Paraguay

Official Name:	The Republic of Paraguay
Sovereign Status:	Sovereign Country
Government Type:	Presidential Republic
Official Name (Local Language):	Republica del Paraguay
ISO Country Codes:	PY : PRY
Internet Domain:	.py
Government Web Site:	https://www.paraguay.gov.py/

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UN Location Codes

IATA Airports

Capital:	Asuncion	Main Airports:	Silvio Pettirossi International Airport
Language(s):	Spanish;Guarani	Population:	7,356,409
Currency:	Paraguay Guarani	ISO Currency Code:	PYG
Telephone Dial In:	+595	ID Prefix:	002

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

Community of Democracies; Inter Parliamentary Union; Organizacion de Estados Iberoamericanos; Organization of American States; Pacific Alliance; Secretar a General Iberoamericana; Sistema Economico Latinoamericano; UN; UNESCO; Union Latina; Union of South American Nations;

Travel Guides:

Fodor's Travel; Lonely Planet;

News Resources:

News Agency

Show

MercoPress;

Newspaper

Show

Hoy;

Radio

Show

Emisoras;

Radio Canal 100;

Radio Cardinal;

Radio Nacional del Paraguay;

Radio Nanduti;

Radio Venus;

Paraguay

Government Website:	https://www.paraguay.gov.py/
Sovereign Ratings:	https://countryeconomy.com/ratings/paraguay
Central Bank:	Banco Central del Paraguay
Currency USD Exchange Rate:	7,045 guarani (PYG) per US dollar (2020 est.)
Unemployment Rate:	5.7% (2017 est.)
Population below poverty line:	23.5% (2019 est.)
Inflation Rate:	3.6% (2017 est.)

Prime Lending Rate:	18.10% (2017 - World Bank)
GDP:	$91.759 billion (2021 est.)
GDP Pro Capita (PPP):	$13,700 (2021 est.)
Currency Name:	Paraguay Guarani
Currency Code:	PYG
World Bank Classification:	Upper-Middle-Income Economy

GDP Composition:

Agriculture:	17.1%	cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (manioc, tapioca), fruits, vegetables; beef, pork, eggs, milk; timber
Industry:	27.3%	sugar, cement, textiles, beverages, wood products, steel, base metals, electric power
Services:	55.6%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

Asociacion Latinoamericana de Integracion; FAO; IMF; International Labour Organization; The Cairns Group; Un Economic Commission for Latin America the Caribbean UNIDO; World Bank;

Financial & Economic Profiles:

Countryeconomy; FAO; IMF; Inter American Development Bank; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: Bolsa de Valores y Productos de Asunción ;

National Statistics Office:

National Institute of Statistics (INE);

National Dataset(s):

Focus Economics; Trading Economics;

Paraguay

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	Spanish
Customs & Excise:	Dirección Nacional de Ingresos Tributarios(DNIT)
Development Bank(s):	Development Bank of Latin America; Banco Nacional de Fomento; Inter-American Development Bank;
National Standards Bureau:	Instituto Nacional de Tecnología, Normalización y Metrología (INTN)

Competitive Ind’l Performance: 97/141 (2019)	Corruption Perceptions Index: 137/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 107/136 (2016)
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