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Paraguay

Landlocked Paraguay has a market economy distinguished by a large informal sector, featuring reexport of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. On a per capita basis, real income has stagnated at 1980 levels. The economy grew rapidly between 2003 and 2008 as growing world demand ...  More..

Economy of Paraguay
SOURCE: CIA - The World Factbook
Currency Guarani
Fiscal Year 01 January - 31 December
GDP (PPP) $28.27 billion (2009 est.)
GDP (per capita) $4,100 (2009 est.)
Exports $3.167 billion (2009)
Imports $6.497 billion (2009)
Main Industries Sugar, Cement, Textiles, Beverages, Wood Products, Steel, Metallurgic, Electric Power
Exports - Commodities Soybeans, Feed, Cotton, Meat, Edible Oils, Electricity, Wood, Leather
Imports - Commodities Road Vehicles, Consumer Goods, Tobacco, Petroleum Products, Electrical Machinery, Tractors, Chemicals, Vehicle Parts
Exports Partners Brazil 21%, Uruguay 17%, Chile 12%, Argentina 11%, Russia 4% (2009 est.)
Imports Partners China 30%, Brazil 23%, Argentina 16%, US 5% (2009 est.)

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