BUSINESSJun 22 · 13:44 UTCTHE RIO TIMESCarlos Silva

Paraguay: South America’s Quiet Economic Miracle, Explained

Paraguay experienced 6.5% economic growth in 2025 and is projected to lead South America (excluding oil-rich Guyana) through 2028, per World Bank data. Moody’s and S&P upgraded Paraguay to investment grade in 2024 and December 2025, respectively.

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ParaguayplaceWorld BankorganizationMoody’sorganizationS&PorganizationGuyanaplace

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