Paraguay's Gross Domestic Product (GDP) went up 4.6% in the first semester of 2024, according to a Central Bank (BCP) report released Monday in Asunción. The document also mentioned an interannual 4.8% surge in the second quarter of 2024, up from 4.3% in the previous quarter. Thus, Paraguay outperformed the 3.8% projections for the first half of this year.
The risk assessment agency Moody's continued to give Paraguay a stable “Ba1” rating at the end of July, despite the current shaky coronavirus economic scenario.