Economy · Paraguay
Key Facts
—The ambition. Paraguay wants to join the OECD, the club of mostly rich economies, and President Santiago Peña says he wants to do it in record time.
—The growth. The World Bank expects Paraguay to grow about 4.2 percent a year through 2028, the fastest in South America bar oil-rich Guyana, and nearly double the regional pace.
—The seal. Two of the three big agencies now rate Paraguay investment grade: Moody’s since 2024 and S&P since December 2025.







