Paraguay vs Uruguay
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: Uruguay ranks higher
Uruguay scores 66/100 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
Uruguay leads
62
35
Political stability
Uruguay leads
78
42
Business climate
Uruguay leads
68
36
Financial maturity
Uruguay leads
58
52
Growth outlook
52
Macro snapshot
45
GDP (USD bn)
-32.5 bn
77
4.0%
GDP growth (%)
+1.0 pp
3.0%
$6,100
GDP per capita (USD)
-15900.0
$22,000
4.0%
Inflation (%)
-1.5 pp
5.5%
1.2%
FDI (% of GDP)
-1.6 pp
2.8%
36%
Public debt (% of GDP)
-22.0 pp
58%
7.4
Population (M)
+4.0M
3.4
Paraguay: strong sectors
- Agriculture18.0% of GDP55
- Hydroelectric Energy8.0% of GDP48
- Livestock6.0% of GDP42
- Manufacturing10.0% of GDP38
Uruguay: strong sectors
- Renewable Energy4.0% of GDP72
- Agriculture7.0% of GDP68
- Technology5.0% of GDP65
- Tourism6.0% of GDP58
Frequently asked
Which is better for investment: Paraguay or Uruguay?
Our composite investment index gives Paraguay a score of 40/100 and Uruguay a score of 66/100. Uruguay 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 Uruguay?
Risk classification puts Paraguay as caution (Significant risks present - experienced investors with hedging strategies) and Uruguay as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Paraguay or Uruguay?
Paraguay is currently growing at 4.0% per year, vs 3.0% for Uruguay. Paraguay has the faster headline growth rate today.