Share in extreme poverty vs. poverty gap index in Paraguay

Paraguay: Share in extreme poverty vs. poverty gap index was 2.1% in 2024. ◆ Volatile

Latest (2024)
2.1%
Change on year
down 12.0%
World rank
54th
of 120 countries
All-time high
19.6%
in 2002
All-time low
1.9%
in 2021
Years of data
28
1990–2024

Share in extreme poverty vs. poverty gap index in Paraguay, 1990–2024

051015201990200720241990: 2.5 %1995: 18.3 %1997: 14.9 %1999: 15 %2001: 13.5 %2002: 19.6 %2003: 13.8 %2004: 10.7 %2005: 10.1 %2006: 14.1 %2007: 12.6 %2008: 7.9 %2009: 9.1 %2010: 9.4 %2011: 8.9 %2012: 6.4 %2013: 4.1 %2014: 4.3 %2015: 4.2 %2016: 4.2 %2017: 2.4 %2018: 3.1 %2019: 2.4 %2020: 2.6 %2021: 1.9 %2022: 3.2 %2023: 2.4 %2024: 2.1 %

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

Analysis

In 2024, share in extreme poverty vs. poverty gap index in Paraguay stood at 2.1%.

The figure is down 12.0% on the previous year and down 50.7% over ten years.

Over the whole period, share in extreme poverty vs. poverty gap index in Paraguay peaked at 19.6% in 2002 and was at its lowest, 1.9%, in 2021.

That places Paraguay 54th out of 120 countries with data for 2024, putting it 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 12.7% 2.5% 18.3% 4
2000s 12.4% 7.9% 19.6% 9
2010s 4.9% 2.4% 9.4% 10
2020s 2.4% 1.9% 3.2% 5

Countries ranked near Paraguay

  1. 51 Nepal 2.4% compare
  2. 52 Uzbekistan 2.3% compare
  3. 53 Kyrgyzstan 2.2% compare
  4. 55 Palestine 2.1% compare
  5. 56 Bolivia 2.1% compare
  6. 57 Mexico 1.6% compare

See the full ranking of 120 places →

More poverty & inequality data for Paraguay

All data for Paraguay →

Frequently asked questions

What is share in extreme poverty vs. poverty gap index in Paraguay?
Share in extreme poverty vs. poverty gap index in Paraguay was 2.1% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share in extreme poverty vs. poverty gap index recorded in Paraguay?
The highest recorded value was 19.6% in 2002.
What is the lowest share in extreme poverty vs. poverty gap index recorded in Paraguay?
The lowest recorded value was 1.9% in 2021.
How does Paraguay rank for share in extreme poverty vs. poverty gap index?
Paraguay ranks 54th out of 120 countries with data for 2024.
Is share in extreme poverty vs. poverty gap index rising or falling in Paraguay?
Over the last ten years it is down 50.7%. 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 Share in extreme poverty vs. poverty gap index. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share in extreme poverty vs. poverty gap index
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

Percentage of population living in households with an income or consumption below $3 per day.