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The Netherlands vs Paraguay: Economic Indicators Comparison

The Netherlands with a GDP of $913.7B ranked the 17th largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, the Netherlands and Paraguay ranked 121st vs 50th and 15th vs 104th, respectively.

Gross Domestic Product & Income

StatNetherlandsParaguay
GDP$913.7B$40.5B
GDP growth, 1 year2.5%3.7%
GDP growth, 5-years average2.2%4.2%
Population17.2M6.8M
GDP per capita$53k$5.8k
GDP per capita growth2%2.35%
Purchasing Power Parity conversion factor0.82453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.940.43
GDP per capita, PPP adjusted$56k$13k
GNI, Atlas method$883.2B$39.4B
GNI per capita$51k$5.7k
GNI, PPP adjusted$980.2B$91.9B
GNI per capita, PPP adjusted$57k$13k

Financial system and Human development

StatNetherlandsParaguay
Income Tax Rate52%10%
Corporate Tax Rate25%10%
Inflation, consumer prices1.6%4%
Inflation, GDP deflator2.2%2.1%
Unemployment3.9%4.7%
Economic Freedom Index7763
Personal Freedom Index9.237.3
Human Freedom Index8.497.02
Property Rights Index9044.7
Judical Effectiveness Index73.926.4
Business Freedom Index80.460.9
Fiscal Health Index94.198
Labor Freedom Index60.229
Investment Freedom Index9075
Financial Freedom Index8060
Trade Freedom Index86.475.4
Monetary Freedom Index82.572.5
Government Spending Index45.288.6
Tax Burden Index51.796.1
Government Integrity Index90.129.6
Corruption Perceptions Index8229
Life expectancy at birth, years81.674
Suicide mortality rate, per 100,000 people12.69.5
Mortality caused by road traffic injury, per 100,000 people3.822.7
Intentional homicides, per 100,000 people0.89.3
International tourism, number of arrivals18.8M1.2M

Government debt & reserves

StatNetherlandsParaguay
Central government debt, % of GDP54.4%21.6%
External debt stocks, % of GNIN/A39.9%
External debt stocksN/A$15.8B
Short-term debt, % of total reservesN/A60%
Total debt service, % of exports and primary incomeN/A15.7%
Adjusted net savings including particulate emission damage, % of GNI18.4%14.5%
Gross savings, % of GDP31.9%23.2%
Gross capital formation, % of GDP20.7%22.4%
Total reserves including gold$38.4B$7.7B
Foreign direct investment net inflows-$239.3B$386.9M

Exports, imports and economic structure

StatNetherlandsParaguay
Exports of goods and services, % of GDP84.3%36%
Imports of goods and services, % of GDP73.3%34.4%
Current account balance (balance of payments)$99.1B$8.6M
Revenue excluding grants, % of GDP39.1%17.4%
Grants excluding technical cooperation, BoPN/A$64.1M
Personal remittances received$2.5B$682.9M
Industry including construction value added, % of GDP17.9%33.9%
Agriculture, forestry and fishing value added, % of GDP1.6%10.4%
Charges for the use of intellectual property, payments BoP$41.9B$18.5M
Charges for the use of intellectual property, receipts BoP$35B$114.1M
Expense, % of GDP37.8%15.6%
Government Expenditure, % of GDP42.7%19.5%

Compare with countries close by GDP per capita

Netherlands vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M