Domestic credit to private sector by banks in Paraguay
Paraguay: Domestic credit to private sector by banks was 55.7% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Paraguay, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Paraguay is 55.7%, measured in 2025.
The figure is down 2.3% on the previous year and up 28.5% over ten years.
Over the whole period, domestic credit to private sector by banks in Paraguay peaked at 57.0% in 2024 and was at its lowest, 4.6%, in 1961.
That places Paraguay 63rd out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 8.2% | — |
| 1961 | 4.6% | -43.6% |
| 1962 | 5.3% | +15.5% |
| 1963 | 6.2% | +17.1% |
| 1964 | 7.6% | +21.7% |
| 1965 | 9.1% | +19.8% |
| 1966 | 11.3% | +24.0% |
| 1967 | 14.1% | +25.4% |
| 1968 | 16.1% | +14.0% |
| 1969 | 18.7% | +16.4% |
| 1970 | 20.5% | +9.3% |
| 1971 | 20.5% | +0.1% |
| 1972 | 20.0% | -2.4% |
| 1973 | 18.9% | -5.6% |
| 1974 | 16.6% | -11.8% |
| 1975 | 17.1% | +2.7% |
| 1976 | 17.9% | +4.8% |
| 1977 | 18.2% | +1.5% |
| 1978 | 18.8% | +3.4% |
| 1979 | 18.2% | -3.3% |
| 1980 | 18.5% | +2.0% |
| 1981 | 17.3% | -6.6% |
| 1982 | 18.3% | +5.5% |
| 1983 | 17.1% | -6.5% |
| 1984 | 15.2% | -11.0% |
| 1985 | 12.7% | -16.3% |
| 1986 | 12.6% | -0.7% |
| 1987 | 11.3% | -10.6% |
| 1988 | 13.5% | +19.7% |
| 1989 | 13.3% | -2.0% |
| 1990 | 14.2% | +7.5% |
| 1991 | 16.9% | +18.5% |
| 1992 | 19.9% | +18.0% |
| 1993 | 23.1% | +15.8% |
| 1994 | 26.8% | +16.4% |
| 1995 | 23.8% | -11.1% |
| 1996 | 25.7% | +7.6% |
| 1997 | 27.1% | +5.5% |
| 1998 | 22.8% | -15.8% |
| 1999 | 22.8% | -0.0% |
| 2000 | 21.7% | -4.6% |
| 2001 | 21.7% | +0.0% |
| 2002 | 18.4% | -15.4% |
| 2003 | 12.6% | -31.5% |
| 2004 | 12.2% | -3.1% |
| 2005 | 12.2% | -0.0% |
| 2006 | 11.6% | -5.0% |
| 2007 | 13.6% | +17.5% |
| 2008 | 18.6% | +36.8% |
| 2009 | 21.5% | +15.3% |
| 2010 | 25.4% | +17.9% |
| 2011 | 28.9% | +13.9% |
| 2012 | 31.5% | +9.1% |
| 2013 | 34.3% | +9.0% |
| 2014 | 38.1% | +10.9% |
| 2015 | 43.3% | +13.7% |
| 2016 | 41.3% | -4.6% |
| 2017 | 41.1% | -0.7% |
| 2018 | 44.5% | +8.4% |
| 2019 | 47.6% | +7.1% |
| 2020 | 50.6% | +6.3% |
| 2021 | 49.4% | -2.4% |
| 2022 | 51.1% | +3.4% |
| 2023 | 52.2% | +2.2% |
| 2024 | 57.0% | +9.3% |
| 2025 | 55.7% | -2.3% |
Paraguay compared with similar countries
- Paraguay's 55.7% is above the median for upper middle income countries, which is 39.8%, 1.4× the median. (55 countries reporting)
- Paraguay's 55.7% is above the median for Latin America & Caribbean, which is 42.9%, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.1% | 4.6% | 18.7% | 10 |
| 1970s | 18.7% | 16.6% | 20.5% | 10 |
| 1980s | 15.0% | 11.3% | 18.5% | 10 |
| 1990s | 22.3% | 14.2% | 27.1% | 10 |
| 2000s | 16.4% | 11.6% | 21.7% | 10 |
| 2010s | 37.6% | 25.4% | 47.6% | 10 |
| 2020s | 52.7% | 49.4% | 57.0% | 6 |
Countries ranked near Paraguay
- 60 Grenada 57.5% compare
- 61 Cyprus 56.6% compare
- 62 Palestine, State of 56.4% compare
- 64 El Salvador 55.0% compare
- 65 Russian Federation 54.6% compare
- 66 Morocco 53.5% compare
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 domestic credit to private sector by banks in Paraguay?
- Domestic credit to private sector by banks in Paraguay was 55.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Paraguay?
- The highest recorded value was 57.0% in 2024.
- What is the lowest domestic credit to private sector by banks recorded in Paraguay?
- The lowest recorded value was 4.6% in 1961.
- How does Paraguay rank for domestic credit to private sector by banks?
- Paraguay ranks 63rd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Paraguay?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.