Total shortfall from extreme poverty in Paraguay
Paraguay: Total shortfall from extreme poverty was 36.76 million international-$ in 2021 prices in 2024. ◆ Volatile
Total shortfall from extreme poverty in Paraguay, 1990–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2024, total shortfall from extreme poverty in Paraguay stood at 36.76 million international-$ in 2021 prices.
Compared with earlier readings it is down 21.3% on the previous year and down 57.3% over ten years.
Over the whole period, total shortfall from extreme poverty in Paraguay peaked at 447.90 million international-$ in 2021 prices in 2002 and was at its lowest, 29.69 million international-$ in 2021 prices, in 2021.
That places Paraguay 70th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 273.53 million international-$ in 2021 prices | 30.60 million international-$ in 2021 prices | 383.03 million international-$ in 2021 prices | 4 |
| 2000s | 255.64 million international-$ in 2021 prices | 149.59 million international-$ in 2021 prices | 447.90 million international-$ in 2021 prices | 9 |
| 2010s | 93.51 million international-$ in 2021 prices | 36.96 million international-$ in 2021 prices | 195.41 million international-$ in 2021 prices | 10 |
| 2020s | 43.13 million international-$ in 2021 prices | 29.69 million international-$ in 2021 prices | 64.48 million international-$ in 2021 prices | 5 |
Countries ranked near Paraguay
- 67 Turkey 39.66 million international-$ in 2021 prices compare
- 68 Austria 39.26 million international-$ in 2021 prices compare
- 69 Georgia 37.23 million international-$ in 2021 prices compare
- 71 France 34.88 million international-$ in 2021 prices compare
- 72 Serbia 34.83 million international-$ in 2021 prices compare
- 73 South Korea 34.39 million international-$ in 2021 prices compare
More poverty & inequality data for Paraguay
- Number of income/consumption surveys in the past decade available via the World Bank 9 surveys (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)
- Tax revenue as share of GDP vs. income inequality 11.3% (2023)
- Gender Inequality Index 0.412 (2023)
- Lifespan inequality: Gini coefficient in women 0.1098 (2023)
- Lifespan inequality: Gini coefficient by sex 0.1098 (2023)
- Lifespan inequality: Gini coefficient in men 0.1341 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 12.0% (2023)
- Income inequality: Atkinson index 0.3457 (2023)
Frequently asked questions
- What is total shortfall from extreme poverty in Paraguay?
- Total shortfall from extreme poverty in Paraguay was 36.76 million international-$ in 2021 prices in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest total shortfall from extreme poverty recorded in Paraguay?
- The highest recorded value was 447.90 million international-$ in 2021 prices in 2002.
- What is the lowest total shortfall from extreme poverty recorded in Paraguay?
- The lowest recorded value was 29.69 million international-$ in 2021 prices in 2021.
- How does Paraguay rank for total shortfall from extreme poverty?
- Paraguay ranks 70th out of 120 countries with data for 2024.
- Is total shortfall from extreme poverty rising or falling in Paraguay?
- Over the last ten years it is down 57.3%. 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 Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.
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About this data
This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.