Paraguay - GDP per capita (current US$) 1965 - 2022
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Paraguay's gdp per capita (current us$) for 2022 was $6,153.06, a 3.25% increase from 2021, with a +$193 difference.
- In 2021 it was $5,959.44, a 11.32% increase from 2020, with a +$606 difference.
- In 2020 it was $5,353.35, a -7.83% increase from 2019.
- In 2019 it was $5,807.84, a -6.97% increase from 2018.
- In 2018 it was $6,242.96, a 1.74% increase from 2017.
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Paraguay is currently $2,381.30 (average of years with recorded data) with a lowest recorded value of $206.98 in 1965 and a highest value of $6,629.43 in 2014.For comparison, the world wide [World Bank] aggregate for 1965 was $599.15 and in 2014 it was $10,898.72. Essentially, in 1965, Paraguay contributed 34.55% to the world wide aggregate. While in 2014 it contributed 60.83% to the aggregate, recording a 76.07% increase in amounts contributed within the 49-year period. Nonetheless, the country recorded a 3,102.95% increase in gdp per capita (current us$) within the same period.
Similarly, from 1965 (when the lowest value was recorded) to 2022, Paraguay recorded a 2,872.79% increase in gdp per capita (current us$). The world aggregate recorded a 2,010.90% growth in the same period.

Year | GDP per capita (current US$) | Average Growth Rate (%) |
---|---|---|
1965 | $206.98 | |
1966 | $212.16 | 2.50% |
1967 | $219.08 | 3.26% |
1968 | $224.88 | 2.65% |
1969 | $236.21 | 5.04% |
1970 | $246.85 | 4.51% |
1971 | $269.74 | 9.27% |
1972 | $304.99 | 13.07% |
1973 | $385.39 | 26.36% |
1974 | $503.56 | 30.66% |
1975 | $556.76 | 10.56% |
1976 | $610.56 | 9.66% |
1977 | $733.47 | 20.13% |
1978 | $875.35 | 19.34% |
1979 | $1,139.15 | 30.14% |
1980 | $1,444.69 | 26.82% |
1981 | $1,778.05 | 23.07% |
1982 | $1,666.65 | -6.27% |
1983 | $1,696.91 | 1.82% |
1984 | $1,309.66 | -22.82% |
1985 | $928.43 | -29.11% |
1986 | $1,024.19 | 10.31% |
1987 | $1,062.05 | 3.70% |
1988 | $1,106.97 | 4.23% |
1989 | $1,204.10 | 8.77% |
1990 | $1,431.84 | 18.91% |
1991 | $1,675.71 | 17.03% |
1992 | $1,673.45 | -0.14% |
1993 | $1,652.80 | -1.23% |
1994 | $1,750.94 | 5.94% |
1995 | $1,968.35 | 12.42% |
1996 | $2,077.48 | 5.54% |
1997 | $2,068.21 | -0.45% |
1998 | $1,880.89 | -9.06% |
1999 | $1,758.26 | -6.52% |
2000 | $1,728.34 | -1.70% |
2001 | $1,630.19 | -5.68% |
2002 | $1,361.25 | -16.50% |
2003 | $1,436.76 | 5.55% |
2004 | $1,776.93 | 23.68% |
2005 | $1,960.51 | 10.33% |
2006 | $2,426.42 | 23.76% |
2007 | $3,194.26 | 31.65% |
2008 | $4,360.43 | 36.51% |
2009 | $3,920.19 | -10.10% |
2010 | $4,702.92 | 19.97% |
2011 | $5,773.00 | 22.75% |
2012 | $5,621.24 | -2.63% |
2013 | $6,435.83 | 14.49% |
2014 | $6,629.43 | 3.01% |
2015 | $5,861.39 | -11.59% |
2016 | $5,759.02 | -1.75% |
2017 | $6,136.06 | 6.55% |
2018 | $6,242.96 | 1.74% |
2019 | $5,807.84 | -6.97% |
2020 | $5,353.35 | -7.83% |
2021 | $5,959.44 | 11.32% |
2022 | $6,153.06 | 3.25% |
Comparison with Countries in the Latin America & Caribbean Region.
