Pakistan vs Paraguay: Economic Indicators Comparison

Pakistan with a GDP of $314.6B ranked the 41st largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Pakistan and Paraguay ranked 40th vs 50th and 162nd vs 104th, respectively.

Gross Domestic Product & Income

StatPakistanParaguay
GDP$314.6B$40.5B
GDP growth, 1 year5.2%3.7%
GDP growth, 5-years average4.7%4.2%
Population197M6.8M
GDP per capita$1.5k$5.8k
GDP per capita growth3.68%2.35%
Purchasing Power Parity conversion factor29.32453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.43
GDP per capita, PPP adjusted$5.7k$13k
GNI, Atlas method$337.1B$39.4B
GNI per capita$1.6k$5.7k
GNI, PPP adjusted$1.2T$91.9B
GNI per capita, PPP adjusted$5.9k$13k

Financial system and Human development

StatPakistanParaguay
Income Tax Rate30%10%
Corporate Tax Rate30%10%
Inflation, consumer prices3.9%4%
Inflation, GDP deflator2.5%2.1%
Unemployment3%4.7%
Economic Freedom Index54.863
Personal Freedom Index5.027.3
Human Freedom Index5.447.02
Property Rights Index48.344.7
Judical Effectiveness Index43.226.4
Business Freedom Index54.960.9
Fiscal Health Index40.498
Labor Freedom Index41.329
Investment Freedom Index5575
Financial Freedom Index4060
Trade Freedom Index64.875.4
Monetary Freedom Index72.572.5
Government Spending Index86.888.6
Tax Burden Index80.496.1
Government Integrity Index29.729.6
Corruption Perceptions Index3329
Life expectancy at birth, years66.974
Suicide mortality rate, per 100,000 people2.99.5
Mortality caused by road traffic injury, per 100,000 people14.322.7
Intentional homicides, per 100,000 people4.29.3
International tourism, number of arrivals966k1.2M

Government debt & reserves

StatPakistanParaguay
Central government debt, % of GDP72.1%21.6%
External debt stocks, % of GNI27.6%39.9%
External debt stocks$91B$15.8B
Short-term debt, % of total reserves70.1%60%
Total debt service, % of exports and primary income19.9%15.7%
Adjusted net savings including particulate emission damage, % of GNI12.7%14.5%
Gross savings, % of GDP18.8%23.2%
Gross capital formation, % of GDP16.7%22.4%
Total reserves including gold$11.8B$7.7B
Foreign direct investment net inflows$2.4B$386.9M

Exports, imports and economic structure

StatPakistanParaguay
Exports of goods and services, % of GDP8.8%36%
Imports of goods and services, % of GDP19.7%34.4%
Current account balance (balance of payments)-$19.2B$8.6M
Revenue excluding grants, % of GDPN/A17.4%
Grants excluding technical cooperation, BoP$1.5B$64.1M
Personal remittances received$21.2B$682.9M
Industry including construction value added, % of GDP18%33.9%
Agriculture, forestry and fishing value added, % of GDP22.9%10.4%
Charges for the use of intellectual property, payments BoP$189M$18.5M
Charges for the use of intellectual property, receipts BoP$7M$114.1M
Expense, % of GDPN/A15.6%
Government Expenditure, % of GDP21%19.5%

Compare with countries close by GDP per capita

Pakistan vs

CountryGDP
per capita
Population
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M

Paraguay vs

CountryGDP
per capita
Population
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M