Prosperity gap in Paraguay
Paraguay: Prosperity gap was 2.5 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling
Prosperity gap in Paraguay, 1990–2024
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
Paraguay recorded 2.5 average shortfall from a prosperity standard of $28/day for prosperity gap in 2024. That is the lowest value across all 28 years on record.
The figure is down 7.4% on the previous year and down 19.4% over ten years.
Over the whole period, prosperity gap in Paraguay peaked at 6.9 average shortfall from a prosperity standard of $28/day in 1995 and was at its lowest, 2.5 average shortfall from a prosperity standard of $28/day, in 2024.
Paraguay ranks 62nd of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.47 average shortfall from a prosperity standard of $28/day | 3 average shortfall from a prosperity standard of $28/day | 6.9 average shortfall from a prosperity standard of $28/day | 4 |
| 2000s | 5.14 average shortfall from a prosperity standard of $28/day | 4.3 average shortfall from a prosperity standard of $28/day | 6.8 average shortfall from a prosperity standard of $28/day | 9 |
| 2010s | 3.25 average shortfall from a prosperity standard of $28/day | 2.7 average shortfall from a prosperity standard of $28/day | 4.3 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 2.76 average shortfall from a prosperity standard of $28/day | 2.5 average shortfall from a prosperity standard of $28/day | 2.9 average shortfall from a prosperity standard of $28/day | 5 |
Countries ranked near Paraguay
- 59 Jamaica 2.6 average shortfall from a prosperity standard of $28/day compare
- 59 Republic of Moldova 2.6 average shortfall from a prosperity standard of $28/day compare
- 59 Viet Nam 2.6 average shortfall from a prosperity standard of $28/day compare
- 62 Albania 2.5 average shortfall from a prosperity standard of $28/day compare
- 62 Mexico 2.5 average shortfall from a prosperity standard of $28/day compare
- 62 Tunisia 2.5 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Paraguay
- Data deprivation poverty surveys per decade 9 (2025)
- Fertility rate vs the share living in extreme poverty 2.42 (2023)
- Cereal yield vs extreme poverty 4,482 (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 27.88 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 11.33 (2023)
- Tax revenues vs income inequality 11.33 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -1.28 % change on previous year (2023)
- Gender inequality index from the human development report 0.412 (2023)
Frequently asked questions
- What is prosperity gap in Paraguay?
- Prosperity gap in Paraguay was 2.5 average shortfall from a prosperity standard of $28/day in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Paraguay?
- The highest recorded value was 6.9 average shortfall from a prosperity standard of $28/day in 1995.
- What is the lowest prosperity gap recorded in Paraguay?
- The lowest recorded value was 2.5 average shortfall from a prosperity standard of $28/day in 2024.
- How does Paraguay rank for prosperity gap?
- Paraguay ranks 62nd out of 123 countries with data for 2024.
- Is prosperity gap rising or falling in Paraguay?
- Over the last ten years it is down 19.4%. 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. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.