Paraguay vs Poland: Economic Indicators Comparison

Poland with a GDP of $585.7B ranked the 22nd largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Poland and Paraguay ranked 53rd vs 50th and 62nd vs 104th, respectively.

Gross Domestic Product & Income

StatParaguayPoland
GDP$40.5B$585.7B
GDP growth, 1 year3.7%5.1%
GDP growth, 5-years average4.2%4%
Population6.8M38.4M
GDP per capita$5.8k$15k
GDP per capita growth2.35%5.14%
Purchasing Power Parity conversion factor2453.781.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.430.49
GDP per capita, PPP adjusted$13k$32k
GNI, Atlas method$39.4B$535.5B
GNI per capita$5.7k$14k
GNI, PPP adjusted$91.9B$1.1T
GNI per capita, PPP adjusted$13k$30k

Financial system and Human development

StatParaguayPoland
Income Tax Rate10%32%
Corporate Tax Rate10%19%
Inflation, consumer prices4%1.6%
Inflation, GDP deflator2.1%1.2%
Unemployment4.7%3.7%
Economic Freedom Index6369.1
Personal Freedom Index7.38.95
Human Freedom Index7.028.02
Property Rights Index44.763.1
Judical Effectiveness Index26.442.8
Business Freedom Index60.962.6
Fiscal Health Index9892.2
Labor Freedom Index2962
Investment Freedom Index7580
Financial Freedom Index6070
Trade Freedom Index75.486.4
Monetary Freedom Index72.582
Government Spending Index88.648.8
Tax Burden Index96.174.7
Government Integrity Index29.664.6
Corruption Perceptions Index2960
Life expectancy at birth, years7477.9
Suicide mortality rate, per 100,000 people9.516.2
Mortality caused by road traffic injury, per 100,000 people22.79.7
Intentional homicides, per 100,000 people9.30.8
International tourism, number of arrivals1.2M19.6M

Government debt & reserves

StatParaguayPoland
Central government debt, % of GDP21.6%48.4%
External debt stocks, % of GNI39.9%N/A
External debt stocks$15.8BN/A
Short-term debt, % of total reserves60%N/A
Total debt service, % of exports and primary income15.7%N/A
Adjusted net savings including particulate emission damage, % of GNI14.5%10.6%
Gross savings, % of GDP23.2%19.6%
Gross capital formation, % of GDP22.4%20.7%
Total reserves including gold$7.7B$117B
Foreign direct investment net inflows$386.9M$16.7B

Exports, imports and economic structure

StatParaguayPoland
Exports of goods and services, % of GDP36%55.6%
Imports of goods and services, % of GDP34.4%52.2%
Current account balance (balance of payments)$8.6M-$5.8B
Revenue excluding grants, % of GDP17.4%33.6%
Grants excluding technical cooperation, BoP$64.1M$1.4B
Personal remittances received$682.9M$7.1B
Industry including construction value added, % of GDP33.9%28.6%
Agriculture, forestry and fishing value added, % of GDP10.4%2.1%
Charges for the use of intellectual property, payments BoP$18.5M$3.6B
Charges for the use of intellectual property, receipts BoP$114.1M$614M
Expense, % of GDP15.6%34.2%
Government Expenditure, % of GDP19.5%41.3%

Compare with countries close by GDP per capita

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

Poland vs

CountryGDP
per capita
Population
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M