Paraguay: General government deficit (% of GDP)

Name: Paraguay: General government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1967–2025 · 59 observations · forecasts to 2031 · gen_govdef_GDP

2025: −1.69%percent of GDP
Change on 2024: +0.4 pointsfrom −2.10%
Average, 2016–2025: −2.36%10 years
Record high and low: 7.56% (1990)low −5.72% (2020)

General government deficit (% of GDP)

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ForecastPercent of GDP

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Recent values

Percent of GDP

Year	Value
2031	-1.42	Forecast
2030	-1.43	Forecast
2029	-1.38	Forecast
2028	-1.34	Forecast
2027	-1.28	Forecast
2026	-1.33	Forecast
2025	-1.69
2024	-2.10
2023	-3.81
2022	-2.65
2021	-3.39
2020	-5.72
2019	-2.44
2018	-1.01
2017	-0.439
2016	-0.374

Sources

Kehoe & Nicolini1967–2015
IMF Fiscal Policy Panel1967–2023
IMF World Economic Outlook1980–2025
IMF Government Finance Statistics2005–2024
IMF WEO (forecast)2025–2031

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Paraguay documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

General government deficit (% of GDP)

Recent values

Sources

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