Total shortfall from extreme poverty in Paraguay

Paraguay: Total shortfall from extreme poverty was 36.76 million international-$ in 2021 prices in 2024. ◆ Volatile

Latest (2024)
36.76 million international-$ in 2021 prices
Change on year
down 21.3%
World rank
70th
of 120 countries
All-time high
447.90 million international-$ in 2021 prices
in 2002
All-time low
29.69 million international-$ in 2021 prices
in 2021
Years of data
28
1990–2024

Total shortfall from extreme poverty in Paraguay, 1990–2024

0100.0M200.0M300.0M400.0M1990200720241990: 30.6M international-$ in 2021 prices1995: 383.0M international-$ in 2021 prices1997: 344.1M international-$ in 2021 prices1999: 336.4M international-$ in 2021 prices2001: 298.3M international-$ in 2021 prices2002: 447.9M international-$ in 2021 prices2003: 278.8M international-$ in 2021 prices2004: 193.9M international-$ in 2021 prices2005: 209.3M international-$ in 2021 prices2006: 272.2M international-$ in 2021 prices2007: 262.1M international-$ in 2021 prices2008: 149.6M international-$ in 2021 prices2009: 188.9M international-$ in 2021 prices2010: 195.4M international-$ in 2021 prices2011: 186.2M international-$ in 2021 prices2012: 119.1M international-$ in 2021 prices2013: 78.1M international-$ in 2021 prices2014: 86.0M international-$ in 2021 prices2015: 71.1M international-$ in 2021 prices2016: 66.7M international-$ in 2021 prices2017: 37.0M international-$ in 2021 prices2018: 53.7M international-$ in 2021 prices2019: 41.9M international-$ in 2021 prices2020: 38.0M international-$ in 2021 prices2021: 29.7M international-$ in 2021 prices2022: 64.5M international-$ in 2021 prices2023: 46.7M international-$ in 2021 prices2024: 36.8M international-$ in 2021 prices

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

DecadeAverage LowestHighest 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

  1. 67 Turkey 39.66 million international-$ in 2021 prices compare
  2. 68 Austria 39.26 million international-$ in 2021 prices compare
  3. 69 Georgia 37.23 million international-$ in 2021 prices compare
  4. 71 France 34.88 million international-$ in 2021 prices compare
  5. 72 Serbia 34.83 million international-$ in 2021 prices compare
  6. 73 South Korea 34.39 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Paraguay

All data for Paraguay →

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

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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

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.