Current Account - PY Economic Data | Sigmanomics

Paraguay Current Account

Latest Release

-147.8

Actual

-380

Consensus

PY's Current Account for November 2025 surprised with an actual deficit of -147.80M PYG, significantly better than the estimated -380.00M. This marks a sharp improvement from October's -675.30M, signaling a notable contraction in the deficit. The unexpected narrowing may ease pressure on monetary policy and boost investor confidence going into 2026. Updated 12/30/25

Current Account - PY

Loading chart data...

Economic Calendar - PY Events

Thursday, February 26, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
20:00	PY	Producer Price Index YoY	-	1.2	1.5	1.15	Low
Wednesday, February 25, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
19:05	PY	Producer Price Index YoY	0.2	1.2	1.5	1.15	Low
19:00	PY	Producer Price Index YoY	-	1.2	1.5	1.15	Low
Friday, February 20, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
19:00	PY	Interest Rate Decision	-	5.75	5.75	5.88	Low
Monday, February 16, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
17:00	PY	Consumer Confidence	55.34	51.69	52.1	52.61	Low
Friday, February 13, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
21:00	PY	Consumer Confidence	-	51.69	52.1	52.61	Low
Thursday, February 12, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
17:00	PY	Balance of Trade	-	-121.9	-160	-160.00	Low
Tuesday, February 3, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
17:00	PY	Inflation Rate YoY	2.7	3.1	3	2.65	Low
Friday, January 23, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
20:00	PY	Producer Price Index YoY	-	2.6	2.3	1.95	Low
19:00	PY	Interest Rate Decision	-	6	6	6.13	Low
Friday, January 16, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
17:30	PY	Consumer Confidence	51.69	52.55	52.9	53.41	Low
Tuesday, January 13, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
18:00	PY	Balance of Trade	-	-202.671	-580.2	-580.20	Low
Tuesday, December 30, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
17:30	PY	Inflation Rate YoY	3.1	4.1	4.2	3.85	Low
Friday, December 26, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
18:00	PY	Current Account	-	-675.3	-380	-380.00	Low
Tuesday, December 23, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
19:00	PY	Producer Price Index YoY	2.6	3	3	2.65	Low
17:30	PY	GDP Growth Rate QoQ	-	-5.06	0.5	-0.69	Low
17:00	PY	GDP Growth Rate YoY	6.6	5.9	5.7	6.15	Low
17:00	PY	Producer Price Index YoY	2.6	3	3	2.65	Low
17:00	PY	GDP Growth Rate QoQ	-1.89	-5.06	0.5	-0.69	Low
Monday, December 22, 2025			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
20:00	PY	Interest Rate Decision	6	6	5.75	5.88	Low

Analysis and Forecast

Current Account Deficit Narrows Sharply in Paraguay Paraguay’s Current Account Improves in December Report The Current Account measures the balance of trade, income, and transfers between Paraguay (PY) and the rest of the world, reflecting the country’s net foreign transactions. Fast facts: latest deficit stands at -147.80 million PYG, a significant improvement from previous estimates of -380 million PYG, with the report released on December 30, 2025. Paraguay’s Current Account deficit narrowed sharply in the latest data, signaling a stronger external position than expected. This improvement follows a period of large deficits earlier in the year, suggesting better export performance or reduced import demand. According to a leading economist at Morgan Stanley, “The marked reduction in Paraguay’s Current Account deficit highlights improving trade dynamics and a more balanced external sector, which could ease pressure on the local currency.” This data aligns with broader regional trends of cautious recovery amid shifting global demand and tighter monetary policies worldwide.