Financial Development Index in Paraguay
Paraguay: Financial Development Index was 0.1735 in 2020. ▲ Rising
Financial Development Index in Paraguay, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Paraguay stood at 0.1735.
The figure is down 3.1% on the previous year and up 38.6% over ten years.
Over the whole period, financial development index in Paraguay peaked at 0.1791 in 2019 and was at its lowest, 0.0636, in 2003.
Paraguay ranks 125th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1038 | — |
| 1981 | 0.0968 | -6.8% |
| 1982 | 0.1021 | +5.5% |
| 1983 | 0.0952 | -6.8% |
| 1984 | 0.0843 | -11.4% |
| 1985 | 0.0741 | -12.1% |
| 1986 | 0.0738 | -0.5% |
| 1987 | 0.0681 | -7.7% |
| 1988 | 0.0772 | +13.4% |
| 1989 | 0.0761 | -1.5% |
| 1990 | 0.0801 | +5.3% |
| 1991 | 0.1041 | +30.0% |
| 1992 | 0.1104 | +6.1% |
| 1993 | 0.0965 | -12.6% |
| 1994 | 0.1209 | +25.3% |
| 1995 | 0.1233 | +2.0% |
| 1996 | 0.1325 | +7.5% |
| 1997 | 0.1254 | -5.4% |
| 1998 | 0.117 | -6.7% |
| 1999 | 0.1262 | +7.9% |
| 2000 | 0.1136 | -10.0% |
| 2001 | 0.1041 | -8.4% |
| 2002 | 0.0742 | -28.7% |
| 2003 | 0.0636 | -14.3% |
| 2004 | 0.0965 | +51.6% |
| 2005 | 0.0935 | -3.1% |
| 2006 | 0.0882 | -5.6% |
| 2007 | 0.0907 | +2.8% |
| 2008 | 0.1127 | +24.3% |
| 2009 | 0.1098 | -2.5% |
| 2010 | 0.1252 | +14.0% |
| 2011 | 0.1312 | +4.8% |
| 2012 | 0.1268 | -3.4% |
| 2013 | 0.1307 | +3.1% |
| 2014 | 0.1244 | -4.8% |
| 2015 | 0.1286 | +3.4% |
| 2016 | 0.1284 | -0.2% |
| 2017 | 0.1721 | +34.0% |
| 2018 | 0.1753 | +1.8% |
| 2019 | 0.1791 | +2.2% |
| 2020 | 0.1735 | -3.1% |
Paraguay compared with similar countries
- Paraguay's 0.1735 is below the median for upper middle income countries, which is 0.2539, 68% of the median. (54 countries reporting)
- Paraguay's 0.1735 is below the median for Latin America & Caribbean, which is 0.2814, 62% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0852 | 0.0681 | 0.1038 | 10 |
| 1990s | 0.1136 | 0.0801 | 0.1325 | 10 |
| 2000s | 0.0947 | 0.0636 | 0.1136 | 10 |
| 2010s | 0.1422 | 0.1244 | 0.1791 | 10 |
| 2020s | 0.1735 | 0.1735 | 0.1735 | 1 |
Countries ranked near Paraguay
- 122 Azerbaijan 0.1783 compare
- 123 Togo 0.1781 compare
- 124 Papua New Guinea 0.1763 compare
- 126 Ghana 0.1695 compare
- 127 Laos 0.1682 compare
- 128 Tajikistan 0.1603 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 financial development index in Paraguay?
- Financial development index in Paraguay was 0.1735 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Paraguay?
- The highest recorded value was 0.1791 in 2019.
- What is the lowest financial development index recorded in Paraguay?
- The lowest recorded value was 0.0636 in 2003.
- How does Paraguay rank for financial development index?
- Paraguay ranks 125th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Paraguay?
- Over the last ten years it is up 38.6%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.