Paraguay vs Germany
Comprehensive comparison of economic, demographic and social indicators
Key Indicators
| Indicator | Paraguay | Germany | Year |
|---|---|---|---|
| GDP (nominal) | $44.46B | $4.69T | 2024 |
| GDP per capita | $6,416 | $56,104 | 2024 |
| Population | 6.9M | 83.5M | 2024 |
| GDP growth rate | 4.25% | -0.50% | 2024 |
| Inflation rate | 3.84% | 2.26% | 2024 |
| Unemployment rate | 4.80% | 3.71% | 2025 |
| Life expectancy | 73.8 years | 80.5 years | 2023 |
| Surface area (sq. km) | 406,752 km2 | 357,680 km2 | 2023 |
Paraguay vs Germany: Analysis
Germany has a larger economy than Paraguay, with a nominal GDP roughly 105.4 times greater based on 2024 data. Paraguay recorded a GDP of $44.46B, while Germany stood at $4.69T.
In terms of GDP per capita, Germany leads over Paraguay. Paraguay has a per capita output of $6,416, compared to $56,104 for Germany.
Germany has a larger population than Paraguay. Paraguay is home to approximately 6.9M people, while Germany has about 83.5M.
By surface area, Paraguay is the larger country. Paraguay covers 406,752 km2, and Germany spans 357,680 km2.
Life expectancy is higher in Germany: 73.8 years in Paraguay versus 80.5 years in Germany. Germany has the lower unemployment rate (Paraguay: 4.80%, Germany: 3.71%). Inflation stands at 3.84% in Paraguay and 2.26% in Germany.
These figures are drawn from World Bank Open Data and reflect the most recent available reporting year for each indicator. For historical trends and additional indicators, explore the individual country profiles on NationStat.
Frequently Asked Questions
Which country has a larger GDP, Paraguay or Germany?
Germany has the larger GDP. Paraguay has a GDP of $44.46B (2024), while Germany has $4.69T (2024). Source: World Bank.
What is the population difference between Paraguay and Germany?
The population difference is approximately 76.6M. Paraguay has 6.9M people (2024), and Germany has 83.5M (2024). Source: World Bank.
Is Paraguay richer than Germany?
By GDP per capita, Germany is wealthier. Paraguay has a GDP per capita of $6,416 (2024), compared to $56,104 for Germany (2024). Source: World Bank.
Which country has higher life expectancy, Paraguay or Germany?
Germany has higher life expectancy. Paraguay: 73.8 years (2023), Germany: 80.5 years (2023). Source: World Bank.
Which country is bigger, Paraguay or Germany?
Paraguay is larger by area. Paraguay covers 406,752 km2, while Germany covers 357,680 km2. Source: World Bank.