On average, the U.S. has strong institutions, but there is substantial variation between and among the states – even within a federal system.
Read MoreParaguay is 79th in the overall Prosperity Index rankings. Since 2010, Paraguay has moved up the rankings table by 8 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 Social Capital.
Visit our Rankings table to see how Paraguay compares to other countries.