Argentina vs Paraguay
Argentina vs Paraguay: GDP growth
GDP growth in 2025: 4.5% a year in Argentina and 6.6% a year in Paraguay, by IMF estimates. In 2025 the value was higher in Paraguay, by 2.2 percentage points, or 1.48 times that in Argentina.
% a year · IMF
What the numbers say
- Paraguay has been higher since 2023, when it overtook Argentina.
- In 2025, Argentina ranked 46 and Paraguay ranked 20 of 143 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Argentina at 3% a year and Paraguay at 3.8% a year in 2031.
Every year
% a year · IMF
| Year | Argentina | Paraguay |
|---|---|---|
| 2025 | 4.5 | 6.6 |
| 2024 | -1.4 | 4.7 |
| 2023 | -1.9 | 5.3 |
| 2022 | 6 | -0 |
| 2021 | 10.4 | 4 |
| 2020 | -9.9 | -0.8 |
| 2019 | -2 | -0.4 |
| 2018 | -2.6 | 3.2 |
| 2017 | 2.8 | 4.8 |
| 2016 | -2.1 | 4.3 |
| 2015 | 2.7 | 3 |
| 2014 | -2.5 | 5.3 |
| 2013 | 2.4 | 8.3 |
| 2012 | -1 | -0.7 |
| 2011 | 6 | 4.3 |
| 2010 | 10.1 | 11.1 |
| 2009 | -5.9 | -0.3 |
| 2008 | 4.1 | 6.5 |
| 2007 | 9 | 5.4 |
| 2006 | 8 | 4.8 |
| 2005 | 8.9 | 2.1 |
| 2004 | 8.9 | 4.1 |
| 2003 | 9 | 4.3 |
| 2002 | -10.9 | -0 |
| 2001 | -4.4 | -0.8 |
| 2000 | -0.8 | -2.3 |
| 1999 | -3.4 | -1.4 |
| 1998 | 3.9 | 0.1 |
| 1997 | 8.1 | 4.2 |
| 1996 | 5.5 | 1.6 |
| 1995 | -2.8 | 6.8 |
| 1994 | 5.8 | 5.3 |
| 1993 | 6.3 | 4.9 |
| 1992 | 10.3 | 1.7 |
| 1991 | 10.5 | 3.5 |
| 1990 | -1.3 | 4.1 |
| 1989 | -7 | 5.8 |
| 1988 | -2 | 5.9 |
| 1987 | 2.5 | 4.1 |
| 1986 | 7.1 | 0.3 |
| 1985 | -7 | 3.9 |
| 1984 | 2 | 2.8 |
| 1983 | 3.7 | -3 |
| 1982 | -3.1 | -1.4 |
| 1981 | -5.7 | 9.2 |
| 1980 | 0.7 | 11.7 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Argentina | Paraguay |
|---|---|---|
| 2026 | 2.1 | 4.5 |
| 2027 | 3.5 | 4 |
| 2028 | 4.2 | 3.8 |
| 2029 | 3.8 | 3.8 |
| 2030 | 3.3 | 3.8 |
| 2031 | 3 | 3.8 |
Each country on its own
Good to know
- How much the economy grew or shrank in a year, after inflation.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 143 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Argentina vs Paraguay
Health
- Life expectancyArgentina: 77.4 years in 2023Paraguay: 73.8 years in 2023
- Child mortalityArgentina: 1 per 100 live births in 2024Paraguay: 1.6 per 100 live births in 2024
- Infant mortalityArgentina: 9 per 1,000 live births in 2023Paraguay: 14 per 1,000 live births in 2023
- DepressionArgentina: 3.67% in 2017Paraguay: 2.96% in 2017
- Suicide rateArgentina: 10.6 per 100,000 people in 2017Paraguay: 5.8 per 100,000 people in 2017
People
- PopulationArgentina: 45.5 million people in 2023Paraguay: 6.84 million people in 2023
- Population growthArgentina: 0.35% a year in 2023Paraguay: 1.25% a year in 2023
- Fertility rateArgentina: 1.5 births per woman in 2023Paraguay: 2.42 births per woman in 2023
- Urban populationArgentina: 92.4% in 2025Paraguay: 70.4% in 2025
- Median ageArgentina: 32.1 years in 2023Paraguay: 26.3 years in 2023
- People aged 65 and overArgentina: 12.2% in 2023Paraguay: 6.4% in 2023
- Net migration rateArgentina: 0.1 per 1,000 people in 2023Paraguay: -1.8 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingArgentina: 0.56% of GDP in 2025Paraguay: 0.88% of GDP in 2025
- Military spending in US dollarsArgentina: $3.73B in 2025Paraguay: $406M in 2025
- Military spending per personArgentina: $85 in 2025Paraguay: $60 in 2025
- Military share of state spendingArgentina: 1.8% of government spending in 2025Paraguay: 4.3% of government spending in 2025
- Armed forces personnelArgentina: 103,000 people in 2020Paraguay: 29,000 people in 2020
- National powerArgentina: 0.45% of world capability in 2022Paraguay: 0.04% of world capability in 2022
- Armed forces, share of workersArgentina: 0.53% of the labour force in 2020Paraguay: 0.88% of the labour force in 2020
- Arms importsArgentina: 108 million TIV in 2025Paraguay: 24 million TIV in 2025