Paraguay's taxes less subsidies on products (current LCU) was 29.61 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 114.19% from 13.82 trillion in 2015 (7.91% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.61 trillion | 2025 |
| Five years earlier | 16.59 trillion | 2020 |
| Ten years earlier | 13.82 trillion | 2015 |
| Highest | 29.61 trillion | 2025 |
| Lowest | 2.71 billion | 1964 |
| Average since 2016 | 20.22 trillion | 2016–2025 |
| First recorded | 2.74 billion |
What the numbers say
In 2025, Paraguay's taxes less subsidies on products (current LCU) rose 9.2% on 2024 (from 27.12 trillion to 29.61 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +11.6% and a typical year strayed about 10.4% 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 72.2% in 1987 and the biggest yearly fall was 7.3% in 1999. 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 1.52 trillion a year. A straight line explains 86% 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 2025, Paraguay had the 12th highest value of the 150 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
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.
All 64 values
| Year | Taxes less subsidies on products (current LCU) |
|---|---|
| 2025 | 29,611,772,719,800 |
| 2024 | 27,117,659,237,700 |
| 2023 | 23,189,909,676,400 |
| 2022 | 20,818,967,482,600 |
| 2021 | 19,077,425,020,200 |
| 2020 | 16,585,498,210,500 |
| 2019 | 17,241,312,947,200 |
| 2018 | 17,556,892,946,300 |
| 2017 | 16,348,092,984,800 |
| 2016 | 14,687,571,405,300 |
Taxes less subsidies on products (current LCU) in nearby economies
- Antigua and Barbuda — 737.4 million (2025)
- Argentina — 130.88 trillion (2025)
- Aruba — 861.28 million (2023)
- Bahamas, The — 1.95 billion (2024)
- Barbados — 1.67 billion (2025)
- Belize — 963.64 million (2024)
- Bolivia — 24.85 billion (2024)
- Brazil — 1.79 trillion (2025)
- Cayman Islands — 347.01 million (2024)
- Chile
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 taxes less subsidies on products (current LCU)?
- 29.61 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1962?
- It is up 1.08 million% from 2.74 billion in 1962 (15.89% a year on average, compounded). The highest value was 29.61 trillion in 2025 and the lowest 2.71 billion in 1964.
- How does Paraguay rank?
- 12th highest of 150 economies with data for 2025.
- Is the latest change in taxes less subsidies on products (current LCU) unusual for Paraguay?
- In 2025, Paraguay's taxes less subsidies on products (current LCU) rose 9.2% on 2024 (from 27.12 trillion to 29.61 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +11.6% and a typical year strayed about 10.4% 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 NY.TAX.NIND.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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