Poverty gap index at $3 a day in Paraguay

Paraguay: Poverty gap index at $3 a day was 0.5% in 2024. ◆ Volatile

Latest (2024)
0.5%
Change on year
down 22.3%
World rank
60th
of 120 countries
All-time high
7.8%
in 2002
All-time low
0.4%
in 2021
Years of data
28
1990–2024

Poverty gap index at $3 a day in Paraguay, 1990–2024

024681990200720241990: 0.692 %1995: 7.6 %1997: 6.6 %1999: 6.1 %2001: 5.3 %2002: 7.8 %2003: 4.8 %2004: 3.3 %2005: 3.5 %2006: 4.5 %2007: 4.3 %2008: 2.4 %2009: 3 %2010: 3.1 %2011: 2.9 %2012: 1.8 %2013: 1.2 %2014: 1.3 %2015: 1.1 %2016: 0.974 %2017: 0.532 %2018: 0.763 %2019: 0.587 %2020: 0.525 %2021: 0.406 %2022: 0.871 %2023: 0.624 %2024: 0.485 %

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

Analysis

Paraguay recorded 0.5% for poverty gap index at $3 a day in 2024.

The figure is down 22.3% on the previous year and down 62.6% over ten years.

Over the whole period, poverty gap index at $3 a day in Paraguay peaked at 7.8% in 2002 and was at its lowest, 0.4%, in 2021.

Paraguay ranks 60th of 120 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.3% 0.7% 7.6% 4
2000s 4.3% 2.4% 7.8% 9
2010s 1.4% 0.5% 3.1% 10
2020s 0.6% 0.4% 0.9% 5

Countries ranked near Paraguay

  1. 57 Spain 0.6% compare
  2. 58 Japan 0.5% compare
  3. 59 Iran 0.5% compare
  4. 61 Serbia 0.5% compare
  5. 62 Hungary 0.5% compare
  6. 63 Mexico 0.4% compare

See the full ranking of 120 places →

More poverty & inequality data for Paraguay

All data for Paraguay →

Frequently asked questions

What is poverty gap index at $3 a day in Paraguay?
Poverty gap index at $3 a day in Paraguay was 0.5% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty gap index at $3 a day recorded in Paraguay?
The highest recorded value was 7.8% in 2002.
What is the lowest poverty gap index at $3 a day recorded in Paraguay?
The lowest recorded value was 0.4% in 2021.
How does Paraguay rank for poverty gap index at $3 a day?
Paraguay ranks 60th out of 120 countries with data for 2024.
Is poverty gap index at $3 a day rising or falling in Paraguay?
Over the last ten years it is down 62.6%. The long-run trend across the full record is volatile.
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 Poverty gap index at $3 a day. Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty gap index at $3 a day
Unit
%
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, 2,148 data points, 1963–2025
Last refreshed

The poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).