Goods and services expense in Paraguay
Paraguay: Goods and services expense was 9.54 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Paraguay, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Paraguay stood at 9.54 trillion current LCU. That is the highest value across all 20 years on record.
The figure is up 6.5% on the previous year and up 178.3% over ten years.
Over the whole period, goods and services expense in Paraguay peaked at 9.54 trillion current LCU in 2024 and was at its lowest, 1.14 trillion current LCU, in 2007.
Paraguay ranks 8th of 155 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Paraguay, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 1.21 trillion current LCU | — |
| 2006 | 1.30 trillion current LCU | +7.3% |
| 2007 | 1.14 trillion current LCU | -12.2% |
| 2008 | 1.21 trillion current LCU | +6.0% |
| 2009 | 1.78 trillion current LCU | +47.0% |
| 2010 | 1.95 trillion current LCU | +9.3% |
| 2011 | 2.57 trillion current LCU | +32.0% |
| 2012 | 2.80 trillion current LCU | +9.0% |
| 2013 | 2.29 trillion current LCU | -18.2% |
| 2014 | 3.43 trillion current LCU | +49.5% |
| 2015 | 3.48 trillion current LCU | +1.6% |
| 2016 | 3.93 trillion current LCU | +12.7% |
| 2017 | 4.15 trillion current LCU | +5.7% |
| 2018 | 4.66 trillion current LCU | +12.4% |
| 2019 | 5.08 trillion current LCU | +9.0% |
| 2020 | 5.37 trillion current LCU | +5.7% |
| 2021 | 7.56 trillion current LCU | +40.7% |
| 2022 | 6.84 trillion current LCU | -9.6% |
| 2023 | 8.96 trillion current LCU | +31.1% |
| 2024 | 9.54 trillion current LCU | +6.5% |
Paraguay compared with similar countries
- Paraguay's 9.54 trillion current LCU is above the median for upper middle income countries, which is 38.49 billion current LCU, 247.9× the median. (46 countries reporting)
- Paraguay's 9.54 trillion current LCU is above the median for Latin America & Caribbean, which is 14.98 billion current LCU, 637.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +49.5% | 2.29 trillion current LCU | 3.43 trillion current LCU |
| 2009 | +47.0% | 1.21 trillion current LCU | 1.78 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.33 trillion current LCU | 1.14 trillion current LCU | 1.78 trillion current LCU | 5 |
| 2010s | 3.44 trillion current LCU | 1.95 trillion current LCU | 5.08 trillion current LCU | 10 |
| 2020s | 7.66 trillion current LCU | 5.37 trillion current LCU | 9.54 trillion current LCU | 5 |
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 goods and services expense in Paraguay?
- Goods and services expense in Paraguay was 9.54 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Paraguay?
- The highest recorded value was 9.54 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Paraguay?
- The lowest recorded value was 1.14 trillion current LCU in 2007.
- How does Paraguay rank for goods and services expense?
- Paraguay ranks 8th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Paraguay?
- Over the last ten years it is up 178.3%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.