Paraguays GDP (PPP) is projected at $103.4 billion in 2025. Paraguays economy depends on agriculture (soybeans, beef), hydropower exports, and manufacturing. The PPP adjustment significantly boosts GDP due to a low cost of living. Stable growth is supported by trade with Brazil and Argentina, but inequality and corruption persist. Paraguay aims to expand renewable energy and agro-industry, leveraging its hydroelectric capacity. Infrastructure improvements and governance reforms are essential for sustaining economic progress and attracting investment.
World Bank purchasing power parity GDP economic data as of July 2025.