National debt of Paraguay in relation to gross domestic product (GDP) 2029
The ratio of national debt to gross domestic product (GDP) in Paraguay was forecast to continuously decrease between 2024 and 2029 by in total 3.6 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fifth consecutive year to 38.3 percent. Notably, the ratio of national debt to gross domestic product (GDP) was continuously increasing over the past years.
This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Uruguay, Chile, and Argentina.
This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Uruguay, Chile, and Argentina.
