The Economic Engine of South America

Investment Grade Stability & Growth.

The Opportunity

Paraguay combines the lowest operational costs in Latin America, the world's cheapest hydroelectric energy, a 10% flat corporate tax, and full Mercosur access. For European companies entering the bloc, it is the obvious base of operations.

Macro Fundamentals

A Beacon of Stability & Growth

While the region faces volatility, Paraguay stands as the fastest-growing economy in South America over the last 60 years, recently achieving Investment Grade status.

6%
GDP Growth
Consistent YoY expansion
Baa3
Investment Grade
Moody's Credit Rating
28
Median Age
Young, growing workforce
#2
Global Happiness
Source: Gallup Global Report
40%
Debt-to-GDP
Lowest leverage in region

Best Business Climate (FGV)

Business Climate Index (Points)

Paraguay160
#1 in South America
Ecuador129
Peru122
Uruguay112
Brazil66
Tax Advantage

The lowest tax burden in Mercosur.

Paraguay's 10% flat corporate income tax is the lowest in the entire Mercosur bloc. Combined with 10% VAT and special regimes like Maquila (1% effective tax for licensed exporters), it creates the most competitive fiscal environment in the region.

Paraguay10%
Flat rate + 8% dividend tax
Argentina25–35%
Progressive rate
Brazil22–34%
Varies by structure
Uruguay25%
Standard rate
1%

Maquila Export Regime

European companies establishing factories in Paraguay to serve Mercosur or other export markets can operate under the Maquila regime at just 1% effective tax. Import raw materials duty-free, export finished goods at minimal cost.

Labor Costs

The lowest labor costs in Mercosur.

A worker in Paraguay costs approximately $550/month including social security — significantly lower than any other Mercosur country.

Paraguay$550
Including social security
Argentina$800+
High payroll taxes
Brazil$900+
Complex labor regulations
Uruguay$1,200+
Highest in Mercosur
Energy

World's cheapest industrial electricity.

Paraguay generates 100% renewable hydroelectric energy from Itaipú and Yacyretá dams. Industrial electricity at ~$0.05/kWh — a fraction of regional competitors.

Paraguay$0.05
Hydroelectric surplus
Argentina$0.08
Subsidized rates
Brazil$0.16
Mixed energy matrix
Uruguay$0.25
Highest in region
Operational Costs

50–70% lower than Buenos Aires or São Paulo.

Commercial rents and land prices 50–70% lower than regional capitals
Low-cost water and utilities thanks to abundant natural resources
Growing infrastructure with improving logistics networks
Affordable professional services and office space
Additional Advantages
Macroeconomic stability — three decades of consistent monetary policy
Full repatriation of profits and capital — no restrictions
Tax exemptions on capital goods imports under investment laws
Strategic location for accessing Brazil and Argentina markets
Growing hub for nearshoring and European investment
Dollar-denominated economy with low inflation
Quality of Life

Pleasant Climate & Environment

Paraguay offers a pleasant warm climate, especially in the transitional seasons of Spring and Autumn. Even winter is mild with an average daily high of 23°C. Summer can be hot, usually in the upper 30s.

Start your Paraguay operation.

We handle everything — from corporate structuring to physical deployment.

Mercosur First — Sovereign Advisory & Capital Deployment