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.

All labels observed (1)

Label Occurrences
Economy of Paraguay canonical 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf national economy
agriculturalExportShare high
agriculturalProduct cassava
corn
cotton
soybeans
sugarcane
wheat
capitalCity Asunción
continent South America
country Paraguay
crossBorderTradePartner Argentina
Brazil
currency Paraguayan guaraní
developmentStatus developing economy
dominantOwnershipPattern concentrated land ownership
economicSystem mixed economy
electricityExportingCountry true
exportOrientation commodity-dependent
fiscalAuthority Ministry of Finance of Paraguay
incomeInequalityLevel high
industrializationLevel low
inequalityIndicator high Gini coefficient
informalEconomyShare large
keyInfrastructure Itaipu Dam
Yacyretá Dam
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
regionalBlocMembership MERCOSUR
UNASUR
tradeCharacteristic re-export hub for goods to Brazil

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Paraguayan guaraní category Economy of Paraguay