Paraguay's trade (% of GDP) was 76.48% in 2025, the latest year in the World Bank's World Development Indicators. That is up 9.56 percentage points from 66.92% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 76.48% | 2025 |
| Five years earlier | 62.76% | 2020 |
| Ten years earlier | 66.92% | 2015 |
| Highest | 123.08% | 1994 |
| Lowest | 24.53% | 1963 |
| Average since 2016 | 72.46% | 2016–2025 |
| First recorded | 27.31% | 1962 |
What the numbers say
In 2025, Paraguay's trade (% of GDP) fell 0.62 percentage points on 2024 (from 77.09% to 76.48%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −1.53 percentage points and a typical year strayed about 7.19 percentage points from that (the standard deviation). This year's change was 0.1 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 24.11 percentage points in 1993 and the biggest yearly fall was 24.05 percentage points 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 1.14 percentage points a year. A straight line explains 40% 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 75th highest value of the 137 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.
| Value | Year | |
|---|---|---|
| Paraguay | 76.48% | 2025 |
| World | 68.49% | 2025 |
| Latin America & Caribbean | 49.14% | 2025 |
| Upper middle income | 48.9% | 2025 |
Closest to Paraguay in the 2025 ranking
- Norway — 71st of 137: 79.05%
- Germany — 72nd of 137: 78.51%
- Ukraine — 73rd of 137: 77.18%
- Romania — 75th of 137: 76.21%
- Equatorial Guinea — 76th of 137: 74.93%
- West Bank and Gaza — 77th of 137: 74.76%
What this measures
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 64 values
| Year | Trade (% of GDP) |
|---|---|
| 2025 | 76.48 |
| 2024 | 77.09 |
| 2023 | 82.58 |
| 2022 | 73.87 |
| 2021 | 69.73 |
| 2020 | 62.76 |
| 2019 | 71.22 |
| 2018 | 72.07 |
| 2017 | 71.08 |
| 2016 | 67.76 |
| 2015 | 66.92 |
Trade (% of GDP) in nearby economies
- Argentina — 30.36% (2025)
- Aruba — 164.14% (2024)
- Bahamas, The — 79.24% (2024)
- Belize — 108.97% (2024)
- Bolivia — 46.98% (2024)
- Brazil — 35.29% (2025)
- Chile — 64.98% (2025)
- Colombia — 35.37% (2025)
- Costa Rica — 71.49% (2025)
- Cuba — 124.86% (2024)
- Curaçao — 155.27% (2018)
- Dominican Republic — 51.49% (2025)
- Ecuador
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 trade (% of GDP)?
- 76.48% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1962?
- It is up 49.17 percentage points from 27.31% in 1962. The highest value was 123.08% in 1994 and the lowest 24.53% in 1963.
- How does Paraguay rank?
- 75th highest of 137 economies with data for 2025.
- Is the latest change in trade (% of GDP) unusual for Paraguay?
- In 2025, Paraguay's trade (% of GDP) fell 0.62 percentage points on 2024 (from 77.09% to 76.48%). Across the 30 yearly changes before that (1995 to 2024), the average change was −1.53 percentage points and a typical year strayed about 7.19 percentage points from that (the standard deviation). This year's change was 0.1 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 NE.TRD.GNFS.ZS, 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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