Social contributions in Paraguay
Paraguay: Social contributions was 13.29 trillion current LCU in 2024. ◆ Volatile
Social contributions in Paraguay, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Paraguay stood at 13.29 trillion current LCU. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 97.1% over ten years.
Over the whole period, social contributions in Paraguay peaked at 13.29 trillion current LCU in 2024 and was at its lowest, 1.48 trillion current LCU, in 2005.
That places Paraguay 6th out of 112 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.14 trillion current LCU | 1.48 trillion current LCU | 2.89 trillion current LCU | 5 |
| 2010s | 6.38 trillion current LCU | 3.30 trillion current LCU | 8.78 trillion current LCU | 10 |
| 2020s | 11.49 trillion current LCU | 9.02 trillion current LCU | 13.29 trillion current LCU | 5 |
Countries ranked near Paraguay
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Tax revenue 11.3% (2024)
- Taxes on income, profits and capital gains 16.5% (2024)
- Taxes on goods and services 36.1% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -2.1% (2024)
- Interest payments 10.3% (2024)
- Grants and other revenue 19.9% (2024)
- Interest payments 8.8% (2023)
- Other taxes 1.2% (2024)
Frequently asked questions
- What is social contributions in Paraguay?
- Social contributions in Paraguay was 13.29 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Paraguay?
- The highest recorded value was 13.29 trillion current LCU in 2024.
- What is the lowest social contributions recorded in Paraguay?
- The lowest recorded value was 1.48 trillion current LCU in 2005.
- How does Paraguay rank for social contributions?
- Paraguay ranks 6th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Paraguay?
- Over the last ten years it is up 97.1%. The long-run trend across the full record is volatile.
- Where does this Paraguay data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.