Imports$12.06 billion (2011 est.)
Exports$10.28 billion (2011 est.)
Inflation rate (consumer prices)8.3% (2011 est.)
Unemployment rate6.6% (2011 est.)
GDP - per capita (PPP)$5,500 (2011 est.)
National product real growth rate14.5% (2010 est.)
Internet users1.105 million (2009)
Telephones - mobile cellular5.915 million (2009)
Population growth rate1.256% (2012 est.)
Population6,541,591 (July 2012 est.)
Paraguay achieved its independence from Spain in 1811.
In the disastrous War of the Triple Alliance (1865-70) - between Paraguay and Argentina, Brazil, and Uruguay - Paraguay lost two-thirds of all adult males and much of its territory.
The country stagnated economically for the next half century....
Landlocked Paraguay has a market economy distinguished by a large informal sector, featuring re-export of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors.
A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis.
Because of the importance of the informal sector, accurate economic measures are difficult to obtain....
This report contains detailed forecasts and analysis for Paraguay, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...