Paraguay ended 2025 with 16 banks, maintaining virtually the same number of institutions since 2013 and ranking among Latin America’s smallest banking markets, amid a regional decline from 551 to 524 banks over the period.
México
Pytagua coverage mentioning México.
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.
Paraguay recorded a 46% increase in international tourist arrivals in the first quarter of 2026 compared to the same period the previous year, leading global tourism growth according to the UN Tourism World Tourism Barometer, while South America as a bloc saw a 1% decline in the period.
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.
The Paraguayan national team's qualification for the 2026 World Cup is boosting tourism and consumption in the country, with around 2,000 Paraguayans traveling to the United States on unprecedented charter flights, while sectors such as food, beverages, meat, and retail are bracing for a sharp surge in sales during the Albirroja's matches.
The Paraguayan pork industry is advocating for an end to foot-and-mouth disease vaccination in order to access premium markets such as Japan and South Korea, projecting a surge in exports from 20,000 to 250,000 tons within five years.
On May 30, Palma Street in Asunción will host the second edition of the Palmear Sin Fronteras Fair, bringing together 16 immigrant communities with typical cuisine, artistic performances, and traditional dances in a day of multicultural integration.