Multi-dimensional Review of Paraguay
Facts and figures of Paraguay
The economy
GDP, current prices (billion USD - 2016) |
27.4b |
Main exports (% of total merchandise exports - 2016) |
|
GDP growth rate 2016 (%) |
4.1b |
Soybeans and derivatives |
36%c |
Inflation rate 2016 (%) |
4.1c |
Beef meat |
14%c |
GDP growth 2006-2015 (%, annual average) |
5.1b |
Value-added (% of GDP, 2016)b |
|
Tax to GDP ratio (% of GDP - 2015) |
17.9d (34.3%) |
Agriculture |
20 (1.5 – 2015) |
Trade in goods and services (% of GDP) |
Industry |
30.3 (24.3 – 2015) |
|
Exports – 2016 |
42.1b (28.5 - 2015) |
Services |
49.8 (74.2– 2015) |
Imports – 2016 |
39.4b (28 - 2015) |
Well-being
Consumption possibilities |
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GDP per capita, 2016 (USD, 2011 constant PPP) |
8 878b (38 725) |
Share of population living below the poverty line (%, 2016) |
28.9h |
Income inequality (adult equivalent disposable income), 2015 |
52 (32)e |
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Work |
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Labour force participation (%, 15 to 64 year old, 2016) |
Unemployment rate (% - 2016) |
6.0n (6.3) |
|
Employment to population ratio (% of 15 and over, 2016) |
66.3m (55.7) |
Youth unemployment rate (%, 15 to 29, 2016) |
10.6 (12.5) |
Housing |
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Households with improved sanitation facilities (%, 2015) |
88.6 (98.8) |
Satisfaction with the availability of affordable housingl (%, 2015) |
54 |
Education |
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Expected years of schoolingk |
12.3 (17.4) |
Adult literacy rate (%, 2016) |
94.6 |
Health |
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Life expectancy (at birth, in years, 2016) |
73.6i (79.9) |
Satisfaction with the health system (%)j |
43 |
Vulnerability |
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Intentional homicide rate (per 100 000) |
8.4 |
Health insurance coverage (% of the employed population, 2016)f |
29 |
Social connections |
Empowerment and participation |
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Population stating they have someone to count on in case of need (%) |
Ranking in the Transparency International’s Corruption Perception Index, 2015l |
123/176 |
|
Life evaluation |
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Life satisfaction (average on 1-10 scale) |
5.6j (7.3) |
The environment
The Central Bank of Paraguay is undertaking a revision of National Accounts, changing the base year to 2014 and adopting SNA 2008. At the time of writing, the revised data were not available in long series or at the necessary level of disaggregation. This report therefore relies on national accounts data with the 1994 base year.
a. DGEEC. Paraguay. Proyección de la Población Nacional, Áreas Urbana y Rural por Sexo y Edad, 2000-2025. Revisión 2015.
b. World Bank (2017), World Development Indicators Database (database), Washington DC, http://data.worldbank.org.
c. Central Bank of Paraguay (2017), https://www.bcp.gov.py/.
d. Ministry of Finance of Paraguay (2017), Informe de las Finanzas Públicas de la República del Paraguay, Ministerio de Hacienda, Gobierno Nacional de Paraguay, Asunción.
e. OECD project 2015/16 “Monitoring Inequalities and Fostering Inclusive Growth in Emerging Economies” estimates based on micro-data from the main household surveys for Argentina, Bolivia, Dominic Republic, Ecuador, Panama, Paraguay, Peru and Uruguay, as available through CEDLAS (Centre for Distributive, Labor and Social Issues in Latin America, Universidad Nacional de La Plata, Argentina).
f. Calculations based on Encuesta Permanente de Hogares (2016).
g. OECD Labour force participation database, http://dotstat.oecd.org/?lang=en.
h. DGEEC (2017), Principales Resultados de Pobreza y Distribución de Ingreso, www.dgeec.gov.py.
i. MSPBS/DIGIES/DES, Subsistema de Información de Estadísticas Vitales.
j. Gallup World Poll, www.gallup.com/services/170945/world-poll.aspx.
k. UIS (UNESCO).
l. Transparency International.
m. MTESS (2017), Boletín Estadístico de Seguridad Social 2016, Ministerio de Trabajo, Empleo y Seguridad Social.
n. DGEEC (2017), Principales Indicadores de Empleo, EPH 2016, www.dgeec.gov.py.
o. OECD/ECLAC/CAF (2016), Latin American Economic Outlook 2017: Youth, Skills and Entrepreneurship, OECD Publishing, Paris, http://dx.doi.org/10.1787/leo-2017-en.