Paraguay - Market Challenges

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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: 2022-10-17

The 2020 World Economic Forum Global Competitiveness Index ranked 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 2021 Corruption Index ranked Paraguay 128 of 180 countries.