Source
Central bank

Central Bank of Paraguay

International Reserves

US$ 5.873 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 30 billion (2014 estimate)

GDP (Purchasing Power Parity)

49 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
3.8% 4.1% 2.1% 4.8% 5.4% 6.4% -4.0% 13.1%
2011 2012 2013 2014*        
4.3% -1.2% 13.0% 4.8%        

*Estimate

GDP per capita - current prices

US$ 4,274 (2014 estimate)

GDP per capita - PPP

$7,134 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.06% 0.06% 0.05% 0.05% 0.05%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 20.4% 
  • industry: 17.7% 
  • services: 61.9% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
8.3% 3.7% 2.7% 4.7%

*Estimate

Unemployment rate
2011 2012 2013 2014*
5.6% 5.8% 5.4% 5.5%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
15.3% 12.4% 12.6% 15.2% 14.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
1.6% 1.1% -1.4% -1.8% -1.8%

*Estimate   

Government bond ratings

Standard & Poor's: BB

Moody's rating: Ba2

Moody's outlook: POS

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
US$NA US$958.1 million US$962.3 million

*2010 Estimate       **2012 Estimate   

Largest companies in Paraguay

N/A

 
 
Source
Current account balance

US$ -263 million (2013 estimate)

Current account balance by percentage of GDP

-0.888% of GDP (2013 estimate)

Exports as percent of GDP(Exports of goods and services)

49.7% (2013)

(Data released on October 2014)

Shares in world total merchandising export

0.04% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.01% (2012)

(Data were released in March 2014)

Total exports

US$14.700 billion (2013 estimate) 

Export commodities

soybeans, feed, cotton, meat, edible oils, wood, leather

Total imports

US$12.3707 billion (2013 estimate) 

 
 
Source
Import commodities

road vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts

Exports - major partners

Uruguay 17.7%, Brazil 16.4%, Argentina 15.6%, Russia 12% (2012)

Imports - major partners

Brazil 24.2%, China 19.5%, Argentina 18.3%, US 11.5% (2012)

FDI inflows
2011 2012 2013
US$557 million US$480 million US$382 million
FDI outflows
2011 2012 2013  
US$0 million US$0 million US$0 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

 

Overall ranking: 109 out of 189 countries (2013)

Subcategories:

Starting a business: 113 out of 189 countries

Enforcing Contracts: 102 out of 189 countries

Registering Property: 71 out of 189 countries

Getting credit: 86 out of 189 countries

Protecting investors: 68 out of 189 countries

Trading across border: 154 out of 189 countries

Paying Taxes: 125 out of 189 countries

Dealing with Construction Permits: 71 out of 189 countries

Getting Electricity: 50 out of 189 countries

Resolving Insolvency: 152 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

120

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 78 Score: 62.0 (Moderately Free)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-4

Total area

406,752 sq km

Capital

Asuncion

Currency

guarani (PYG)

Government type

constitutional republic

Languages

Spanish (official), Guarani (official)

Religions

Roman Catholic 89.6%, Protestant 6.2%, other Christian 1.1%, other or unspecified 1.9%, none 1.1% (2002 census)

Total population
1990 2000 2010 2014* 2019**
4.089 million 5.346 million 6.451 million 6.914 million 7.544 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
35.6% 42% 55% 59%
Population median age

26.8 years (2014 est.)

Population growth rate

1.19% (2014 est.)

Life expectancy

76.8 years (2014 estimate)

Adult literacy

93.9% (2010 estimate)

% of population living on less than $2 a day

13.2% (2011)

Inequality of wealth distribution (Gini index)

52.42 (2010)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:3 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

104.95% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

23.9% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Asunción: 204th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

0.7124 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World's Best Internet Banks

World's Best Subcustodian Banks

World's Best Banks By Region

World’s Best Foreign Exchange Providers

World's Best Banks

2013

Best of…

Additional Awards