Labor productivity vs gdp per capita in Paraguay
Paraguay: Labor productivity vs gdp per capita was 16.36 in 2023. ▲ Rising
Latest (2023)
16.36
Change on year
down 0.5%
World rank
89th
of 130 countries
All-time high
19.07
in 2020
All-time low
9.92
in 2005
Years of data
19
2005–2023
Labor productivity vs gdp per capita in Paraguay, 2005–2023
Source: Our World in Data.
Analysis
Paraguay recorded 16.36 for labor productivity vs gdp per capita in 2023.
The figure is down 0.5% on the previous year and up 6.9% over ten years.
Over the whole period, labor productivity vs gdp per capita in Paraguay peaked at 19.07 in 2020 and was at its lowest, 9.92, in 2005.
That places Paraguay 89th out of 130 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Labor productivity vs gdp per capita in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 9.92 | — |
| 2006 | 10.8 | +8.8% |
| 2007 | 11.24 | +4.1% |
| 2008 | 11.76 | +4.6% |
| 2009 | 13 | +10.6% |
| 2010 | 14.58 | +12.1% |
| 2011 | 15.21 | +4.4% |
| 2012 | 15.23 | +0.1% |
| 2013 | 15.3 | +0.4% |
| 2014 | 16.39 | +7.1% |
| 2015 | 16.19 | -1.2% |
| 2016 | 16.41 | +1.4% |
| 2017 | 16.9 | +3.0% |
| 2018 | 16.71 | -1.2% |
| 2019 | 17.02 | +1.9% |
| 2020 | 19.07 | +12.0% |
| 2021 | 17 | -10.9% |
| 2022 | 16.45 | -3.2% |
| 2023 | 16.36 | -0.5% |
Paraguay compared with similar countries
- Paraguay's 16.36 is below the median for upper middle income countries, which is 20.42, 80% of the median. (38 countries reporting)
- Paraguay's 16.36 is below the median for Latin America & Caribbean, which is 19.38, 84% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.34 | 9.92 | 13 | 5 |
| 2010s | 15.99 | 14.58 | 17.02 | 10 |
| 2020s | 17.22 | 16.36 | 19.07 | 4 |
Countries ranked near Paraguay
More work & labour data for Paraguay
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.23 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2175 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2425 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.2 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9753 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,607 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,290 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,534 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,514 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 9,048 1000 No (2100)
Frequently asked questions
- What is labor productivity vs gdp per capita in Paraguay?
- Labor productivity vs gdp per capita in Paraguay was 16.36 in 2023, according to Our World in Data.
- What is the highest labor productivity vs gdp per capita recorded in Paraguay?
- The highest recorded value was 19.07 in 2020.
- What is the lowest labor productivity vs gdp per capita recorded in Paraguay?
- The lowest recorded value was 9.92 in 2005.
- How does Paraguay rank for labor productivity vs gdp per capita?
- Paraguay ranks 89th out of 130 countries with data for 2023.
- Is labor productivity vs gdp per capita rising or falling in Paraguay?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from Our World in Data, published as part of Labor productivity vs gdp per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).