Current account balance (credit less debit), Net (credits less) in Paraguay
Paraguay: Current account balance (credit less debit), Net (credits less) was -1.53 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Paraguay, 2005–2024
Source: International Monetary Fund.
Analysis
Paraguay recorded -1.53 billion for current account balance (credit less debit), net (credits less debits) in 2024.
That represents a change of down 929.8% on the previous year and down 380.7% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Paraguay peaked at 1.66 billion in 2016 and was at its lowest, -2.94 billion, in 2022.
That places Paraguay 141st out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -67.51 million | — |
| 2006 | 167.13 million | -347.6% |
| 2007 | 778.97 million | +366.1% |
| 2008 | 88.50 million | -88.6% |
| 2009 | 389.16 million | +339.7% |
| 2010 | -308.56 million | -179.3% |
| 2011 | -228.74 million | -25.9% |
| 2012 | -605.29 million | +164.6% |
| 2013 | 334.83 million | -155.3% |
| 2014 | -317.77 million | -194.9% |
| 2015 | -75.84 million | -76.1% |
| 2016 | 1.66 billion | -2291.6% |
| 2017 | 1.31 billion | -21.1% |
| 2018 | -90.22 million | -106.9% |
| 2019 | -212.29 million | +135.3% |
| 2020 | 676.10 million | -418.5% |
| 2021 | -429.19 million | -163.5% |
| 2022 | -2.94 billion | +585.3% |
| 2023 | -148.34 million | -95.0% |
| 2024 | -1.53 billion | +929.8% |
Paraguay compared with similar countries
- Paraguay's -1.53 billion is below the median for upper middle income countries, which is -494.28 million, 3.1× the median. (54 countries reporting)
- Paraguay's -1.53 billion is below the median for Latin America & Caribbean, which is -169.22 million, 9.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +2291.6% | -75.84 million | 1.66 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 271.25 million | -67.51 million | 778.97 million | 5 |
| 2010s | 146.96 million | -605.29 million | 1.66 billion | 10 |
| 2020s | -874.09 million | -2.94 billion | 676.10 million | 5 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.15 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.68 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.15 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Paraguay?
- Current account balance (credit less debit), net (credits less debits) in Paraguay was -1.53 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Paraguay?
- The highest recorded value was 1.66 billion in 2016.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Paraguay?
- The lowest recorded value was -2.94 billion in 2022.
- How does Paraguay rank for current account balance (credit less debit), net (credits less debits)?
- Paraguay ranks 141st out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Paraguay?
- Over the last ten years it is down 380.7%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.