Estonia vs Paraguay
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.
Overall: Estonia ranks higher
Estonia scores 78/100 on our composite investment index, ahead of Paraguay at 40/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
76
Economic strength
Estonia leads
38
82
Political stability
Estonia leads
35
82
Business climate
Estonia leads
42
74
Financial maturity
Estonia leads
36
72
Growth outlook
Estonia leads
52
Macro snapshot
43
GDP (USD bn)
-1.7 bn
45
2.2%
GDP growth (%)
-1.8 pp
4.0%
$32,150
GDP per capita (USD)
+26050.0
$6,100
3.5%
Inflation (%)
-0.5 pp
4.0%
4.5%
FDI (% of GDP)
+3.3 pp
1.2%
20%
Public debt (% of GDP)
-16.2 pp
36%
1.4
Population (M)
-6.0M
7.4
Estonia: strong sectors
- IT & Digital9.8% of GDP88
- Financial Services5.8% of GDP75
- Electronics5.5% of GDP72
- Timber & Wood4.2% of GDP68
Paraguay: strong sectors
- Agriculture18.0% of GDP55
- Hydroelectric Energy8.0% of GDP48
- Livestock6.0% of GDP42
- Manufacturing10.0% of GDP38
Frequently asked
Which is better for investment: Estonia or Paraguay?
Our composite investment index gives Estonia a score of 78/100 and Paraguay a score of 40/100. Estonia ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Estonia a safer market than Paraguay?
Risk classification puts Estonia as safe (Strong fundamentals, stable governance, favorable investment climate) and Paraguay as caution (Significant risks present - experienced investors with hedging strategies).
Which has higher GDP growth: Estonia or Paraguay?
Estonia is currently growing at 2.2% per year, vs 4.0% for Paraguay. Paraguay has the faster headline growth rate today.