Social contributions (% of revenue) in Paraguay
Paraguay: Social contributions (% of revenue) was 20.6% in 2024. ▲ Rising
Social contributions in Paraguay, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in Paraguay stood at 20.6%.
The figure is down 10.2% on the previous year and down 12.3% over ten years.
Over the whole period, social contributions in Paraguay peaked at 23.7% in 2022 and was at its lowest, 15.2%, in 2005.
Paraguay ranks 43rd of 112 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Social contributions (% of revenue) in Paraguay, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2005 | 15.2% | — |
| 2006 | 15.3% | +0.3% |
| 2007 | 16.3% | +6.8% |
| 2008 | 16.8% | +3.1% |
| 2009 | 17.5% | +4.3% |
| 2010 | 17.1% | -2.3% |
| 2011 | 17.6% | +2.4% |
| 2012 | 19.4% | +10.4% |
| 2013 | 20.9% | +8.0% |
| 2014 | 23.5% | +12.4% |
| 2015 | 22.5% | -4.4% |
| 2016 | 19.2% | -14.7% |
| 2017 | 22.0% | +14.7% |
| 2018 | 20.5% | -6.7% |
| 2019 | 17.6% | -14.4% |
| 2020 | 22.7% | +29.2% |
| 2021 | 23.2% | +2.1% |
| 2022 | 23.7% | +2.3% |
| 2023 | 23.0% | -3.2% |
| 2024 | 20.6% | -10.2% |
Paraguay compared with similar countries
- Paraguay's 20.6% is above the median for upper middle income countries, which is 13.1%, 1.6× the median. (37 countries reporting)
- Paraguay's 20.6% is above the median for Latin America & Caribbean, which is 11.0%, 1.9× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.2% | 15.2% | 17.5% | 5 |
| 2010s | 20.0% | 17.1% | 23.5% | 10 |
| 2020s | 22.6% | 20.6% | 23.7% | 5 |
Countries ranked near Paraguay
More public sector data for Paraguay
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- Elected parliament, 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)
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- Arms imports (SIPRI trend indicator values), per capita 0.748 SIPRI trend indicator values per person (2021)
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Frequently asked questions
- What is social contributions in Paraguay?
- Social contributions in Paraguay was 20.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Paraguay?
- The highest recorded value was 23.7% in 2022.
- What is the lowest social contributions recorded in Paraguay?
- The lowest recorded value was 15.2% in 2005.
- How does Paraguay rank for social contributions?
- Paraguay ranks 43rd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Paraguay?
- Over the last ten years it is down 12.3%. 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.