Taxes on international trade in Paraguay
Paraguay: Taxes on international trade was 5.7% in 2024. ▼ Falling
Taxes on international trade in Paraguay, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on international trade in Paraguay stood at 5.7%.
Compared with earlier readings it is up 8.2% on the previous year and down 8.4% over ten years.
Over the whole period, taxes on international trade in Paraguay peaked at 8.4% in 2005 and was at its lowest, 4.4%, in 2016.
Paraguay ranks 61st of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Taxes on international trade in Paraguay, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2005 | 8.4% | — |
| 2006 | 8.2% | -2.3% |
| 2007 | 6.6% | -19.8% |
| 2008 | 7.0% | +6.5% |
| 2009 | 5.9% | -15.2% |
| 2010 | 7.9% | +33.3% |
| 2011 | 7.5% | -5.1% |
| 2012 | 6.6% | -12.6% |
| 2013 | 6.2% | -6.2% |
| 2014 | 6.2% | +1.2% |
| 2015 | 5.3% | -14.8% |
| 2016 | 4.4% | -16.2% |
| 2017 | 6.0% | +34.8% |
| 2018 | 6.3% | +4.5% |
| 2019 | 4.8% | -22.7% |
| 2020 | 5.0% | +3.9% |
| 2021 | 5.4% | +8.0% |
| 2022 | 5.7% | +5.4% |
| 2023 | 5.3% | -7.9% |
| 2024 | 5.7% | +8.2% |
Paraguay compared with similar countries
- Paraguay's 5.7% is above the median for upper middle income countries, which is 4.5%, 1.3× the median. (48 countries reporting)
- Paraguay's 5.7% is above the median for Latin America & Caribbean, which is 4.7%, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.2% | 5.9% | 8.4% | 5 |
| 2010s | 6.1% | 4.4% | 7.9% | 10 |
| 2020s | 5.4% | 5.0% | 5.7% | 5 |
Countries ranked near Paraguay
- 58 Iran, Islamic Republic of 6.0% compare
- 59 Trinidad and Tobago 6.0% compare
- 60 Tunisia 5.9% compare
- 62 India 5.5% compare
- 63 Dominican Republic 5.5% compare
- 64 Marshall Islands 5.4% compare
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 taxes on international trade in Paraguay?
- Taxes on international trade in Paraguay was 5.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Paraguay?
- The highest recorded value was 8.4% in 2005.
- What is the lowest taxes on international trade recorded in Paraguay?
- The lowest recorded value was 4.4% in 2016.
- How does Paraguay rank for taxes on international trade?
- Paraguay ranks 61st out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Paraguay?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is falling.
- 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 Taxes on international trade (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.