Paraguay
Government debt in Paraguay
Government debt in Paraguay: 67% of GDP in 1990 and 38.2% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 38.2% of GDP
- Since 1990
- −28.8 percentage points
- Rank, 2025
- 110 of 149
- counting from the highest
- Projected, 2031
- 35.9% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 35.9% of GDP in 2031.
- The highest was 67% of GDP in 1990, the lowest 11.1% of GDP in 2011.
Every year
% of GDP · IMF
| Year | Paraguay |
|---|---|
| 2025 | 38.2 |
| 2024 | 44.6 |
| 2023 | 41 |
| 2022 | 40.6 |
| 2021 | 37.5 |
| 2020 | 36.9 |
| 2019 | 25.8 |
| 2018 | 22.3 |
| 2017 | 19.9 |
| 2016 | 19.4 |
| 2015 | 18.6 |
| 2014 | 15.6 |
| 2013 | 13.5 |
| 2012 | 12.3 |
| 2011 | 11.1 |
| 2010 | 13 |
| 2009 | 14.9 |
| 2008 | 16 |
| 2007 | 16.8 |
| 2006 | 21 |
| 2005 | 28.3 |
| 2004 | 36.1 |
| 2003 | 37.5 |
| 2002 | 50.5 |
| 2001 | 37.1 |
| 2000 | 33.6 |
| 1999 | 32 |
| 1998 | 22.1 |
| 1997 | 18 |
| 1996 | 16.8 |
| 1995 | 17.6 |
| 1994 | 18.7 |
| 1993 | 26.6 |
| 1992 | 34.4 |
| 1991 | 49.4 |
| 1990 | 67 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Paraguay |
|---|---|
| 2026 | 36.6 |
| 2027 | 37.9 |
| 2028 | 37.1 |
| 2029 | 36.6 |
| 2030 | 36.3 |
| 2031 | 35.9 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- 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 149 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
Paraguay in numbers
Every measure for Paraguay on one page
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Military
- Military spending0.88% of GDP in 2025
- Military spending in US dollars$406M in 2025
- Military spending per person$60 in 2025
- Military share of state spending4.3% of government spending in 2025
- Armed forces personnel29,000 people in 2020
- National power0.04% of world capability in 2022
- Armed forces, share of workers0.88% of the labour force in 2020
- Arms imports24 million TIV in 2025