Palma ratio in Paraguay

Paraguay: Palma ratio was 2.34 in 2024. ▼ Falling

Latest (2024)
2.34
Change on year
up 0.5%
World rank
14th
of 120 countries
All-time high
5.41
in 1995
All-time low
1.92
in 1990
Years of data
28
1990–2024

Palma ratio in Paraguay, 1990–2024

02461990200720241990: 1.91995: 5.41997: 4.51999: 4.22001: 4.22002: 4.92003: 4.22004: 3.62005: 3.42006: 3.82007: 3.82008: 3.32009: 3.12010: 3.42011: 3.72012: 2.92013: 2.92014: 3.32015: 2.82016: 2.82017: 2.92018: 2.62019: 2.52020: 2.22021: 2.22022: 2.42023: 2.32024: 2.3

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Paraguay recorded 2.34 for palma ratio in 2024.

That represents a change of up 0.5% on the previous year and down 29.3% over ten years.

Over the whole period, palma ratio in Paraguay peaked at 5.41 in 1995 and was at its lowest, 1.92, in 1990.

Paraguay ranks 14th of 120 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 28 years of available data.

Palma ratio in Paraguay, year by year

Annual values for Palma ratio in Paraguay, 1990 to 2024.
Year Value Change
1990 1.92
1995 5.41 +181.9%
1997 4.55 -15.9%
1999 4.24 -6.8%
2001 4.24 +0.0%
2002 4.85 +14.4%
2003 4.2 -13.4%
2004 3.57 -15.0%
2005 3.42 -4.3%
2006 3.8 +11.2%
2007 3.76 -1.2%
2008 3.31 -11.8%
2009 3.07 -7.3%
2010 3.4 +10.8%
2011 3.69 +8.4%
2012 2.85 -22.6%
2013 2.86 +0.4%
2014 3.31 +15.5%
2015 2.81 -15.0%
2016 2.85 +1.3%
2017 2.92 +2.6%
2018 2.55 -12.5%
2019 2.5 -2.0%
2020 2.24 -10.4%
2021 2.18 -2.9%
2022 2.37 +9.0%
2023 2.32 -2.0%
2024 2.34 +0.5%

Paraguay compared with similar countries

  • Paraguay's 2.34 is above the median for upper middle income countries, which is 1.5, 1.6× the median. (35 countries reporting)
  • Paraguay's 2.34 is below the median for Latin America & Caribbean, which is 2.37, 99% of the median. (18 countries reporting)

Biggest year-on-year movements

Years where Palma ratio 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.

YearChange FromTo
1995 +181.9% 1.92 5.41

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.03 1.92 5.41 4
2000s 3.8 3.07 4.85 9
2010s 2.97 2.5 3.69 10
2020s 2.29 2.18 2.37 5

Countries ranked near Paraguay

  1. 11 Costa Rica 2.49 compare
  2. 12 Guatemala 2.45 compare
  3. 13 Venezuela 2.4 compare
  4. 15 Turkey 2.26 compare
  5. 16 Ghana 2.25 compare
  6. 17 Chile 2.18 compare

See the full ranking of 120 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is palma ratio in Paraguay?
Palma ratio in Paraguay was 2.34 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Paraguay?
The highest recorded value was 5.41 in 1995.
What is the lowest palma ratio recorded in Paraguay?
The lowest recorded value was 1.92 in 1990.
How does Paraguay rank for palma ratio?
Paraguay ranks 14th out of 120 countries with data for 2024.
Is palma ratio rising or falling in Paraguay?
Over the last ten years it is down 29.3%. The long-run trend across the full record is falling.
Where does this Paraguay data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Paraguay. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/paraguay/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.