Merchandise exports to low- and middle-income economies in Latin in Paraguay
Paraguay: Merchandise exports to low- and middle-income economies in Latin was 66.0% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Paraguay, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Paraguay is 66.0%, measured in 2023.
Compared with earlier readings it is up 8.5% on the previous year and up 46.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Paraguay peaked at 80.4% in 2002 and was at its lowest, 17.9%, in 1976.
That places Paraguay 1st out of 203 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Paraguay, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 33.0% | — |
| 1961 | 34.3% | +3.9% |
| 1962 | 35.3% | +3.0% |
| 1963 | 27.3% | -22.7% |
| 1964 | 28.4% | +4.1% |
| 1965 | 30.6% | +7.7% |
| 1966 | 36.6% | +19.5% |
| 1967 | 27.1% | -26.0% |
| 1968 | 29.8% | +10.0% |
| 1969 | 33.2% | +11.4% |
| 1970 | 35.1% | +5.6% |
| 1971 | 36.1% | +2.9% |
| 1972 | 25.4% | -29.5% |
| 1973 | 19.9% | -21.9% |
| 1974 | 28.7% | +44.6% |
| 1975 | 35.2% | +22.6% |
| 1976 | 17.9% | -49.1% |
| 1977 | 19.7% | +9.6% |
| 1978 | 18.3% | -7.0% |
| 1979 | 28.3% | +54.7% |
| 1980 | 40.6% | +43.6% |
| 1981 | 43.6% | +7.3% |
| 1982 | 45.8% | +5.1% |
| 1983 | 35.9% | -21.6% |
| 1984 | 31.5% | -12.3% |
| 1985 | 27.3% | -13.3% |
| 1986 | 58.1% | +112.8% |
| 1987 | 36.6% | -37.1% |
| 1988 | 34.0% | -7.2% |
| 1989 | 39.6% | +16.5% |
| 1990 | 40.5% | +2.4% |
| 1991 | 35.3% | -12.9% |
| 1992 | 38.8% | +9.9% |
| 1993 | 41.2% | +6.3% |
| 1994 | 52.6% | +27.5% |
| 1995 | 56.3% | +7.2% |
| 1996 | 61.8% | +9.7% |
| 1997 | 55.7% | -10.0% |
| 1998 | 56.6% | +1.7% |
| 1999 | 58.9% | +4.1% |
| 2000 | 54.7% | -7.1% |
| 2001 | 76.9% | +40.5% |
| 2002 | 80.4% | +4.6% |
| 2003 | 74.9% | -6.9% |
| 2004 | 66.1% | -11.7% |
| 2005 | 66.3% | +0.3% |
| 2006 | 66.1% | -0.3% |
| 2007 | 67.1% | +1.6% |
| 2008 | 60.1% | -10.5% |
| 2009 | 59.5% | -0.9% |
| 2010 | 48.0% | -19.3% |
| 2011 | 47.4% | -1.3% |
| 2012 | 54.0% | +13.8% |
| 2013 | 45.1% | -16.5% |
| 2014 | 43.5% | -3.5% |
| 2015 | 43.9% | +1.0% |
| 2016 | 53.7% | +22.3% |
| 2017 | 53.9% | +0.3% |
| 2018 | 64.3% | +19.4% |
| 2019 | 62.1% | -3.5% |
| 2020 | 65.9% | +6.1% |
| 2021 | 61.6% | -6.5% |
| 2022 | 60.8% | -1.2% |
| 2023 | 66.0% | +8.5% |
Paraguay compared with similar countries
- Paraguay's 66.0% is above the median for upper middle income countries, which is 1.9%, 34.4× the median. (58 countries reporting)
- Paraguay's 66.0% is above the median for Latin America & Caribbean, which is 14.5%, 4.6× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +112.8% | 27.3% | 58.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.6% | 27.1% | 36.6% | 10 |
| 1970s | 26.5% | 17.9% | 36.1% | 10 |
| 1980s | 39.3% | 27.3% | 58.1% | 10 |
| 1990s | 49.8% | 35.3% | 61.8% | 10 |
| 2000s | 67.2% | 54.7% | 80.4% | 10 |
| 2010s | 51.6% | 43.5% | 64.3% | 10 |
| 2020s | 63.6% | 60.8% | 66.0% | 4 |
Countries ranked near Paraguay
More private sector data for Paraguay
- Merchandise trade 61.3% (2025)
- Food imports 7.8% (2025)
- Manufactures imports 79.2% (2025)
- Merchandise imports 19.13 billion current US$ (2025)
- Food exports 69.1% (2025)
- Manufactures exports 16.3% (2025)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,580 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2249 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.86 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Paraguay?
- Merchandise exports to low- and middle-income economies in latin in Paraguay was 66.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Paraguay?
- The highest recorded value was 80.4% in 2002.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Paraguay?
- The lowest recorded value was 17.9% in 1976.
- How does Paraguay rank for merchandise exports to low- and middle-income economies in latin?
- Paraguay ranks 1st out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Paraguay?
- Over the last ten years it is up 46.5%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.