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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.
argentinaperucolombiaECLAC 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.
hondurasargentinaperuH&M has opened its first store in Paraguay, with a second unit scheduled for next week, and confirmed plans to expand to Argentina in 2027, as part of its growth strategy in Latin America.
daniel-erverperuuruguaychileParaguayan President Santiago Peña and Peru's new president, Keiko Fujimori, signed agreements to strengthen bilateral cooperation in security and trade during the Peruvian leader's inauguration.
keiko-fujimorisantiago-penaperuThe Development Bank of Latin America and the Caribbean (CAF) will expand its infrastructure fund manager, CAF Asset Management Corp (CAF-AM), into Paraguay and Peru, following positive results in Uruguay and Colombia, with the aim of attracting private capital for strategic projects.
caf-amuruguaycolombiaperuThe 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.
argentinaperuParaguay 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.
boliviaruben-ramirez-lezcanochileecuadorperuIn 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.
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