Among countries in the same World Bank Latin America & Caribbean (LAC) region, Paraguay comes in 33rd with $6,153.06 gdp per capita (current us$).
- Within the same region, Dominican Republic comes in 23rd with $10,120.60, gdp per capita (current us$).
- Grenada comes in 24th with $10,016.20.
- Cuba comes in 25th with $9,499.59.
- St. Vincent and the Grenadines comes in 26th with $9,125.32.
- Brazil comes in 27th with $8,917.67.
- Dominica comes in 28th with $8,414.54.
- Peru comes in 29th with $7,125.83.
- Belize comes in 30th with $6,968.36.
- Colombia comes in 31st with $6,630.28.
- Ecuador comes in 32nd with $6,391.28.
- Jamaica comes in 34th with $6,047.22.
- Suriname comes in 35th with $5,858.29.
- Guatemala comes in 36th with $5,473.21.
- El Salvador comes in 37th with $5,127.32.
- Bolivia comes in 38th with $3,523.27.
- Honduras comes in 39th with $3,040.17.
- Nicaragua comes in 40th with $2,255.43.
- And Haiti comes in 41st with $1,748.26, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Latin America & Caribbean Region.
# | Country | GDP per capita (current US$) | Year |
---|---|---|---|
1 | Cayman Islands | $88,475.60 | 2021 |
2 | Virgin Islands (U.S.) | $39,552.20 | 2020 |
3 | Sint Maarten (Dutch part) | $36,220.30 | 2022 |
4 | Puerto Rico | $35,208.60 | 2022 |
5 | Bahamas, The | $31,458.30 | 2022 |
6 | Aruba | $29,342.10 | 2021 |
7 | Turks and Caicos Islands | $24,917.60 | 2022 |
8 | St. Martin (French part) | $21,920.00 | 2014 |
9 | Uruguay | $20,795.00 | 2022 |
10 | St. Kitts and Nevis | $20,176.70 | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Paraguay comes in 42nd with $6,153.06 gdp per capita (current us$).
- Within the same income group, Belize comes in 32nd with $6,968.36, gdp per capita (current us$).
- Thailand comes in 33rd with $6,908.80.
- Albania comes in 34th with $6,802.80.
- South Africa comes in 35th with $6,776.48.
- Marshall Islands comes in 36th with $6,727.80.
- Libya comes in 37th with $6,716.10.
- Colombia comes in 38th with $6,630.28.
- Georgia comes in 39th with $6,627.71.
- North Macedonia comes in 40th with $6,591.47.
- Ecuador comes in 41st with $6,391.28.
- Jamaica comes in 43rd with $6,047.22.
- Iraq comes in 44th with $5,937.20.
- Suriname comes in 45th with $5,858.29.
- Moldova comes in 46th with $5,562.61.
- Guatemala comes in 47th with $5,473.21.
- Kosovo comes in 48th with $5,351.44.
- Tuvalu comes in 49th with $5,334.99.
- Fiji comes in 50th with $5,316.66.
- El Salvador comes in 51st with $5,127.32.
- And Namibia comes in 52nd with $4,911.33, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Upper middle income Group.
# | Country | GDP per capita (current US$) | Year |
---|---|---|---|
1 | Venezuela, RB | $15,975.70 | 2014 |
2 | Russian Federation | $15,345.10 | 2022 |
3 | Bulgaria | $13,772.50 | 2022 |
4 | Argentina | $13,686.00 | 2022 |
5 | Costa Rica | $13,198.80 | 2022 |
6 | China | $12,720.20 | 2022 |
7 | Palau | $12,083.90 | 2021 |
8 | Malaysia | $11,971.90 | 2022 |
9 | Maldives | $11,817.50 | 2022 |
10 | St. Lucia | $11,481.50 | 2022 |
11 | Kazakhstan | $11,243.70 | 2022 |
12 | Mexico | $11,091.30 | 2022 |
13 | Turkiye | $10,616.10 | 2022 |
14 | Mauritius | $10,216.30 | 2022 |