2021: Doing Business In Paraguay

Doing Business in Paraguay

1. What is the current business climate in your jurisdiction, including major political, economic, and/or legal activities on the horizon in your country that could have a big impact on businesses?

Paraguay is steadily reactivating following the pandemic. For the next few years, banking, infrastructure, and construction will remain the key pillars of economic development. Paraguay has a focused agenda to keep investing in public infrastructure with support from the financial system.

On the other hand, the agro-exporting sector (soy, wheat, corn, and meat products) and the fluvial transport industry remained strong during the pandemic and are also a pillar of Paraguay's economy.