Economic Indicators
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Source: World Bank 2016GDP US$27.09 GDP per Capita (2015) US$3822 Unemployment 6.9% Inflation 3.9% International Reserves 5.28 Trade Exports: 803347.00 USD Thousands / Imports: 695482.00 USD Thousands
- Paraguay has seen over the last few years, where in 2010 and 2013, Paraguay experienced the greatest economic expansion of the MERCOSUR zone and the highest in South America, with a GDP growth rate of 14.5% and 13.6% respectively, and the ground is ripe for investment.
- Paraguay - International Reserves Data
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Sources: Central Bank of Paraguay
2011 2012 2013 2014 2015 International Reserves (USD) 5.0 5.0 5.9 6.9 6.2
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- Remarkable History of Monetary Stability
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- Paraguay has managed to avoid devaluation of the Guaraní since its inception over 70 years ago, and has always had a favourable global trade balance.
- Index of Economic Freedom
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- Paraguay has a small but relatively open economy and vast natural resources. Driven by agricultural production and foreign trade, the economy has expanded at an average annual rate of 7 percent over the past five years. However, the emergence of a more vibrant private sector remains constrained by institutional weaknesses, and progress on reforming the public sector has been uneven.
