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Paraguay: Exports of goods and services (% of GDP)

In , Paraguay's Exports of goods and services (% of GDP) was 37.20.

That's down 11.6% from 2023, the highest value since .

The global average for this indicator in 2024 was 44.26 . Paraguay ranks #80 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #9 of 24.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Paraguay Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
47.59
Trough
33.27
1-year change
-11.6%
5-year change
+3.1%
+0.6% / yr
10-year change
+4.9%
+0.5% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
37.2017
42.0642
34.3694
35.4871
33.2706
36.0873
36.8532
38.1693
37.1432
34.7347

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Paraguay's Exports of goods and services (% of GDP) in 2024?
In 2024, Paraguay's Exports of goods and services (% of GDP) was 37.20, according to World Bank Open Data.
Is Paraguay's Exports of goods and services (% of GDP) rising or falling?
Paraguay's Exports of goods and services (% of GDP) fell 11.6% from 2023 to 2024.
How does Paraguay rank globally on Exports of goods and services (% of GDP)?
In 2024, Paraguay ranked #80 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Paraguay's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Paraguay is below the world average. Within Latin America & Caribbean, it ranks #9 of 24.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.