55.7 2023 yearly 2000 - 2023
External Debt: Short Term (USD mn) 4,654.1 Dec 2021 quarterly Dec 2002 - Dec 2021
External Debt: Short Term: % of GDP (%) 11.6 2021 yearly 2002 - 2021
Forecast: Current Account Balance (USD bn) 0.785 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -15,859.981 Mar 2024 quarterly Mar 2001 - Mar 2024
BoP: Current Account: Services: Imports (USD mn) -318.600 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Goods: Imports (USD mn) -3,361.324 Sep 2018 quarterly Mar 2000 - Sep 2018
BoP: Current Account: Services: Exports (USD mn) 245.177 Sep 2018 quarterly Mar 2000 - Sep 2018
External Debt: Monetary Authority: Short Term (USD mn) 0.000 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Others: Short Term (USD mn) 4,126.020 Dec 2018 quarterly Dec 2002 - Dec 2018
External Debt: Banks: Short Term (USD mn) 514.311 Dec 2018 quarterly Dec 2002 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.9 Jul 2024 monthly Jan 1999 - Jul 2024
Money Supply M1 (USD mn) 5,485.107 May 2024 monthly Dec 1988 - May 2024
Money Supply M2 (USD mn) 10,207.619 May 2024 monthly Dec 1988 - May 2024
M2 Growth (%) 9.6 Jul 2024 monthly Dec 1989 - Jul 2024
Foreign Exchange Reserves (USD mn) 9,151.3 Aug 2024 monthly Dec 1956 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 21.343 Mar 2024 quarterly Dec 1994 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 6.1 Jul 2024 monthly Jan 1994 - Jul 2024
Gold Reserves (USD mn) 659.477 Aug 2024 monthly Dec 1956 - Aug 2024
Total Deposits (USD mn) 20,722.894 May 2024 monthly Jan 1994 - May 2024
Total Deposits Growth (%) 13.2 Jul 2024 monthly Jan 1995 - Jul 2024
Domestic Credit (USD mn) 20,538.0 Apr 2024 monthly Dec 2001 - Apr 2024
Domestic Credit Growth (%) 14.0 Apr 2024 monthly Dec 2002 - Apr 2024
Total Loans (USD mn) 20,287.901 May 2024 monthly Jan 2006 - May 2024
Total Loans Growth (%) 17.45 Jul 2024 monthly Jan 2007 - Jul 2024
Private Debt: % of Nominal GDP (%) 40.92 Sep 2023 quarterly Dec 1994 - Sep 2023
Monetary Aggregate: M2 (PYG mn) 77,618,598.247 Jul 2024 monthly Jan 1994 - Jul 2024
Monetary Aggregate: Monetary Base (PYG mn) 26,450,600.769 Jul 2024 monthly Jan 1994 - Jul 2024
Monetary Aggregate: M1 (PYG mn) 41,444,261.104 Jul 2024 monthly Jan 1994 - Jul 2024
Monetary Aggregate: M3 (PYG mn) 143,030,566.980 Jul 2024 monthly Jan 1994 - Jul 2024
International Reserves (USD mn) 10,310.956 Aug 2024 monthly Jan 1994 - Aug 2024
International Reserves: USD (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018

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