Taxes on goods and services, Ratio of this level of government's in Paraguay
Paraguay: Taxes on goods and services, Ratio of this level of government's was 0.9735 in 2020. ▬ Flat
Taxes on goods and services, Ratio of this level of government's in Paraguay, 2005–2020
Source: International Monetary Fund.
Analysis
In 2020, taxes on goods and services, ratio of this level of government's in Paraguay stood at 0.9735.
That represents a change of down 1.1% over ten years.
Over the whole period, taxes on goods and services, ratio of this level of government's in Paraguay peaked at 1 in 2014 and was at its lowest, 0.96, in 2015.
That places Paraguay 41st out of 80 countries with data for 2020, putting it in the middle of the range.
Taxes on goods and services, Ratio of this level of government's in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.9704 | — |
| 2006 | 0.9724 | +0.2% |
| 2007 | 0.9733 | +0.1% |
| 2008 | 0.9742 | +0.1% |
| 2009 | 0.9795 | +0.5% |
| 2010 | 0.9841 | +0.5% |
| 2011 | 0.972 | -1.2% |
| 2012 | 0.9708 | -0.1% |
| 2013 | 0.9995 | +3.0% |
| 2014 | 1 | +0.1% |
| 2015 | 0.96 | -4.0% |
| 2016 | 0.9624 | +0.3% |
| 2017 | 0.9666 | +0.4% |
| 2018 | 0.967 | +0.0% |
| 2019 | 0.9734 | +0.7% |
| 2020 | 0.9735 | +0.0% |
Paraguay compared with similar countries
- Paraguay's 0.9735 is above the median for upper middle income countries, which is 0.9674, 1.0× the median. (28 countries reporting)
- Paraguay's 0.9735 is above the median for Latin America & Caribbean, which is 0.9719, 1.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.974 | 0.9704 | 0.9795 | 5 |
| 2010s | 0.9756 | 0.96 | 1 | 10 |
| 2020s | 0.9735 | 0.9735 | 0.9735 | 1 |
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 taxes on goods and services, ratio of this level of government's in Paraguay?
- Taxes on goods and services, ratio of this level of government's in Paraguay was 0.9735 in 2020, according to International Monetary Fund.
- What is the highest taxes on goods and services, ratio of this level of government's recorded in Paraguay?
- The highest recorded value was 1 in 2014.
- What is the lowest taxes on goods and services, ratio of this level of government's recorded in Paraguay?
- The lowest recorded value was 0.96 in 2015.
- How does Paraguay rank for taxes on goods and services, ratio of this level of government's?
- Paraguay ranks 41st out of 80 countries with data for 2020.
- Is taxes on goods and services, ratio of this level of government's rising or falling in Paraguay?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
- Where does this Paraguay data come from?
- The figures come from International Monetary Fund, published as part of Taxes on goods and services, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.