As per International Monetary Fund (IMF) 2019 estimates, the GDP (nominal) of Paraguay is USD 42,352 million. This GDP (nominal) is around 0.05% of Entire World’s GDP. Currently (2019), the world rank of Paraguay is 92 in terms of GDP Nominal.
However, as per 2018 estimates by World Bank, the GDP (Nominal) of Paraguay is USD 40,842 million. As per World Bank Estimates, the global rank of Paraguay is 90.
On the other hand, as per 2019 estimates by International Monetary Fund, the GDP (PPP) of Paraguay is USD 97,163 Million. This is 0.07% of World. Paraguay on this basis has a global rank of 85.