Prosperity gap in Paraguay

Paraguay: Prosperity gap was 2.49 in 2024. ▼ Falling

Latest (2024)
2.49
Change on year
down 6.8%
World rank
63rd
of 120 countries
All-time high
6.9
in 1995
All-time low
2.49
in 2024
Years of data
28
1990–2024

Prosperity gap in Paraguay, 1990–2024

02461990200720241990: 31995: 6.91997: 61999: 62001: 5.52002: 6.82003: 5.42004: 4.92005: 4.72006: 5.32007: 52008: 4.32009: 4.42010: 4.32011: 4.22012: 3.52013: 3.12014: 3.12015: 32016: 32017: 2.82018: 2.82019: 2.72020: 2.92021: 2.82022: 2.92023: 2.72024: 2.5

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

Analysis

In 2024, prosperity gap in Paraguay stood at 2.49. That is the lowest value across all 28 years on record.

That represents a change of down 6.8% on the previous year and down 19.7% over ten years.

Over the whole period, prosperity gap in Paraguay peaked at 6.9 in 1995 and was at its lowest, 2.49, in 2024.

Paraguay ranks 63rd of 120 countries on this measure, in the middle of the range.

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

Prosperity gap in Paraguay, year by year

Annual values for Prosperity gap in Paraguay, 1990 to 2024.
Year Value Change
1990 3.01
1995 6.9 +129.2%
1997 6.03 -12.6%
1999 5.96 -1.2%
2001 5.47 -8.2%
2002 6.82 +24.7%
2003 5.36 -21.4%
2004 4.89 -8.7%
2005 4.7 -4.0%
2006 5.26 +11.9%
2007 4.96 -5.7%
2008 4.28 -13.6%
2009 4.37 +2.0%
2010 4.27 -2.2%
2011 4.18 -2.3%
2012 3.5 -16.3%
2013 3.14 -10.3%
2014 3.1 -1.1%
2015 3.01 -2.9%
2016 3.05 +1.2%
2017 2.81 -7.6%
2018 2.79 -1.0%
2019 2.71 -2.8%
2020 2.86 +5.8%
2021 2.79 -2.7%
2022 2.88 +3.5%
2023 2.67 -7.4%
2024 2.49 -6.8%

Paraguay compared with similar countries

  • Paraguay's 2.49 is below the median for upper middle income countries, which is 2.67, 93% of the median. (35 countries reporting)
  • Paraguay's 2.49 is below the median for Latin America & Caribbean, which is 2.65, 94% of the median. (18 countries reporting)

Biggest year-on-year movements

Years where Prosperity gap 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 +129.2% 3.01 6.9

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.47 3.01 6.9 4
2000s 5.12 4.28 6.82 9
2010s 3.25 2.71 4.27 10
2020s 2.74 2.49 2.88 5

Countries ranked near Paraguay

  1. 60 Mexico 2.54 compare
  2. 61 Tunisia 2.54 compare
  3. 62 Albania 2.51 compare
  4. 64 Panama 2.45 compare
  5. 65 China 2.4 compare
  6. 66 Bolivia 2.38 compare

See the full ranking of 120 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is prosperity gap in Paraguay?
Prosperity gap in Paraguay was 2.49 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest prosperity gap recorded in Paraguay?
The highest recorded value was 6.9 in 1995.
What is the lowest prosperity gap recorded in Paraguay?
The lowest recorded value was 2.49 in 2024.
How does Paraguay rank for prosperity gap?
Paraguay ranks 63rd out of 120 countries with data for 2024.
Is prosperity gap rising or falling in Paraguay?
Over the last ten years it is down 19.7%. 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 Prosperity gap. Statizoid updates them automatically from the source API.

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Prosperity gap 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/prosperity-gap/paraguay/

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About this data

Indicator
Prosperity gap
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

Average factor by which incomes need to be multiplied to bring everyone to the prosperity standard of $28 per person per day.