Ecuador (85th) is the country in Latin America and the Caribbean where prosperity has improved the most in the last decade. It has improved in all pillars apart from Economic Quality since 2011, including an impressive 21-rank rise in Personal Freedom, driven by major improvements in both Freedom of Speech and Freedom of Assembly.
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.