Goods and services expense in Paraguay
Paraguay: Goods and services expense was 15.0% in 2023. ▲ Rising
Goods and services expense in Paraguay, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Paraguay is 15.0%, measured in 2023.
That represents a change of up 6.6% on the previous year and up 56.8% over ten years.
Over the whole period, goods and services expense in Paraguay peaked at 16.7% in 2021 and was at its lowest, 9.6%, in 2013.
Paraguay ranks 75th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Goods and services expense in Paraguay, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 14.9% | — |
| 2006 | 13.9% | -6.6% |
| 2007 | 11.1% | -20.4% |
| 2008 | 10.4% | -5.8% |
| 2009 | 12.8% | +22.3% |
| 2010 | 12.8% | -0.2% |
| 2011 | 13.9% | +9.0% |
| 2012 | 12.1% | -12.8% |
| 2013 | 9.6% | -20.9% |
| 2014 | 13.6% | +41.6% |
| 2015 | 12.5% | -8.3% |
| 2016 | 12.4% | -0.2% |
| 2017 | 13.1% | +5.2% |
| 2018 | 12.5% | -4.2% |
| 2019 | 10.6% | -15.8% |
| 2020 | 12.1% | +14.9% |
| 2021 | 16.7% | +37.6% |
| 2022 | 14.1% | -15.4% |
| 2023 | 15.0% | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.6% | 10.4% | 14.9% | 5 |
| 2010s | 12.3% | 9.6% | 13.9% | 10 |
| 2020s | 14.5% | 12.1% | 16.7% | 4 |
Countries ranked near Paraguay
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0.748 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 59.74 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0093 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 413.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.58 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is goods and services expense in Paraguay?
- Goods and services expense in Paraguay was 15.0% in 2023, 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 16.7% in 2021.
- What is the lowest goods and services expense recorded in Paraguay?
- The lowest recorded value was 9.6% in 2013.
- How does Paraguay rank for goods and services expense?
- Paraguay ranks 75th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Paraguay?
- Over the last ten years it is up 56.8%. The long-run trend across the full record is rising.
- 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 (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.