How does extreme monetary poverty compare to multidimensional poverty? in Paraguay

Paraguay: How does extreme monetary poverty compare to multidimensional poverty? 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

How does extreme monetary poverty compare to multidimensional poverty? 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

The most recent figure for how does extreme monetary poverty compare to multidimensional poverty? in Paraguay is 2.1%, measured in 2024.

That represents a change of down 12.0% on the previous year and down 50.7% over ten years.

Over the whole period, how does extreme monetary poverty compare to multidimensional poverty? 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.

How does extreme monetary poverty compare to multidimensional poverty? in Paraguay, year by year

Annual values for How does extreme monetary poverty compare to multidimensional poverty? in Paraguay, 1990 to 2024.
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 How does extreme monetary poverty compare to multidimensional poverty? 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 +618.7% 2.5% 18.3%

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%
  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 how does extreme monetary poverty compare to multidimensional poverty? in Paraguay?
How does extreme monetary poverty compare to multidimensional poverty? 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 how does extreme monetary poverty compare to multidimensional poverty? recorded in Paraguay?
The highest recorded value was 19.6% in 2002.
What is the lowest how does extreme monetary poverty compare to multidimensional poverty? recorded in Paraguay?
The lowest recorded value was 1.9% in 2021.
How does Paraguay rank for how does extreme monetary poverty compare to multidimensional poverty??
Paraguay ranks 54th out of 120 countries with data for 2024.
Is how does extreme monetary poverty compare to multidimensional poverty? 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 How does extreme monetary poverty compare to multidimensional poverty?. Statizoid updates them automatically from the source API.

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How does extreme monetary poverty compare to multidimensional poverty? 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/share-extreme-poverty-vs-share-mpi-poor/paraguay/

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About this data

Indicator
How does extreme monetary poverty compare to multidimensional poverty?
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, 2,152 data points, 1963–2025
Last refreshed

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