Botswana (82nd) has the third highest new business density in the world, contributing to it ranking first in sub-Saharan Africa for Economic Quality.
Read MoreParaguay is 79th in the overall Prosperity Index rankings. Since 2011, Paraguay has moved up the rankings table by 3 places.
Paraguay performs most strongly in Natural Environment and Social Capital 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.