Income inequality vs. GDP per capita in Paraguay

Paraguay: Income inequality vs. GDP per capita was 0.4425 in 2024. ▼ Falling

Latest (2024)
0.4425
Change on year
up 0.2%
World rank
14th
of 120 countries
All-time high
0.5814
in 1995
All-time low
0.4084
in 1990
Years of data
28
1990–2024

Income inequality vs. GDP per capita in Paraguay, 1990–2024

00.20.40.61990200720241990: 0.4081995: 0.5811997: 0.5491999: 0.5462001: 0.5462002: 0.5732003: 0.5492004: 0.5232005: 0.5142006: 0.532007: 0.532008: 0.5072009: 0.4912010: 0.512011: 0.5232012: 0.4762013: 0.4792014: 0.5072015: 0.4762016: 0.4792017: 0.4852018: 0.462019: 0.4572020: 0.4352021: 0.4292022: 0.4462023: 0.4422024: 0.442

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

Paraguay recorded 0.4425 for income inequality vs. gdp per capita in 2024.

Compared with earlier readings it is up 0.2% on the previous year and down 12.7% over ten years.

Over the whole period, income inequality vs. gdp per capita in Paraguay peaked at 0.5814 in 1995 and was at its lowest, 0.4084, in 1990.

Paraguay ranks 14th of 120 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 28 years of available data.

Income inequality vs. GDP per capita in Paraguay, year by year

Annual values for Income inequality vs. GDP per capita in Paraguay, 1990 to 2024.
Year Value Change
1990 0.4084 —
1995 0.5814 +42.4%
1997 0.5489 -5.6%
1999 0.5457 -0.6%
2001 0.5463 +0.1%
2002 0.5727 +4.8%
2003 0.5494 -4.1%
2004 0.5226 -4.9%
2005 0.5138 -1.7%
2006 0.5299 +3.1%
2007 0.5304 +0.1%
2008 0.507 -4.4%
2009 0.4915 -3.1%
2010 0.5098 +3.7%
2011 0.5231 +2.6%
2012 0.4763 -8.9%
2013 0.4794 +0.6%
2014 0.507 +5.8%
2015 0.4761 -6.1%
2016 0.479 +0.6%
2017 0.4855 +1.4%
2018 0.4596 -5.3%
2019 0.4565 -0.7%
2020 0.4348 -4.8%
2021 0.4291 -1.3%
2022 0.4459 +3.9%
2023 0.4418 -0.9%
2024 0.4425 +0.2%

Paraguay compared with similar countries

  • Paraguay's 0.4425 is above the median for upper middle income countries, which is 0.3588, 1.2× the median. (35 countries reporting)
  • Paraguay's 0.4425 is below the median for Latin America & Caribbean, which is 0.4447, 99% of the median. (18 countries reporting)

Biggest year-on-year movements

Years where Income inequality vs. GDP per capita 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.

YearChange FromTo
1995 +42.4% 0.4084 0.5814

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5211 0.4084 0.5814 4
2000s 0.5293 0.4915 0.5727 9
2010s 0.4852 0.4565 0.5231 10
2020s 0.4388 0.4291 0.4459 5

Countries ranked near Paraguay

  1. 11 Costa Rica 0.4546 compare
  2. 12 Guatemala 0.4521 compare
  3. 13 Venezuela 0.447 compare
  4. 15 Turkey 0.4368 compare
  5. 16 Ghana 0.4351 compare
  6. 17 Chile 0.4302 compare

See the full ranking of 120 places →

More poverty & inequality data for Paraguay

All data for Paraguay →

Frequently asked questions

What is income inequality vs. gdp per capita in Paraguay?
Income inequality vs. gdp per capita in Paraguay was 0.4425 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest income inequality vs. gdp per capita recorded in Paraguay?
The highest recorded value was 0.5814 in 1995.
What is the lowest income inequality vs. gdp per capita recorded in Paraguay?
The lowest recorded value was 0.4084 in 1990.
How does Paraguay rank for income inequality vs. gdp per capita?
Paraguay ranks 14th out of 120 countries with data for 2024.
Is income inequality vs. gdp per capita rising or falling in Paraguay?
Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
Where does this Paraguay data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Income inequality vs. GDP per capita. Statizoid updates them automatically from the source API.

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Income inequality vs. GDP per capita in Paraguay. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/gini-coefficient-vs-gdp-per-capita-pip/paraguay/

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About this data

Indicator
Income inequality vs. GDP per capita
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.