Ecuador

ECLAC has lowered Paraguay's growth projection to 4.3% in 2026, keeping it among the highest in a region expected to grow 2.2% on average, despite warnings about vulnerabilities due to commodity dependence and structural problems.

The World Bank has kept Paraguay in the upper-middle-income category, a position shared by the majority of South American countries, while Uruguay and Chile are classified as high-income and Bolivia as lower-middle-income.

Paraguayan banana producers warn of a crisis in the sector, which supports over 20,000 families, due to the devaluation of the dollar against the guaraní, which harms exports, and a widespread increase in operational costs.

Paraguay recorded deflation of 0.3% in June, reducing its annual inflation rate to 2.1%, the second lowest in the region, behind only Ecuador.

President Santiago Peña ruled out declaring a holiday on Friday, the 26th, for the Albirroja's match against Australia, scheduled to start at 11 p.m. on Thursday and end in the early hours, but said he is still considering the possibility of holidays if the team advances in the competition.

Paraguay formally joined the Santiago Regional Commitment against Transnational Organized Crime in June 2026, during the 56th General Assembly of the OAS in Panama City, expanding the agreement initially signed by Argentina, Bolivia, Chile, Ecuador, and Peru.

In 2026, Paraguay's apparent labor productivity was US$13,728 per person, placing it below eight Latin American countries, including Brazil, Chile, and Uruguay, and surpassing only Bolivia.

Paraguay ended May with the third-lowest country risk in Latin America and the Caribbean, with an EMBI of 104 basis points, trailing only Uruguay (61 points) and Chile (86 points), according to data from Bloomberg Línea based on the index compiled by J.P. Morgan.