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Paraguay

Paraguay · PRY · South America

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Paraguay is a landlocked South American nation, known for its hydroelectric power and agricultural exports, particularly soybeans and beef. It faces challenges in infrastructure development and combating corruption, while striving for economic diversification and social inclusion.

Leadership

Santiago Peña

President

GOVERNMENT: Presidential Republic

Pedro Alliana

Rubén Ramírez Lezcano

Carlos Fernández Valdovinos

Economy

GDP

$52.0B

GDP per Capita

$6.8K

GDP Growth

+4.0%

Inflation

4.5%

Unemployment

6.5%

AgricultureHydroelectric PowerManufacturingServices

Trade

Key Exports

SoybeansBeefElectricityMaizeEdible Oils

Key Imports

MachineryVehiclesConsumer GoodsPetroleum ProductsChemicals

Top Partners

BrazilArgentinaChileUSAChina

Headlines (8)

Al JazeeraAug 6

Colombia minister warns of ‘terrorism’ threat at presidential inauguration

Breitbart News NetworkAug 5

Marco Rubio Signs Nuclear Cooperation Deal with Paraguay

Activist PostAug 3

Paraguay and Chill: Second Residency for the Price of a Used Honda

The New Zealand HeraldAug 2

Hayden Paddon to return to WRC gravel in Rally Paraguay

AutosportsAug 2

Paddon secures extra Hyundai WRC outing in 2026

THE WEEKAug 1

Paraguay Goalkeeper Orlando Gill to be signed as experienced upgrade preferred over Senne Lammens?

Republic WorldJul 31

When Is Friendship Day? Know History, Significance And Wishes

Metro.co.ukJul 30