exxun.com logo
Evolving xxlarge UNion - thousands of windows on the world - constantly updated
Level1 icon Home   Level1 icon Countries   Level1 icon Flags   Level1 icon Maps   Level1 icon Reference Maps   Level1 icon Newsletter subscription   Level1 icon Advertise with us
Fields icon FieldsWorld Records icon World RecordsWorld Dictionary icon World DictionaryGeographic Names icon Geographic NamesFields History icon Fields History
Chiefs of State - World Leaders icon Chiefs of StateInternational Organizations icon Intl. OrganizationsInternational Environmental Agreement icon Intl. Environmental Agree.Other References icon Other ReferencesNotes and Definitions icon Notes and Definitions
flag
Paraguay
Republica del Paraguay
mapmap
History | Geography | People | Economy | Government | Political Conditions | Foreign Relations | Defense | Ranking | more...
E' facile venire a Ferrara!
Sul portale ufficiale troverete last minute, prezzi, indirizzi, itinerari, informazioni, calendari: tutto sul nostro territorio!
www.ferrarainfo.com
Frigel
We are specialists in finding the best solution for the most different needs in Process Cooling and Temperature Control
www.frigel.com
Gabel
Beauty and well-being: Gabel's philosophy. Beauty in creativity, in style, in the designs that decorate your home.
www.gabelgroup.com
Edixxon.com
Matching interests, your interests can be the same as ours - search them
www.edixxon.com
TranslationUnited States flaggreen arrowSpain flagFrance flagGermany flagItaly flagPortugal flag
Economy - Paraguay

Paraguay has a predominantly agricultural economy, with a struggling commercial sector. There is a large subsistence sector, including sizable urban unemployment and underemployment, and a large underground re-export sector. The country has vast hydroelectric resources, including the world's largest hydroelectric generation facility built and operated jointly with Brazil (Itaip™ Dam), but it lacks significant mineral or petroleum resources. The government welcomes foreign investment in principle and accords national treatment to foreign investors, but widespread corruption is a deterrent. The economy is dependent on exports of soybeans, cotton, grains, cattle, timber, and sugar; electricity generation, and to a decreasing degree on re-exporting to Brazil and Argentina products made elsewhere. It is, therefore, vulnerable to the vagaries of weather and to the fortunes of the Argentine and Brazilian economies.

According to Paraguayan Central Bank (BCP) data, Paraguay's real GDP in 2004 of $7.98 billion (in 1994 dollars) represented an increase of 3.9% from 2003. Data with the new base year was released in 2005. IMF data using the prior base year of 1982 shows real GDP growth of 2.9% in 2004. The per capita GDP rose to $1,173 in current U.S. dollar terms in 2004, but has fallen by more than a third since the peak of $1,793 in 1996. Given the importance of the informal sector, accurate economic measures are difficult to obtain. Paraguay presently maintains a balance-of-payments surplus. It runs a deficit in the trade of goods, but a large surplus in services, reflecting large exports of electricity from Paraguayís two large hydroelectric dams shared with Brazil and Argentina. In 2004, official foreign exchange reserves rose to $1.17 billion, an increase of $184.2 million over 2003, and an increase of almost 50% from 2002 ($582.8 million). Foreign official debt rose slightly to $2.35 billion. Inflation in 2004 dropped to 2.8%, down from 9.3% in 2003 and the lowest rate since 1970.

Agriculture and Commerce

Agricultural activities, most of which are for export, represent about 21.1% of GDP. More than 200,000 families depend on subsistence farming activities and maintain marginal ties to the larger productive sector of the economy. The commercial sector is primarily engaged in the import of goods from Asia and the United States for re-export to neighboring countries. The recorded activities of this sector have declined significantly in recent years, placing a strain on government finances, which depend heavily on taxes on this trade. In general, Paraguayans prefer imported goods, and local industry relies on imported capital goods. The underground economy, which is not included in the national accounts, may equal the formal economy in size. The bulk of underground activity centers on the unregistered sale of imported goods--including computers, sound equipment, cameras, liquor, and cigarettes--to Argentina and Brazil.


This page was last updated on 27 January, 2012

Virtual Library:
for the news subscribe the monthly newsletter

Art: Museo Virtuale d’Arte - La Raccolta della Fondazione Cariplo: dal Classico al Neoclassico, Ottocento e Novecento.
History: Madonna de la Sanitate - 1504: i prodigiosi fatti di Tirano. Storia - Mito - Fede
Search Engine: edixxon.com - matching interests, your interests can be the same as ours - search them.
Art: Louis Poyet - un vero maestro dell'arte della moltiplicazione delle immagini per mezzo della stampa.
Science: Ing. Gianfranco Magrini - Science, Engineering, Transportation, Tunnels, Tubo del Lago di Como, Footballpoint...
Design: Homeware - the best of "made in Italy" and much more..., Brands, Designers, Products.
Electronics: Standard Production - Advanced Electronics - Truth Machine, The world Smallest Radio, Mini Table...
Art: L'antica pittura fabrianese - I restauri delle cappelle gotiche di Fabriano
Food: Di grano antico - Elogio dei Pizzoccheri di Teglio. Con la Ricetta ufficiale dell’Accademia del Pizzocchero di Teglio
Coins: Private Collection by coinpc - World Coins - Medals, Rare and not, more than 700 pics.
Music: Stay Inside - the new frontier of the music - free music, rock, lyrics, song, mp3, download, author, rock.
Art: Mario Radice - Grande esponente dell'astrattismo italiano. Pittore, scultore e cultore di problemi d'architettura.

Search Engine:
excite | yandex | ask | ixquick | bing | imesh | ecocho | links | yahoo | canadaspace | goo | google |

© 2002/2012 exxun.com. All rights reserved. Contact us | Privacy Policy | Please report errors and dead links to Webmaster.