Government gross debt in Paraguay

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 37.8% 2027: 37.6% 2028: 37.4% 2029: 37.2% 2030: 36.9% 2031: 36.6%

32.0 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	32.0
Jan 1998	22.1
Jan 1997	18.0
Jan 1996	16.8
Jan 1995	17.6
Jan 1994	18.7
Jan 1993	26.6
Jan 1992	34.4
Jan 1991	49.4
Jan 1990	67.0

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt measures the total outstanding liabilities of Paraguay's general government to its creditors. It is usually expressed as a share of GDP to gauge sustainability.

How it's calculated

It is compiled by adding the gross liabilities of general government (debt securities, loans and other liabilities). The reference figure comes from the IMF World Economic Outlook, is annual and is expressed as a percentage of GDP and in absolute guarani terms.

Market implications

Paraguay has low public debt and a fiscal rule that underpin its macroeconomic stability and market access. A sustained rise would affect its risk premium and the assessment of rating agencies, which grant it investment grade.

Limitations

It is a low-frequency figure subject to revision. The ratio depends on nominal GDP, so it can move without any change in the stock, and much of the debt is denominated in foreign currency, more sensitive to the exchange rate.