Poverty Gap reduction (%): All Social Insurance … Insurance extreme in Paraguay
Paraguay: Poverty Gap reduction (%): All Social Insurance … Insurance extreme was 0.6% in 2022. ▲ Rising
Poverty Gap reduction (%) - All Social Insurance -extreme poor in Paraguay, 2007–2022
Source: ASPIRE. Measured in <$2.15 a day.
Analysis
The most recent figure for poverty gap reduction (%) - all social insurance -extreme poor in Paraguay is 0.6%, measured in 2022. That is the lowest value across all 16 years on record.
That represents a change of down 93.6% on the previous year and down 47.0% over ten years.
Over the whole period, poverty gap reduction (%) - all social insurance -extreme poor in Paraguay peaked at 8.9% in 2021 and was at its lowest, 0.6%, in 2022.
That places Paraguay 34th out of 34 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Poverty Gap reduction (%): All Social Insurance … Insurance extreme in Paraguay, year by year
| Year | <$2.15 a day | Change |
|---|---|---|
| 2007 | 2.5% | — |
| 2008 | 7.2% | +191.8% |
| 2009 | 5.7% | -21.7% |
| 2010 | 5.0% | -12.4% |
| 2011 | 5.1% | +3.2% |
| 2012 | 1.1% | -79.1% |
| 2013 | 6.2% | +482.0% |
| 2014 | 3.1% | -49.5% |
| 2015 | 8.8% | +180.2% |
| 2016 | 3.0% | -66.0% |
| 2017 | 6.4% | +113.6% |
| 2018 | 7.6% | +18.7% |
| 2019 | 7.6% | +0.5% |
| 2020 | 7.3% | -4.6% |
| 2021 | 8.9% | +21.7% |
| 2022 | 0.6% | -93.6% |
Paraguay compared with similar countries
- Paraguay's 0.6% is below the median for upper middle income countries, which is 84.9%, 1% of the median. (22 countries reporting)
- Paraguay's 0.6% is below the median for Latin America & Caribbean, which is 24.9%, 2% of the median. (15 countries reporting)
Biggest year-on-year movements
Years where Poverty Gap reduction (%): All Social Insurance … Insurance extreme in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +482.0% | 1.1% | 6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.1% | 2.5% | 7.2% | 3 |
| 2010s | 5.4% | 1.1% | 8.8% | 10 |
| 2020s | 5.6% | 0.6% | 8.9% | 3 |
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 poverty gap reduction (%) - all social insurance -extreme poor in Paraguay?
- Poverty gap reduction (%) - all social insurance -extreme poor in Paraguay was 0.6% in 2022, according to ASPIRE.
- What is the highest poverty gap reduction (%) - all social insurance -extreme poor recorded in Paraguay?
- The highest recorded value was 8.9% in 2021.
- What is the lowest poverty gap reduction (%) - all social insurance -extreme poor recorded in Paraguay?
- The lowest recorded value was 0.6% in 2022.
- How does Paraguay rank for poverty gap reduction (%) - all social insurance -extreme poor?
- Paraguay ranks 34th out of 34 countries with data for 2022.
- Is poverty gap reduction (%) - all social insurance -extreme poor rising or falling in Paraguay?
- Over the last ten years it is down 47.0%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - All Social Insurance -extreme poor (<$2.15 a day). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap reduction due to Social Insurance programs as % of pre-transfer poverty gap