Paraguay: Other manufacturing (% of value added in manufacturing)

Key figures

What the numbers say

In 2024, Paraguay's other manufacturing (% of value added in manufacturing) rose 0.4 percentage points on 2023 (from 39.19% to 39.59%).

Across the 30 yearly changes before that (1974 to 2023), the average change was +1.41 percentage points and a typical year strayed about 4.26 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 12.01 percentage points in 2015 and the biggest yearly fall was 7.21 percentage points in 2007. 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 there is no clear straight-line trend: a straight line explains 9% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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 11th highest value of the 21 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

• Australia — 7th of 21: 43.44%
• Türkiye — 8th of 21: 42.63%
• Macao SAR, China — 9th of 21: 40.08%
• Chile — 11th of 21: 38.33%
• United States — 12th of 21: 36.32%
• Argentina — 13th of 21: 35.98%

What this measures

Other manufacturing, a residual, covers wood and related products (ISIC Rev. 3 division 20), paper and related products (ISIC Rev. 3 divisions 21 and 22), petroleum and related products (ISIC Rev. 3 division 23), basic metals and mineral products (ISIC Rev. 3 division27), fabricated metal products and professional goods (ISIC Rev. 3 division 28), and other industries (ISIC Rev. 3 divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 43 values

Other manufacturing (% of value added in manufacturing) in nearby economies

• Argentina — 35.98% (2024)
• Bolivia — 36.64% (2019)
• Brazil — 45.27% (2023)
• Chile — 38.33% (2024)
• Colombia — 35.68% (2023)
• Costa Rica — 50.18% (2023)
• Ecuador — 34.06% (2023)
• Mexico — 34.21% (2024)
• Nicaragua — 13.61% (2024)
• Panama

More economic policy & debt data for Paraguay

• GDP (current US$) — US$49.28 billion (2025)
• GDP (current LCU) — 371.83 trillion (2025)
• GDP (constant 2015 US$) — US$49.29 billion (2025)
• GDP (constant LCU) — 252.51 trillion (2025)
• GDP per capita (current US$) — US$7,027 (2025)
• GDP per capita (current LCU) — 53.02 million (2025)
• GDP per capita (constant 2015 US$) — US$7,029 (2025)
• GDP per capita (constant LCU) — 36.01 million (2025)
• GNI (current US$) — US$47.35 billion (2025)
• GNI (current LCU) — 357.25 trillion (2025)
• GNI per capita (current LCU) — 50.94 million (2025)

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Questions people ask

What is Paraguay's other manufacturing (% of value added in manufacturing)?

39.59% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1963?

It is up 26.48 percentage points from 13.11% in 1963. The highest value was 46.15% in 1980 and the lowest 13.11% in 1963.

How does Paraguay rank?

11th highest of 21 economies with data for 2024.

Is the latest change in other manufacturing (% of value added in manufacturing) unusual for Paraguay?

In 2024, Paraguay's other manufacturing (% of value added in manufacturing) rose 0.4 percentage points on 2023 (from 39.19% to 39.59%). Across the 30 yearly changes before that (1974 to 2023), the average change was +1.41 percentage points and a typical year strayed about 4.26 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 NV.MNF.OTHR.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) 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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