Paraguay
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Paraguay
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Asunción
Paraguay
Spanish, Guarani
6,861,524
PYG
Guarani
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
Paraguay has seen a steady growth in its economy over the past few years. According to the World Bank, the country's GDP grew by 4.2% in 2019, and is projected to grow by 4.3% in 2020. This growth is largely driven by the country's strong agricultural sector, which accounts for nearly one-third of Paraguay's GDP. The country also has a strong manufacturing sector, which contributes around 20% of its GDP. Additionally, Paraguay has seen an increase in foreign direct investment, with the country receiving $1.3 billion in 2019. This has helped to boost the country's economic growth and create jobs. Overall, Paraguay's economy is on a positive trajectory, and the country is well-positioned to continue to grow in the coming years.