Public Debt in Paraguay
Public debt in Paraguay averaged 25.0% of GDP in the decade to 2022, below the Latin America average which was 56.0% of GDP. As of 2022, public debt in Paraguay stood at 40.8% of GDP. For more public debt information, visit our dedicated page.
Paraguay Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Paraguay from 2021 to 2020.
Source: Macrobond.
Paraguay Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 25.8 | 36.9 | 37.5 | 40.5 | 41.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Paraguayan public debt projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Paraguayan public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Paraguayan public debt projections.
Want to get access to the full dataset of Paraguayan public debt forecasts? Send an email to info@focus-economics.com.