Paraguay vs Spain
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: Spain ranks higher
Spain scores 76/100 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
Spain leads
74
35
Political stability
Spain leads
78
42
Business climate
Spain leads
74
36
Financial maturity
Spain leads
72
52
Growth outlook
Spain leads
72
Macro snapshot
45
GDP (USD bn)
-1537.1 bn
1,582
4.0%
GDP growth (%)
+1.5 pp
2.5%
$6,100
GDP per capita (USD)
-27180.0
$33,280
4.0%
Inflation (%)
+1.2 pp
2.8%
1.2%
FDI (% of GDP)
-1.6 pp
2.8%
36%
Public debt (% of GDP)
-71.5 pp
108%
7.4
Population (M)
-40.7M
48.1
Paraguay: strong sectors
- Agriculture18.0% of GDP55
- Hydroelectric Energy8.0% of GDP48
- Livestock6.0% of GDP42
- Manufacturing10.0% of GDP38
Spain: strong sectors
- Tourism12.0% of GDP82
- Renewable Energy5.0% of GDP80
- Automotive4.0% of GDP72
- Agriculture3.0% of GDP68
Frequently asked
Which is better for investment: Paraguay or Spain?
Our composite investment index gives Paraguay a score of 40/100 and Spain a score of 76/100. Spain 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 Spain?
Risk classification puts Paraguay as caution (Significant risks present - experienced investors with hedging strategies) and Spain as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: Paraguay or Spain?
Paraguay is currently growing at 4.0% per year, vs 2.5% for Spain. Paraguay has the faster headline growth rate today.