Expense in Paraguay
Paraguay: Expense was 59.57 trillion current LCU in 2023. ◆ Volatile
Expense in Paraguay, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Paraguay stood at 59.57 trillion current LCU. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 23.0% on the previous year and up 149.4% over ten years.
Over the whole period, expense in Paraguay peaked at 59.57 trillion current LCU in 2023 and was at its lowest, 8.15 trillion current LCU, in 2005.
That places Paraguay 9th out of 157 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Paraguay, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 8.15 trillion current LCU | — |
| 2006 | 9.36 trillion current LCU | +14.9% |
| 2007 | 10.32 trillion current LCU | +10.3% |
| 2008 | 11.61 trillion current LCU | +12.5% |
| 2009 | 13.96 trillion current LCU | +20.2% |
| 2010 | 15.28 trillion current LCU | +9.4% |
| 2011 | 18.51 trillion current LCU | +21.1% |
| 2012 | 23.12 trillion current LCU | +24.9% |
| 2013 | 23.89 trillion current LCU | +3.3% |
| 2014 | 25.23 trillion current LCU | +5.6% |
| 2015 | 27.95 trillion current LCU | +10.8% |
| 2016 | 31.56 trillion current LCU | +12.9% |
| 2017 | 31.70 trillion current LCU | +0.4% |
| 2018 | 37.19 trillion current LCU | +17.3% |
| 2019 | 48.17 trillion current LCU | +29.5% |
| 2020 | 44.32 trillion current LCU | -8.0% |
| 2021 | 45.30 trillion current LCU | +2.2% |
| 2022 | 48.44 trillion current LCU | +6.9% |
| 2023 | 59.57 trillion current LCU | +23.0% |
Paraguay compared with similar countries
- Paraguay's 59.57 trillion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 192.0× the median. (47 countries reporting)
- Paraguay's 59.57 trillion current LCU is above the median for Latin America & Caribbean, which is 110.36 billion current LCU, 539.8× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.68 trillion current LCU | 8.15 trillion current LCU | 13.96 trillion current LCU | 5 |
| 2010s | 28.26 trillion current LCU | 15.28 trillion current LCU | 48.17 trillion current LCU | 10 |
| 2020s | 49.41 trillion current LCU | 44.32 trillion current LCU | 59.57 trillion current LCU | 4 |
Countries ranked near Paraguay
More public sector data for Paraguay
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Paraguay?
- Expense in Paraguay was 59.57 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Paraguay?
- The highest recorded value was 59.57 trillion current LCU in 2023.
- What is the lowest expense recorded in Paraguay?
- The lowest recorded value was 8.15 trillion current LCU in 2005.
- How does Paraguay rank for expense?
- Paraguay ranks 9th out of 157 countries with data for 2023.
- Is expense rising or falling in Paraguay?
- Over the last ten years it is up 149.4%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.