Paraguay - Country Commercial Guide
Market Challenges

Learn about barriers to market entry and local requirements, i.e., things to be aware of when entering the market for this country.

Last published date: 2021-09-26

Paraguay scores at the mid-range or lower in most competitiveness indicators.  The World Bank’s Doing Business 2020 ranks Paraguay 125 out of 190 countries for the ease of doing business.  The 2020 World Economic Forum Global Competitiveness Index ranks Paraguay 97 out of 141 countries.  Judicial insecurity and corruption hinder Paraguay’s investment climate.  Many investors find it difficult to enforce contracts and are frustrated by lengthy bureaucratic procedures, limited transparency and accountability, and impunity.  Transparency International’s 2019 Corruption Index ranked Paraguay 137 of 198 countries.