Industrial Production, constant US$ in Paraguay

Paraguay: Industrial Production, constant US$ was 15.90 billion in 2021. ▲ Rising

Latest (2021)
15.90 billion
Change on year
up 4.6%
World rank
57th
of 89 countries
All-time high
15.90 billion
in 2021
All-time low
8.19 billion
in 2005
Years of data
17
2005–2021

Industrial Production, constant US$ in Paraguay, 2005–2021

05.0B10.0B15.0B2005201320212005: 8.2B2006: 8.6B2007: 9.1B2008: 9.6B2009: 9.3B2010: 10.5B2011: 10.9B2012: 10.9B2013: 12.6B2014: 13.2B2015: 13.4B2016: 14.0B2017: 14.7B2018: 15.2B2019: 15.3B2020: 15.2B2021: 15.9B

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for industrial production, constant us$ in Paraguay is 15.90 billion, measured in 2021. That is the highest value across all 17 years on record.

That represents a change of up 4.6% on the previous year and up 45.6% over ten years.

Over the whole period, industrial production, constant us$ in Paraguay peaked at 15.90 billion in 2021 and was at its lowest, 8.19 billion, in 2005.

That places Paraguay 57th out of 89 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Industrial Production, constant US$ in Paraguay, year by year

Annual values for Industrial Production, constant US$ in Paraguay, 2005 to 2021.
Year Value Change
2005 8.19 billion —
2006 8.57 billion +4.7%
2007 9.08 billion +5.9%
2008 9.59 billion +5.6%
2009 9.27 billion -3.3%
2010 10.48 billion +13.0%
2011 10.93 billion +4.3%
2012 10.88 billion -0.4%
2013 12.59 billion +15.8%
2014 13.21 billion +4.9%
2015 13.44 billion +1.8%
2016 13.99 billion +4.1%
2017 14.68 billion +5.0%
2018 15.22 billion +3.7%
2019 15.25 billion +0.2%
2020 15.21 billion -0.3%
2021 15.90 billion +4.6%

Paraguay compared with similar countries

  • Paraguay's 15.90 billion is below the median for upper middle income countries, which is 41.86 billion, 38% of the median. (30 countries reporting)
  • Paraguay's 15.90 billion is below the median for Latin America & Caribbean, which is 21.16 billion, 75% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.94 billion 8.19 billion 9.59 billion 5
2010s 13.07 billion 10.48 billion 15.25 billion 10
2020s 15.56 billion 15.21 billion 15.90 billion 2

Countries ranked near Paraguay

  1. 54 Sri Lanka 22.28 billion compare
  2. 55 Slovenia 19.21 billion compare
  3. 56 Lithuania 18.27 billion compare
  4. 58 Bulgaria 15.65 billion compare
  5. 59 Cote d'Ivoire 15.32 billion compare
  6. 60 Croatia 15.31 billion compare

See the full ranking of 99 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is industrial production, constant us$ in Paraguay?
Industrial production, constant us$ in Paraguay was 15.90 billion in 2021, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$ recorded in Paraguay?
The highest recorded value was 15.90 billion in 2021.
What is the lowest industrial production, constant us$ recorded in Paraguay?
The lowest recorded value was 8.19 billion in 2005.
How does Paraguay rank for industrial production, constant us$?
Paraguay ranks 57th out of 89 countries with data for 2021.
Is industrial production, constant us$ rising or falling in Paraguay?
Over the last ten years it is up 45.6%. The long-run trend across the full record is rising.
Where does this Paraguay data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$. Statizoid updates them automatically from the source API.

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Industrial Production, constant US$ in Paraguay. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/industrial-production-constant-us/paraguay/

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About this data

Indicator
Industrial Production, constant US$
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,668 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, and not seasonally adjusted. The base year is 2005.