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Paraguay

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

Asunción

Paraguay

Spanish, Guarani

6,861,524

PYG

Guarani

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<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.

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