Economy of Paraguay

Imports
Imports commoditiesroad vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts
Import partnersBrazil 24.2%, China 19.5%, Argentina 18.3%, US 11.5% (2012)
Exports
Exports commoditiessoybeans, feed, cotton, meat, edible oils, wood, leather
Export partnersUruguay 17.7%, Brazil 16.4%, Argentina 15.6%, Russia 12% (2012)
Economy sectors
Agriculture productscotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (tapioca), fruits, vegetables; beef, pork, eggs, milk; timber
Industrial productssugar, cement, textiles, beverages, wood products, steel, metallurgic, electric power
Economy
Unemployment6.60 % (2013)6.90 % (2012)6.60 % (2011)
Unemployment of Paraguay
GDP - Official Exchange Rate30.6 Billion $ (2013)25.7 Billion $ (2012)25.1 Billion $ (2011)
GDP - Official Exchange Rate of Paraguay
GDP growth rate12.0 % (2013)-1.20 % (2012)4.30 % (2011)
GDP growth rate of Paraguay
GDP per Capita (PPP)6,800 $ (2013)6,100 $ (2012)6,300 $ (2011)
GDP per Capita (PPP) of Paraguay
GDP - Purchasing Power Parity45.9 Billion $ (2013)40.4 Billion $ (2012)41.3 Billion $ (2011)
GDP - Purchasing Power Parity of Paraguay
GDP PPP per land area113 Thousand $ per square kilometer (2013)99,397 $ per square kilometer (2012)102 Thousand $ per square kilometer (2011)
GDP PPP per land area of Paraguay
ElectricityBanking
Central bank discount rate5.50 % (2012)6.00 % (2011)6.00 % (2010)
Central bank discount rate of Paraguay
Commercial bank prime lending rate28.9 % (2013)29.1 % (2012)28.0 % (2011)
Commercial bank prime lending rate of Paraguay
GDP decomposition by sector
Agriculture % of GDP20.4 % (2013)16.3 % (2012)
Industry % of GDP17.7 % (2013)18.2 % (2012)
Services % of GDP61.9 % (2013)65.5 % (2012)
Tourism
International tourism, number of arrivals579 Thousand (2012)524 Thousand (2011)465 Thousand (2010)
International tourism, number of arrivals of Paraguay
International tourism, number of departures400 Thousand (2012)347 Thousand (2011)302 Thousand (2010)
International tourism, number of departures of Paraguay
Yearly Tourist arrivals to residents ratio8.85 % (2012)8.11 % (2011)7.20 % (2010)
Yearly Tourist arrivals to residents ratio of Paraguay
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)15.7 % of GDP (2013)14.7 % of GDP (2012)13.8 % of GDP (2011)
Public debt (Percentage of GDP) of Paraguay
Current Account Balance (Percentage of GDP)0.47 % of GDP (2012)1.15 % of GDP (2011)-0.33 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Paraguay
External Debt Stocks (Percentage of GNI)27.1 % of GNI (2012)23.8 % of GNI (2011)27.3 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Paraguay
Short-term debt (percentage of total external debt)24.0 % of total external debt (2012)32.2 % of total external debt (2011)22.6 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Paraguay
Current Account Balance (Total)1.38 Billion $ (2013)116 Million $ (2012)-549.90 Million $ (2011)
Current Account Balance (Total) of Paraguay
External Debt (Total)7.01 Billion $ (2013)5.99 Billion $ (2012)5.33 Billion $ (2011)
External Debt (Total) of Paraguay
External Debt (Percentage of GDP)22.9 % of GDP (2013)23.3 % of GDP (2012)21.3 % of GDP (2011)
External Debt (Percentage of GDP) of Paraguay
External Debt per Capita1,059 $ (2013)915 $ (2012)825 $ (2011)
External Debt per Capita of Paraguay