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Montevideo, December 15th 2025 - 12:49 UTC

Tag: Paraguay's Central Bank (BCP)

  • Saturday, December 13th 2025 - 08:50 UTC

    Paraguay's economy projected to grow this year above expectations

    Paraguay's economy “is growing due to non-traditional sectors,” Carvallo said

    Paraguay's Central Bank (BCP) significantly revised its economic forecast this week, estimating that the country's Gross Domestic Product (GDP) will expand by 6% by the end of 2025, a sharp increase from the initial 3.8% projection.

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  • Wednesday, April 16th 2025 - 19:13 UTC

    Paraguay's GDP projections revised upwards

    The soybean complex is anticipated to underperform compared to broader economic growth due to adverse weather conditions, according to the BCP forecast

    The Central Bank of Paraguay (BCP) has revised its 2025 GDP growth forecast upward from 3.8% to 4.0%, driven by stronger-than-expected economic activity in early 2025, BCP Chief Economist César Yunis explained. To reach these conclusions, the following issues were taken into consideration:

  • Tuesday, October 22nd 2024 - 20:49 UTC

    IMF foresees prosperous 2024 for Paraguay

    Argentina is at the bottom of the IMF's list, with GDP expected to contract by 3.5%

    According to the International Monetary Fund's (IMF) “World Economic Outlook” report released Tuesday in Washington DC, Paraguay is the country in the region that will grow the most this year with a projected Gross Domestic Product (GDP) of 3.8%, way above South America's 1.8% average. Following Paraguay is Uruguay's 3.2% GDP, with Brazil, Peru, and Venezuela tied at 3%. Argentina ranks at the bottom of the list (-3.5%).