Paraguay vs Venezuela: GDP
GDP over time
- Paraguay
- Venezuela
How they compare
Paraguay currently reports 49.29 billion constant 2015 US$ against 43.31 billion constant 2015 US$ in Venezuela, a difference of 5.98 billion constant 2015 US$.
That makes Paraguay's figure about 1.1 times Venezuela's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Venezuela ahead.
Globally, Paraguay ranks 93rd and Venezuela ranks 96th of 211 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.