Paraguay's services, value added (constant LCU) was 123.5 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 40.35% from 87.99 trillion in 2015 (3.45% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 123.5 trillion | 2025 |
| Five years earlier | 98.73 trillion | 2020 |
| Ten years earlier | 87.99 trillion | 2015 |
| Highest | 123.5 trillion | 2025 |
| Lowest | 8.09 trillion | 1962 |
| Average since 2016 | 104.74 trillion | 2016–2025 |
| First recorded | 8.09 trillion |
What the numbers say
In 2025, Paraguay's services, value added (constant LCU) rose 6.3% on 2024 (from 116.21 trillion to 123.5 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.3% and a typical year strayed about 2.6% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 11.1% in 1979 and the biggest yearly fall was 3.1% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 3.15 trillion a year. A straight line explains 92% 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.
A straight-line projection, tested first
Extending that straight line gives about 128.1 trillion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 3.21 trillion, against 10.48 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Paraguay had the 9th highest value of the 161 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 2025 ranking
What this measures
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 64 values
| Year | Services, value added (constant LCU) |
|---|---|
| 2025 | 123,495,756,993,800 |
| 2024 | 116,206,108,294,000 |
| 2023 | 110,578,946,263,700 |
| 2022 | 106,277,285,594,900 |
| 2021 | 105,140,210,314,500 |
| 2020 | 98,726,638,501,700 |
| 2019 | 101,855,519,975,900 |
| 2018 | 99,457,975,232,100 |
| 2017 | 95,189,639,937,600 |
| 2016 | 90,464,274,308,500 |
Services, value added (constant LCU) in nearby economies
- Antigua and Barbuda — 3.3 billion (2025)
- Argentina — 382.3 billion (2025)
- Aruba — 4.33 billion (2023)
- Bahamas, The — 10.63 billion (2024)
- Barbados — 11.28 billion (2024)
- Belize — 3.42 billion (2025)
- Bolivia — 180.62 billion (2024)
- Brazil — 2.81 trillion (2025)
- Cayman Islands — 4.57 billion (2024)
- Chile — 134.03 trillion (2025)
- Colombia
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)
Reading data like this
Questions people ask
- What is Paraguay's services, value added (constant LCU)?
- 123.5 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1962?
- It is up 1,427% from 8.09 trillion in 1962 (4.42% a year on average, compounded). The highest value was 123.5 trillion in 2025 and the lowest 8.09 trillion in 1962.
Source
World Bank, World Development Indicators, indicator NV.SRV.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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