Paraguay Trade to GDP Ratio 1962-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Paraguay trade to gdp ratio for 2023 was 82.99%, a 9.25% increase from 2022.
  • Paraguay trade to gdp ratio for 2022 was 73.74%, a 4% increase from 2021.
  • Paraguay trade to gdp ratio for 2021 was 69.74%, a 6.98% increase from 2020.
  • Paraguay trade to gdp ratio for 2020 was 62.76%, a 8.46% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 159.10%
Belarus 133.00%
Malaysia 131.84%
Thailand 129.15%
Serbia 124.27%
Fiji 120.93%
Montenegro 119.99%
Bulgaria 118.60%
Armenia 117.04%
Libya 109.93%
Namibia 109.61%
Mauritius 108.43%
Belize 106.48%
Bosnia 101.03%
Samoa 91.06%
Equatorial Guinea 87.13%
Albania 84.54%
Azerbaijan 83.62%
Romania 83.04%
Paraguay 82.99%
Gabon 74.14%
Mexico 74.12%
Costa Rica 70.29%
Botswana 67.37%
Turkey 66.96%
South Africa 65.72%
Ecuador 57.85%
Iran 55.54%
Peru 50.91%
Guatemala 50.13%
Dominican Republic 49.62%
Algeria 46.20%
Russia 41.83%
Colombia 40.48%
China 37.32%
Turkmenistan 35.17%
Brazil 33.85%
Paraguay Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 82.99% 9.25%
2022 73.74% 4.00%
2021 69.74% 6.98%
2020 62.76% -8.46%
2019 71.22% -0.85%
2018 72.07% 0.99%
2017 71.08% 3.32%
2016 67.76% 0.84%
2015 66.92% -2.17%
2014 69.08% -4.29%
2013 73.37% -1.40%
2012 74.77% -3.73%
2011 78.49% -2.77%
2010 81.26% 10.42%
2009 70.84% -9.94%
2008 80.78% 1.78%
2007 79.00% -5.73%
2006 84.73% -0.29%
2005 85.02% 4.92%
2004 80.10% -1.02%
2003 81.13% 1.69%
2002 79.44% 6.84%
2001 72.61% -6.04%
2000 78.64% 1.09%
1999 77.56% -24.05%
1998 101.61% 5.67%
1997 95.93% -7.10%
1996 103.04% -15.03%
1995 118.06% -5.02%
1994 123.08% 9.48%
1993 113.60% 24.11%
1992 89.50% 0.36%
1991 89.14% -2.17%
1990 91.31% 8.35%
1989 82.96% -2.12%
1988 85.08% 12.59%
1987 72.49% 5.35%
1986 67.14% 12.93%
1985 54.21% 13.08%
1984 41.13% 15.98%
1983 25.14% -6.75%
1982 31.90% 2.76%
1981 29.14% -4.76%
1980 33.90% -3.72%
1979 37.61% -2.92%
1978 40.53% -1.36%
1977 41.90% 9.20%
1976 32.70% 1.64%
1975 31.06% -1.60%
1974 32.67% 3.43%
1973 29.23% 1.63%
1972 27.61% -1.71%
1971 29.32% -1.72%
1970 31.04% -0.74%
1969 31.78% 2.65%
1968 29.13% 1.28%
1967 27.85% -1.54%
1966 29.39% -1.32%
1965 30.71% 4.12%
1964 26.59% 2.06%
1963 24.53% -2.77%
1962 27.31% -2.77%