Merchandise trade as a share of gdp reached 61.0% in 2021 in Paraguay, according to the National Statistical Office. This is 15.4% more than in the previous year.
Historically, merchandise trade as a share of GDP in Paraguay reached an all time high of 64.0% in 2005 and an all time low of 14.4% in 1983.
Paraguay has been ranked 78th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.
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