NationsData
Country Comparison

Paraguay vs Turkey

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
🇹🇷

Turkey

Europe & Central Asia

Leader
42/ 100Caution
Credit: B+GDP: $1,130bn

Overall: Turkey ranks higher

Turkey scores 42/100 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

Turkey leads

42

35

Political stability

Paraguay leads

30

42

Business climate

Turkey leads

45

36

Financial maturity

Paraguay leads

35

52

Growth outlook

Turkey leads

58

Macro snapshot

45

GDP (USD bn)

-1085.5 bn

1,130

4.0%

GDP growth (%)

-0.5 pp

4.5%

$6,100

GDP per capita (USD)

-6900.0

$13,000

4.0%

Inflation (%)

-54.0 pp

58.0%

1.2%

FDI (% of GDP)

+0.2 pp

1.0%

36%

Public debt (% of GDP)

+1.0 pp

35%

7.4

Population (M)

-78.6M

86

Paraguay: strong sectors

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

Turkey: strong sectors

  • Tourism5.0% of GDP78
  • Automotive4.0% of GDP72
  • Manufacturing22.0% of GDP68
  • Construction6.0% of GDP55

Frequently asked

Which is better for investment: Paraguay or Turkey?

Our composite investment index gives Paraguay a score of 40/100 and Turkey a score of 42/100. Turkey 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 Turkey?

Risk classification puts Paraguay as caution (Significant risks present - experienced investors with hedging strategies) and Turkey as caution (Significant risks present - experienced investors with hedging strategies).

Which has higher GDP growth: Paraguay or Turkey?

Paraguay is currently growing at 4.0% per year, vs 4.5% for Turkey. Turkey has the faster headline growth rate today.

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