Asunción, December 12 (EFE). – Paraguay will end 2025 with economic growth of 6%, an achievement that doubles the average of 2.7% expected in the Latin American region, the Central Bank (BCP) reported this Friday.
BCP President Carlos Carvallo said during a conference to assess the results for 2025 and the outlook for the coming year that the data is “conservative” and “shows a downward bias” as it could be adjusted upwards in the coming weeks.
According to the BCP boss, the secondary and tertiary sectors (industry and services) have been the engine of the country’s economic growth this year.
This development in the “non-traditional” foundations of the Paraguayan economy – such as agribusiness, the country’s source of income – is not due to “a specific external shock”, but rather to the “strong investments” that the country has received in recent years, explained Carvallo.
“We are talking about balanced and virtuous growth,” the official added, while emphasizing the stability of the inflation index, which is expected to end the year at 3.6% and 3.5% through 2026.
Likewise, Carvallo pointed out that Paraguay’s economic performance in 2025 will exceed the country’s best historical results, such as those of the first decade of the 2000s, when the country experienced high commodity prices.
“It is an achievement that has never been seen before in the Paraguayan economy,” emphasized Carvallo.
Likewise, the BCP “conservatively” estimated that Paraguay will grow by 4.2% in 2026, a figure above the 2.2% forecast for the region.
For his part, Paraguayan Economy Minister Carlos Fernández stressed that the country has recorded growth of more than 4% for 28 consecutive months, an extreme figure that, in his opinion, shows that the good economic performance is “not a coincidence”.
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