Vertical fiscal imbalance, Percent (Central government) in Paraguay
Paraguay: Vertical fiscal imbalance, Percent (Central government) was 0.2908 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Paraguay, 2005–2020
Source: International Monetary Fund.
Analysis
The most recent figure for vertical fiscal imbalance, percent in Paraguay is 0.2908, measured in 2020. That is the highest value across all 16 years on record.
The figure is up 121.0% on the previous year and up 348.1% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Paraguay peaked at 0.2908 in 2020 and was at its lowest, -0.2177, in 2008.
That places Paraguay 6th out of 64 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent (Central government) in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -0.108 | — |
| 2006 | -0.0904 | -16.2% |
| 2007 | -0.1169 | +29.3% |
| 2008 | -0.2177 | +86.3% |
| 2009 | -0.0564 | -74.1% |
| 2010 | -0.1172 | +107.8% |
| 2011 | -0.0905 | -22.8% |
| 2012 | 0.0236 | -126.1% |
| 2013 | 0.0485 | +105.6% |
| 2014 | 0.0072 | -85.2% |
| 2015 | 0.0383 | +433.1% |
| 2016 | 0.0064 | -83.2% |
| 2017 | 0.0256 | +298.3% |
| 2018 | 0.0406 | +58.9% |
| 2019 | 0.1316 | +223.8% |
| 2020 | 0.2908 | +121.0% |
Paraguay compared with similar countries
- Paraguay's 0.2908 is above the median for upper middle income countries, which is -0.0208. (26 countries reporting)
- Paraguay's 0.2908 is above the median for Latin America & Caribbean, which is 0.1454, 2.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.1179 | -0.2177 | -0.0564 | 5 |
| 2010s | 0.0114 | -0.1172 | 0.1316 | 10 |
| 2020s | 0.2908 | 0.2908 | 0.2908 | 1 |
Countries ranked near Paraguay
More public sector data for Paraguay
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Frequently asked questions
- What is vertical fiscal imbalance, percent in Paraguay?
- Vertical fiscal imbalance, percent in Paraguay was 0.2908 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Paraguay?
- The highest recorded value was 0.2908 in 2020.
- What is the lowest vertical fiscal imbalance, percent recorded in Paraguay?
- The lowest recorded value was -0.2177 in 2008.
- How does Paraguay rank for vertical fiscal imbalance, percent?
- Paraguay ranks 6th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Paraguay?
- Over the last ten years it is up 348.1%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, Percent (Central government). Statizoid updates them automatically from the source API.
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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.