Financial system deposits to GDP in Paraguay
Paraguay: Financial system deposits to GDP was 36.1% in 2021. ▲ Rising
Financial system deposits to GDP in Paraguay, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Paraguay recorded 36.1% for financial system deposits to gdp in 2021. That is the highest value across all 62 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 87.7% over ten years.
Over the whole period, financial system deposits to gdp in Paraguay peaked at 36.1% in 2021 and was at its lowest, 3.9%, in 1960.
That places Paraguay 129th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Financial system deposits to GDP in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 3.9% | — |
| 1961 | 4.6% | +19.4% |
| 1962 | 4.6% | +0.9% |
| 1963 | 5.8% | +24.0% |
| 1964 | 6.9% | +18.9% |
| 1965 | 7.6% | +10.2% |
| 1966 | 8.2% | +8.7% |
| 1967 | 9.4% | +14.5% |
| 1968 | 10.2% | +8.8% |
| 1969 | 11.0% | +7.2% |
| 1970 | 12.0% | +9.6% |
| 1971 | 12.5% | +4.1% |
| 1972 | 13.7% | +9.8% |
| 1973 | 13.7% | +0.1% |
| 1974 | 12.7% | -7.6% |
| 1975 | 14.2% | +12.1% |
| 1976 | 16.1% | +13.2% |
| 1977 | 17.3% | +7.4% |
| 1978 | 18.0% | +3.7% |
| 1979 | 15.6% | -12.9% |
| 1980 | 16.2% | +3.6% |
| 1981 | 15.8% | -2.5% |
| 1982 | 15.5% | -2.0% |
| 1983 | 16.2% | +4.7% |
| 1984 | 13.9% | -14.1% |
| 1985 | 11.9% | -14.6% |
| 1986 | 11.3% | -4.8% |
| 1987 | 11.5% | +1.4% |
| 1988 | 11.7% | +2.1% |
| 1989 | 13.4% | +14.2% |
| 1990 | 14.3% | +6.8% |
| 1991 | 16.6% | +16.2% |
| 1992 | 19.7% | +18.3% |
| 1993 | 21.7% | +10.0% |
| 1994 | 22.9% | +5.8% |
| 1995 | 20.5% | -10.5% |
| 1996 | 20.4% | -0.6% |
| 1997 | 19.9% | -2.5% |
| 1998 | 18.2% | -8.4% |
| 1999 | 19.0% | +4.4% |
| 2000 | 17.8% | -6.5% |
| 2001 | 17.8% | +0.2% |
| 2002 | 15.1% | -15.3% |
| 2003 | 14.5% | -3.5% |
| 2004 | 14.4% | -1.2% |
| 2005 | 13.3% | -7.3% |
| 2006 | 12.2% | -8.5% |
| 2007 | 13.4% | +10.1% |
| 2008 | 13.1% | -2.5% |
| 2009 | 19.0% | +45.0% |
| 2010 | 19.1% | +0.6% |
| 2011 | 19.2% | +0.6% |
| 2012 | 20.3% | +5.5% |
| 2013 | 21.9% | +8.0% |
| 2014 | 23.2% | +5.9% |
| 2015 | 24.9% | +7.5% |
| 2016 | 25.0% | +0.3% |
| 2017 | 27.0% | +8.2% |
| 2018 | 27.7% | +2.5% |
| 2019 | 29.0% | +4.7% |
| 2020 | 35.8% | +23.6% |
| 2021 | 36.1% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.2% | 3.9% | 11.0% | 10 |
| 1970s | 14.6% | 12.0% | 18.0% | 10 |
| 1980s | 13.8% | 11.3% | 16.2% | 10 |
| 1990s | 19.3% | 14.3% | 22.9% | 10 |
| 2000s | 15.1% | 12.2% | 19.0% | 10 |
| 2010s | 23.7% | 19.1% | 29.0% | 10 |
| 2020s | 35.9% | 35.8% | 36.1% | 2 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Net domestic credit (current LCU), per capita 28.15 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 4,007 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.05 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 9.22 million SDR (2024)
- Gold reserves at market value 527.02 million SDR (2024)
- Reserves excluding gold, foreign exchange 6.66 billion SDR (2024)
- Reserves excluding gold 6.81 billion SDR (2024)
- Total reserves (gold at market value) 7.34 billion SDR (2024)
- Total reserves (gold at national valuation) 7.34 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 1,059 SDR per person (2024)
Frequently asked questions
- What is financial system deposits to gdp in Paraguay?
- Financial system deposits to gdp in Paraguay was 36.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Paraguay?
- The highest recorded value was 36.1% in 2021.
- What is the lowest financial system deposits to gdp recorded in Paraguay?
- The lowest recorded value was 3.9% in 1960.
- How does Paraguay rank for financial system deposits to gdp?
- Paraguay ranks 129th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Paraguay?
- Over the last ten years it is up 87.7%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).