Basic Information about Paraguay
Paraguay is strategically located
Macroeconomic Data
A fairly open economy...
And a recently developed “Maquiladora System”

 

     
 

Basic Information about Paraguay

Population: 6,8 million
Surface area: 406 thousands sq km
Gross Domestic Product (GDP): US$ 9,34 billion
Foreign trade of products: US$ -114 billion

In terms of population Paraguay is:

  • 6 times smaller than Argentina
  • 30 times smaller than Brazil
  • About the size of Indiana

In terms of size Paraguay is:

  • 13 times larger than Belguim
  • 10 times larger than Switzerland
  • 9 times larger than Denmark

Data corresponds to 2007. Source: CIA, The World Factbook 2008

  
     

     
 

Paraguay is strategically located

Paraguay’s location within the MERCOSUR offers opportunities of growth and investment based on the commercial flows between the neighboring markets, with whom it has commercial agreements.

Countries Commercial blocks
Argentina
Brazil
Bolivia		 Southern Cone Common Market (MERCOSUR)

Potential market of 200 million inhabitants

Commercial Agreements
  • Latin American Integration Association (Member)
  • Southern Cone Common Market (Member)
 
     

     
 

macroeconomic data


* Estimated by International Monetary Fund (IMF)
Source: World Economic Outlook, IMF, April 2008


* Estimated by International Monetary Fund (IMF)
Source: World Economic Outlook, IMF, April 2008


Source: CEPAL, Statistical Yearbook for Latin America and the Caribbean, 2007

  
     

     
 

A fairly open economy...


Source: CEPAL, Statistical Yearbook for Latin America and the Caribbean, 2007

  
     

     
 

And a recently developed “Maquiladora System

  • It stimulates the installation of Foreign Companies or the subhiring of local ones.
  • Allows imports of raw materials and machinery under a Temporary Admission Regime (tax exemption).

    • Primary Target: Create value through the reprocessing of raw materials for its later reexport. It combines the privileged geographic location with tax exemptions.

    Source: World Bank. 2002. World Development Indicators