NationsData
Country Comparison

Paraguay vs South Korea

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.

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Paraguay

Latin America & Caribbean

40/ 100Caution
Credit: NRGDP: $45bn
🇰🇷

South Korea

East Asia & Pacific

Leader
80/ 100Safe
Credit: AAGDP: $1,710bn

Overall: South Korea ranks higher

South Korea scores 80/100 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

38

Economic strength

South Korea leads

82

35

Political stability

South Korea leads

78

42

Business climate

South Korea leads

82

36

Financial maturity

South Korea leads

80

52

Growth outlook

South Korea leads

70

Macro snapshot

45

GDP (USD bn)

-1665.5 bn

1,710

4.0%

GDP growth (%)

+1.8 pp

2.2%

$6,100

GDP per capita (USD)

-26900.0

$33,000

4.0%

Inflation (%)

+1.5 pp

2.5%

1.2%

FDI (% of GDP)

0.0 pp

1.2%

36%

Public debt (% of GDP)

-18.0 pp

54%

7.4

Population (M)

-44.6M

52

Paraguay: strong sectors

  • Agriculture18.0% of GDP55
  • Hydroelectric Energy8.0% of GDP48
  • Livestock6.0% of GDP42
  • Manufacturing10.0% of GDP38

South Korea: strong sectors

  • Semiconductors8.0% of GDP95
  • Technology12.0% of GDP90
  • Automotive5.0% of GDP82
  • Manufacturing25.0% of GDP82

Frequently asked

Which is better for investment: Paraguay or South Korea?

Our composite investment index gives Paraguay a score of 40/100 and South Korea a score of 80/100. South Korea ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.

Is Paraguay a safer market than South Korea?

Risk classification puts Paraguay as caution (Significant risks present - experienced investors with hedging strategies) and South Korea as safe (Strong fundamentals, stable governance, favorable investment climate).

Which has higher GDP growth: Paraguay or South Korea?

Paraguay is currently growing at 4.0% per year, vs 2.2% for South Korea. Paraguay has the faster headline growth rate today.

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