Wage bill as a percentage of GDP in Paraguay
Paraguay: Wage bill as a percentage of GDP was 6.7% in 2022. ▲ Rising
Latest (2022)
6.7%
Change on year
down 1.5%
World rank
115th
of 190 countries
All-time high
7.3%
in 2020
All-time low
4.9%
in 2008
Years of data
20
2003–2022
Wage bill as a percentage of GDP in Paraguay, 2003–2022
Source: World Bank.
Analysis
Paraguay recorded 6.7% for wage bill as a percentage of gdp in 2022.
Compared with earlier readings it is down 1.5% on the previous year and down 4.6% over ten years.
Over the whole period, wage bill as a percentage of gdp in Paraguay peaked at 7.3% in 2020 and was at its lowest, 4.9%, in 2008.
That places Paraguay 115th out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.1% | 4.9% | 5.5% | 7 |
| 2010s | 6.5% | 5.3% | 7.0% | 10 |
| 2020s | 6.9% | 6.7% | 7.3% | 3 |
Countries ranked near Paraguay
More reference data data for Paraguay
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3166 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 5.23 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.18 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.6344 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.18 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.06 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5539 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 29.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 38.68 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.45 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Paraguay?
- Wage bill as a percentage of gdp in Paraguay was 6.7% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Paraguay?
- The highest recorded value was 7.3% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Paraguay?
- The lowest recorded value was 4.9% in 2008.
- How does Paraguay rank for wage bill as a percentage of gdp?
- Paraguay ranks 115th out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Paraguay?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).