Tag Archive for: South America

Paraguay will be the fastest growing economy in the region

The growth estimate after two years of the pandemic, Paraguay will be one of the economies that will grow the most (PIB) in the region for this 2022, although, according to the forecast, it will be well below 2021, according to the annual report Preliminary Balance of the Economies of the Economic Commission for Latin America and the Caribbean (CEPAL).

“CEPAL projects Paraguay as the second best economy in South America in 2022, with a projection of GDP expansion of 4%”

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Invest in Paraguay

Many investors are unaware of the strong returns offered by investing in Paraguay, one of the most stable markets in Latin America with a recent history of steady growth. This includes an increase in gross domestic product (PIB) of almost five times between 2002 and 2020, even with the pandemic, its economy has the highest growth forecast in the region in 2022, above all Mercosur countries, with similar perspectives. to others at the continental level.

Paraguay has the greatest monetary and financial stability in South America.

In September 2021, the BID president described Paraguay as one of the best countries in Latin America and the Caribbean to do business.

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