Extreme monetary poverty and multidimensional poverty over time in Paraguay
Paraguay: Extreme monetary poverty and multidimensional poverty over time was 2.1% in 2024. ◆ Volatile
Extreme monetary poverty and multidimensional poverty over time in Paraguay, 1990–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, extreme monetary poverty and multidimensional poverty over time in Paraguay stood at 2.1%.
That represents a change of down 12.0% on the previous year and down 50.7% over ten years.
Over the whole period, extreme monetary poverty and multidimensional poverty over time in Paraguay peaked at 19.6% in 2002 and was at its lowest, 1.9%, in 2021.
Paraguay ranks 54th 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.
Extreme monetary poverty and multidimensional poverty over time in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 2.5% | — |
| 1995 | 18.3% | +618.7% |
| 1997 | 14.9% | -18.6% |
| 1999 | 15.0% | +0.9% |
| 2001 | 13.5% | -10.4% |
| 2002 | 19.6% | +45.4% |
| 2003 | 13.8% | -29.4% |
| 2004 | 10.7% | -22.5% |
| 2005 | 10.1% | -6.2% |
| 2006 | 14.1% | +40.0% |
| 2007 | 12.6% | -10.8% |
| 2008 | 7.9% | -37.0% |
| 2009 | 9.1% | +15.4% |
| 2010 | 9.4% | +2.8% |
| 2011 | 8.9% | -4.7% |
| 2012 | 6.4% | -28.0% |
| 2013 | 4.1% | -36.1% |
| 2014 | 4.3% | +3.7% |
| 2015 | 4.2% | -1.3% |
| 2016 | 4.2% | -1.0% |
| 2017 | 2.4% | -43.0% |
| 2018 | 3.1% | +29.4% |
| 2019 | 2.4% | -20.5% |
| 2020 | 2.6% | +4.6% |
| 2021 | 1.9% | -27.2% |
| 2022 | 3.2% | +73.8% |
| 2023 | 2.4% | -26.0% |
| 2024 | 2.1% | -12.0% |
Paraguay compared with similar countries
- Paraguay's 2.1% is above the median for upper middle income countries, which is 1.6%, 1.3× the median. (35 countries reporting)
- Paraguay's 2.1% is below the median for Latin America & Caribbean, which is 3.1%, 69% of the median. (18 countries reporting)
Biggest year-on-year movements
Years where Extreme monetary poverty and multidimensional poverty over time 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 |
|---|---|---|---|
| 1995 | +618.7% | 2.5% | 18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Paraguay
- Number of income/consumption surveys in the past decade available via the World Bank 9 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 2.42 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,482 kg per hectare (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 revenue as share of GDP vs. income inequality 11.3% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is extreme monetary poverty and multidimensional poverty over time in Paraguay?
- Extreme monetary poverty and multidimensional poverty over time 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 extreme monetary poverty and multidimensional poverty over time recorded in Paraguay?
- The highest recorded value was 19.6% in 2002.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Paraguay?
- The lowest recorded value was 1.9% in 2021.
- How does Paraguay rank for extreme monetary poverty and multidimensional poverty over time?
- Paraguay ranks 54th out of 120 countries with data for 2024.
- Is extreme monetary poverty and multidimensional poverty over time 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 Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $3 per day.