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Paraguays prosperity continues to advance

The ranking of prosperity produced by the Legatum Institute, based in London (United Kingdom), ranks Paraguay 79th in its 2019 edition, with a four-place advance since 2018 and ten steps since 2009. Indicators show that Paraguay is showing a similar advance to those experienced by China and Russia, in the list that assesses the economic and social conditions of 167 countries around the world. According to the work, in South America, Paraguay ranks 7th and is surpassed only by Ecuador in improving its global…

Paraguay’s economy will have the highest growth in the region in 2019

According to the Central Bank of Paraguay, the country will have an expansion of 4% of the gross domestic product and inflation of 4% for 2019 The Central Bank of Paraguay (BCP) announced the prospects for the Paraguayan economy, projecting a 4% expansion of gross domestic product and 4% inflation for 2019. This level of expansion achieves to keep Paraguay among the fastest growing in the region, only behind Bolivia and Peru. The president of BCP, José Cantero, explained that this expansion will be based mainly…

Paraguay is among the best countries to do business in 2019 in the region?

According to Forbes, since 2014, Paraguay’s economy grew at an average rate of 4%, due to strong production and high global prices, while other countries in the region have contracted Chile and Uruguay are still the best countries in South America to do business in 2019, according to a ranking published by the US magazine Forbes. While Paraguay is ranked 5 among the best, according to the table. Thus, over a total of 161 countries analyzed by Forbes on the business possibilities in 2019, Uruguay ranks…

Fitch: Paraguay, only one step away from reaching Investment grade

The Fitch Investment Grading company improved Paraguay’s credit rating so it is now positioned only one category below investment grade. For financial analysts, this consolidates Paraguay’s international image in the investor world. The new rating of Fitch ratings, which was announced yesterday, is Paraguay in “BB +”. In 2017, Moody’s already ranked our country in the same category as its scale, while following two of the investment grades in the latest Standard & Poor’s…
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