The Choppfest in Colonia Independencia If you suddenly come across lederhosen, dirndls, and freshly poured beer in the middle of Paraguay, you have most likely arrived in Colonia Independencia. Every year, this lively German-Paraguayan community hosts the famous Choppfest — proof that German traditions continue to thrive even on the other side of the world. […]
Paraguay’s Infrastructure Boom In 2025, Paraguay is experiencing a remarkable infrastructure investment boom, driven by public-private partnerships (PPP) and international financing programs. During the CAVIALPA Forum 2025 in Asunción, CAF Asset Management (Development Bank of Latin America) highlighted Paraguay as one of the most attractive markets for private infrastructure investment in South America. Major Ongoing […]
Read More… from Paraguay 2025: Billion-Dollar Investments in Infrastructure and Future Projects
Paraguay is a country full of curiosities, surprises, and cultural quirks that even many visitors or outsiders rarely notice. Beyond the well-known facts about hydroelectric power and agriculture, there are even more details about its language, lifestyle, nature, and traditions. 1. Unique National Emblem Paraguay is the only country in the world whose national flag […]
Overview According to updated projections from the Central Bank of Paraguay (BCP), the Ministry of Economy and Finance (MEF), and the Economic Commission for Latin America and the Caribbean (ECLAC), Paraguay is expected to maintain one of the highest growth rates in the region throughout 2025. Key Macroeconomic Indicators (Forecast 2025) Indicator Estimated Value Trend […]
The Economic Map of Paraguay The Central Bank of Paraguay (BCP) has recently released its report Cuentas Regionales Anuales (CRA) 2021–2023, offering the most up-to-date figures on the country’s regional economic performance. The results highlight a strong concentration: just three regions — Central, Asunción, and Alto Paraná — generate 61% of Paraguay’s total GDP. This […]
Read More… from Paraguay’s Regional GDP Distribution – Latest Available Data (2023)
Young people and young adults between the ages of 15 and 29 make up a central part of Paraguayan society. Current figures from the National Institute of Statistics (INE) and other official sources provide a detailed overview: Share of the Population Place of Residence Partnership and Relationship Status Internet Usage Education Work and Employment Health […]
Paraguay often surprises newcomers from Europe: things that are seen as expensive luxuries there are part of everyday life here. From household help and affordable beauty care to accessible medical services, Paraguay offers a cost structure that allows for a comfortable lifestyle without the high income usually required in Europe. Household Help and Domestic Services […]
Read More… from What Is Considered a Luxury in Europe and Often Just Normal in Paraguay
Electromobility in Paraguay – What Progress Has Been Made, and What Do We Know About It? In recent months, different government institutions and energy companies have announced new measures and launched initial projects. Here is an overview of the most relevant developments, as reported by various media outlets. ANDE introduces its own electric vehicles According […]
Read More… from Electromobility in Paraguay: Progress Report
Paraguay continues to impress with an exceptionally low inflation rate, making it one of the most economically stable countries in Latin America. According to the Central Bank of Paraguay (BCP), inflation in August 2025 was only 0.1%, compared to 0.4% in July. This continues Paraguay’s trend of near-zero inflation, with five consecutive months showing virtually […]
A recent joint report by OECD, CEPAL, CIAT and BID (August 2025) confirms: Paraguay ranks second in Latin America with the lowest value-added tax (VAT). While many neighboring countries apply VAT rates between 16% and 21%, Paraguay maintains a standard VAT rate of just 10%. The “Triple 10” System Paraguay is renowned for its “Triple […]
Read More… from Paraguay: The Country with the Second Lowest VAT in Latin America
