Remittance inflows to GDP in Paraguay
Paraguay: Remittance inflows to GDP was 1.6% in 2020. β² Rising
Remittance inflows to GDP in Paraguay, 1975β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Paraguay recorded 1.6% for remittance inflows to gdp in 2020.
Compared with earlier readings it is down 6.2% on the previous year and up 9.0% over ten years.
Over the whole period, remittance inflows to gdp in Paraguay peaked at 2.5% in 2006 and was at its lowest, 0.3%, in 1985.
Paraguay ranks 113th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8% | 0.4% | 1.5% | 5 |
| 1980s | 0.7% | 0.3% | 1.2% | 10 |
| 1990s | 1.3% | 0.6% | 1.9% | 10 |
| 2000s | 1.7% | 1.4% | 2.5% | 10 |
| 2010s | 1.6% | 1.3% | 1.9% | 10 |
| 2020s | 1.6% | 1.6% | 1.6% | 1 |
Countries ranked near Paraguay
More financial sector data for Paraguay
- Domestic credit to private sector by banks 55.7% (2025)
- Total reserves in months of imports 5.55 (2024)
- Net domestic credit 197.45 trillion current LCU (2025)
- Net foreign assets 55.63 trillion current LCU (2025)
- Monetary Sector credit to private sector 55.7% (2025)
- Broad money 52.3% (2024)
- Claims on central government, etc. -4.1% (2025)
- Domestic credit to private sector 55.7% (2025)
- Official exchange rate 7,545 LCU per US$, period average (2025)
- Net migration -12,423 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Paraguay?
- Remittance inflows to gdp in Paraguay was 1.6% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Paraguay?
- The highest recorded value was 2.5% in 2006.
- What is the lowest remittance inflows to gdp recorded in Paraguay?
- The lowest recorded value was 0.3% in 1985.
- How does Paraguay rank for remittance inflows to gdp?
- Paraguay ranks 113th out of 196 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Paraguay?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.