What would a basic income cost in Paraguay?
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Total cost per year
21.9 trillion Paraguayan guaranis
about 2.9 billion US dollars
7.01 million people × 260,000 Paraguayan guaranis a month × 12 months
Compared with
- Government expense (central) (2023)31.1%
- Government revenue (central, excl. grants) (2024)31.5%
- Tax revenue (central government) (2024)51.9%
- GDP (nominal) (2025)5.9%
Paraguay in numbers
Paraguay has a population of 7.01 million (2025) and a GDP of 372 trillion Paraguayan guaranis (about 49.3 billion US dollars) in 2025.
Paying everyone 260,000 Paraguayan guaranis a month would cost 21.9 trillion Paraguayan guaranis a year (about 2.9 billion US dollars), or 5.9% of GDP. That equals 31.1% of central government expense (2023), 31.5% of its revenue (2024), and 51.9% of its tax revenue (2024).
Children only (under 18: 2.35 million) would cost 7.33 trillion Paraguayan guaranis a year (2% of GDP); adults only (18 and over: 4.66 million), 14.5 trillion Paraguayan guaranis (3.9%).
Default amount: 260,000 Paraguayan guaranis a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Paraguayan guaranis with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Government expense and tax revenue
- World Bank: central government expense, revenue excluding grants and tax revenue, % of GDP (GC.XPN.TOTL.GD.ZS, GC.REV.XGRT.GD.ZS, GC.TAX.TOTL.GD.ZS), 2023, 2024
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.