Economy of Paraguay
E652745
The Economy of Paraguay is a developing, landlocked South American economy driven largely by agriculture, hydroelectric power, and informal cross-border trade, with relatively low industrialization and high income inequality.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf | national economy ⓘ |
| agriculturalExportShare | high ⓘ |
| agriculturalProduct |
cassava
ⓘ
corn ⓘ cotton ⓘ soybeans ⓘ sugarcane ⓘ wheat ⓘ |
| capitalCity | Asunción NERFINISHED ⓘ |
| continent | South America ⓘ |
| country | Paraguay NERFINISHED ⓘ |
| crossBorderTradePartner |
Argentina
NERFINISHED
ⓘ
Brazil NERFINISHED ⓘ |
| currency | Paraguayan guaraní NERFINISHED ⓘ |
| developmentStatus | developing economy ⓘ |
| dominantOwnershipPattern | concentrated land ownership ⓘ |
| economicSystem | mixed economy ⓘ |
| electricityExportingCountry | true ⓘ |
| exportOrientation | commodity-dependent ⓘ |
| fiscalAuthority | Ministry of Finance of Paraguay NERFINISHED ⓘ |
| incomeInequalityLevel | high ⓘ |
| industrializationLevel | low ⓘ |
| inequalityIndicator | high Gini coefficient ⓘ |
| informalEconomyShare | large ⓘ |
| keyInfrastructure |
Itaipu Dam
NERFINISHED
ⓘ
Yacyretá Dam NERFINISHED ⓘ |
| keyResource | hydroelectric power ⓘ |
| laborMarketCharacteristic | large informal sector ⓘ |
| landlockedCountry | true ⓘ |
| livestockProduct | beef ⓘ |
| mainSector |
agriculture
ⓘ
hydroelectric power ⓘ informal trade ⓘ services ⓘ |
| majorExport |
beef
ⓘ
corn ⓘ electricity ⓘ soybean products ⓘ soybeans ⓘ wheat ⓘ |
| majorImport |
consumer goods
ⓘ
fuels ⓘ machinery ⓘ manufactured goods ⓘ |
| monetaryAuthority | Central Bank of Paraguay NERFINISHED ⓘ |
| regionalBlocMembership |
MERCOSUR
NERFINISHED
ⓘ
UNASUR NERFINISHED ⓘ |
| tradeCharacteristic | re-export hub for goods to Brazil ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.