Paraguay is a stable well run country with healthy external accounts and public finances. To continue to progress it needs to increase the rate of formality in employment and continue to develop housing and healthcare. A major anomaly in its trade is that China is the single largest source of imports whereas it has minimal exports in the other direction. This situation will only be rectified by switching recognition from Taiwan to China.
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Introduction Paraguay in the 20th centruy GDP growth 1960-2022 GDP USD & PPP Inflation 1960-2023 Exports USD & Current Account Exports & Imports by Product & Destination IMF Data - Current a/c and NIIP Public Debt & deficits State share of GDP Budget revenue & expenditure GDP by sector Health system Pensions systems Employment data Housing stock Electricity generation Population, fertility & life expectancy Homicide rate Commentary Sources