Paraguay: Interest payments (current LCU)

Key figures

What the numbers say

In 2024, Paraguay's interest payments (current LCU) rose 27.2% on 2023 (from 5.22 trillion to 6.64 trillion).

Across the 18 yearly changes before that (2006 to 2023), the average change was +16.1% and a typical year strayed about 25.8% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 69.6% in 2015 and the biggest yearly fall was 20.3% in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 586.03 billion a year. A straight line explains 88% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Paraguay had the 6th highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Paraguay in the 2024 ranking

• Korea, Rep. — 2nd of 86: 35.54 trillion
• Lebanon — 3rd of 86: 16.95 trillion
• Argentina — 4th of 86: 8.35 trillion
• Uganda — 6th of 86: 6.22 trillion
• Angola — 7th of 86: 4.78 trillion
• Tanzania — 8th of 86: 4.23 trillion

What this measures

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 20 values

Interest payments (current LCU) in nearby economies

• Argentina — 8.35 trillion (2024)
• Bahamas, The — 613.16 million (2024)
• Barbados — 736.15 million (2016)
• Belize — 104.67 million (2017)
• Brazil — 937.68 billion (2024)
• Chile — 3.55 trillion (2024)
• Colombia — 70.16 trillion (2024)
• Costa Rica — 2.37 trillion (2024)
• Dominican Republic — 250.73 billion (2024)
• Ecuador — 1.68 billion (2022)
• El Salvador

More public sector data for Paraguay

• Military expenditure (current USD) — 421.1 million (2025)
• Military expenditure (current LCU) — 3.19 trillion (2025)
• Military expenditure (% of GDP) — 0.88% (2025)
• Arms imports (SIPRI trend indicator values) — 24 million (2025)
• Military expenditure (% of general government expenditure) — 4.31% (2025)
• Armed forces personnel, total — 29,000 (2020)
• Armed forces personnel (% of total labor force) — 0.88% (2020)
• Intentional homicides (per 100,000 people) — 6.78 (2023)
• Statistical performance indicators (SPI): Pillar 1 data use score (scale 0-100) — 70 (2024)

Reading data like this

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Questions people ask

What is Paraguay's interest payments (current LCU)?

6.64 trillion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 1,130% from 539.7 billion in 2005 (14.12% a year on average, compounded). The highest value was 6.64 trillion in 2024 and the lowest 259.3 billion in 2012.

How does Paraguay rank?

6th highest of 86 economies with data for 2024.

Is the latest change in interest payments (current LCU) unusual for Paraguay?

In 2024, Paraguay's interest payments (current LCU) rose 27.2% on 2023 (from 5.22 trillion to 6.64 trillion). Across the 18 yearly changes before that (2006 to 2023), the average change was +16.1% and a typical year strayed about 25.8% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.XPN.INTP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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