Paraguay's travel services (% of service exports, BoP) was 31.51% in 2025, the latest year in the World Bank's World Development Indicators. That is down 17.7 percentage points from 49.21% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 31.51% | 2025 |
| Five years earlier | 14.53% | 2020 |
| Ten years earlier | 49.21% | 2015 |
| Highest | 80.69% | 1986 |
| Lowest | 5.27% | 2021 |
| Average since 2016 | 31.56% | 2016–2025 |
| First recorded | 30.21% | 1975 |
What the numbers say
In 2025, Paraguay's travel services (% of service exports, BoP) rose 5.67 percentage points on 2024 (from 25.84% to 31.51%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.05 percentage points and a typical year strayed about 10.2 percentage points from that (the standard deviation). This year's change was 0.6 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 28.98 percentage points in 2008 and the biggest yearly fall was 32.06 percentage points in 1988. 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 downward, about 3.35 percentage points a year. A straight line explains 39% 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 69th highest value of the 134 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 | 31.51% | 2025 |
| World | 19.75% | 2025 |
| Latin America & Caribbean | 41% | 2025 |
| Upper middle income | 32.98% | 2025 |
Closest to Paraguay in the 2025 ranking
- Uruguay — 65th of 134: 33.6%
- Bahrain — 66th of 134: 33.49%
- Panama — 67th of 134: 32.62%
- Costa Rica — 69th of 134: 30.81%
- West Bank and Gaza — 70th of 134: 30.29%
- Canada — 71st of 134: 29.92%
What this measures
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 51 values
| Year | Travel services (% of service exports, BoP) |
|---|---|
| 2025 | 31.51 |
| 2024 | 25.84 |
| 2023 | 24.52 |
| 2022 | 21.08 |
| 2021 | 5.27 |
| 2020 | 14.53 |
| 2019 | 43.27 |
| 2018 | 43.71 |
| 2017 | 53.59 |
| 2016 | 52.28 |
| 2015 |
Travel services (% of service exports, BoP) in nearby economies
- Antigua and Barbuda — 84.27% (2025)
- Argentina — 26.45% (2025)
- Aruba — 87.83% (2023)
- Bahamas, The — 93.9% (2024)
- Barbados — 70.71% (2017)
- Belize — 68.14% (2025)
- Bolivia — 64.55% (2025)
- Brazil — 19.2% (2025)
- Chile — 29.54% (2025)
- Colombia — 48.42% (2025)
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 travel services (% of service exports, BoP)?
- 31.51% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 1.3 percentage points from 30.21% in 1975. The highest value was 80.69% in 1986 and the lowest 5.27% in 2021.
- How does Paraguay rank?
- 69th highest of 134 economies with data for 2025.
- Is the latest change in travel services (% of service exports, BoP) unusual for Paraguay?
- In 2025, Paraguay's travel services (% of service exports, BoP) rose 5.67 percentage points on 2024 (from 25.84% to 31.51%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.05 percentage points and a typical year strayed about 10.2 percentage points from that (the standard deviation). This year's change was 0.6 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 BX.GSR.TRVL.ZS, licensed CC BY 4.0. Original source: Balance of Payments 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in