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Government Finance of Paraguay

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

19.2% 25.0% 52.2%
  • Personal income taxes: 1.0%
  • Corporate income taxes: 19.2%
  • Social security contributions: 25.0%
  • Property taxes: 1.2%
  • Goods and services taxes: 52.2%
  • Other taxes: 1.5%
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Personal income taxes
1.0%
Corporate income taxes
19.2%
Social security contributions
25.0%
Property taxes
1.2%
Goods and services taxes
52.2%
Other taxes
1.5%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 37.8% #132 / 184 2026
Government Gross Debt (Local currency - PYG) 151.18T - 2026
Government Net Debt (% of GDP) 35.5% #57 / 86 2026
Government Net Debt (Local currency - PYG) 142.16T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -1.3% #50 / 189 2026
Fiscal Balance (Local currency - PYG) -5.31T - 2026
Primary Fiscal Balance (% of GDP) 0.4% #49 / 182 2026
Primary Fiscal Balance (Local currency - PYG) 1.44T - 2026

Revenue and Spending

Government Revenue (% of GDP) 17.9% #149 / 189 2026
Government Revenue (Local currency - PYG) 71.85T - 2026
Government Spending (% of GDP) 19.3% #159 / 189 2026
Government Spending (Local currency - PYG) 77.16T - 2026

International Reserves

Total Reserves (USD) 9.57B #76 / 163 2024

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