Interest payments in Paraguay
Paraguay: Interest payments was 8.8% in 2023. ▲ Rising
Interest payments in Paraguay, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Paraguay stood at 8.8%. That is the highest value across all 19 years on record.
The figure is up 17.4% on the previous year and up 403.0% over ten years.
Over the whole period, interest payments in Paraguay peaked at 8.8% in 2023 and was at its lowest, 1.1%, in 2012.
That places Paraguay 62nd out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.8% | 3.1% | 6.6% | 5 |
| 2010s | 2.8% | 1.1% | 4.2% | 10 |
| 2020s | 7.1% | 5.8% | 8.8% | 4 |
Countries ranked near Paraguay
- 59 Maldives 8.8% compare
- 60 Saint Vincent and the Grenadines 8.8% compare
- 61 Cape Verde 8.8% compare
- 63 Kazakhstan 8.7% compare
- 64 Mali 8.5% compare
- 65 Mauritius 8.4% compare
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Tax revenue 11.3% (2024)
- Taxes on income, profits and capital gains 16.5% (2024)
- Taxes on goods and services 36.1% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 10.3% (2024)
- Grants and other revenue 19.9% (2024)
- Other taxes 1.2% (2024)
- Compensation of employees 41.5% (2023)
Frequently asked questions
- What is interest payments in Paraguay?
- Interest payments in Paraguay was 8.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Paraguay?
- The highest recorded value was 8.8% in 2023.
- What is the lowest interest payments recorded in Paraguay?
- The lowest recorded value was 1.1% in 2012.
- How does Paraguay rank for interest payments?
- Paraguay ranks 62nd out of 152 countries with data for 2023.
- Is interest payments rising or falling in Paraguay?
- Over the last ten years it is up 403.0%. 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 Interest payments (% 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
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.