Uruguay (38th) is the most prosperous country in Latin America and the Caribbean, ranking 16th in the world for Personal Freedom and 28th for Governance. More than 90% of survey respondents were satisfied with their degree of freedom to choose what to do with their lives.
Read MoreParaguay is 76th in the overall Prosperity Index rankings. Since 2011, Paraguay has moved down the rankings table by 1 place.
Paraguay performs most strongly in Social Capital and Natural Environment but is weakest in Enterprise Conditions. The biggest improvement compared to a decade ago came in Investment Environment.
Visit our Rankings table to see how Paraguay compares to other countries.