Paraguay
South America · South America
Population
6.93M
GDP (Nominal)
$44.74B
Capital City
Asunción
Currency
PYG (Paraguayan Guaraní)
Avg Salary
$450/mo
Region
South America
Livability Index 2026
30/100
Cost of Living
6/100
Avg Salary
41.6/100
Safety
64.6/100
Healthcare
45/100
Education
63/100
Overall Livability
Institutional Summary
Paraguay is a landlocked South American nation known for its vast agricultural exports and massive hydroelectric power generation. It has become a major hotspot for digital nomads and expats due to its territorial tax system and incredibly easy residency.
Cost of Living
Monthly Rent (1BR)$300
Monthly Groceries$150
Monthly Transport$30
Utilities & Internet$75
Estimated Total Monthly
$550 /person
AI Algorithm Summary
Major Strengths
- • Extremely affordable cost of living
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • Significant safety and crime concerns (Score: 41.6)
Economic Performance
📊 GrowingGDP Per Capita
$6,456
Inflation Rate
3.6%
Unemployment
5.7%
5-Year GDP Trend
Migration & Visa
Temporary Residence (SUACE)
Permanent Residence
Short-Term Business Visa
Visa Difficulty
1/10
PR Eligibility
Permanent residency is easily obtained, typically requiring a deposit or a degree, and can often be fast-tracked for investors
Employment Landscape
Avg Monthly Salary
$450
Trending
Top Performing Industries
Agriculture (Soybeans, Beef)
Hydroelectric Power (Itaipu Dam)
Manufacturing
Retail & Trade
Social Indicators
Life Expectancy
74.3 Yrs
Literacy Rate
94%
Top Universities (QS Rank)
National University of Asunción (UNA)#1201
Compare Paraguay
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