The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Paraguay  
Rank: 113 · Score: 21.1  

Basic facts        
Population (millions) 6.8   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 41.9   M&A volume (quartile) Bottom
GDP per capita (US$) 6,178.0   Venture capital investments (quartile) Bottom
GDP growth (per cent) 4.5   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 113 13, 12, 11, 12, 12 21.1
1 Economic Activity 78 36, 48, 33, 35, 47 67.5
2 Depth of Capital Market 110 18, 18, 17, 16, 15 6.9
3 Taxation 18 107, 107, 104, 107, 107 110.7
4 Investor Protection and Corporate Governance 112 13, 12, 12, 13, 13 38.8
5 Human and Social Environment 115 11, 9, 9, 10, 10 18.1
6 Entrepreneurial Opportunities 115 7, 6, 9, 11, 10 21.8


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Paraguay  
Latin America
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Dominican Republic 73.0 12.4 81.5 56.1 25.0 24.3
Bolivia 67.4 13.9 55.5 24.9 17.6 33.4
Guatemala 77.0 6.9 88.9 45.2 21.4 26.1
El Salvador 66.0 6.3 73.1 39.7 23.1 26.5
Paraguay 67.5 6.9 110.7 38.8 18.1 21.8
Nicaragua 59.4 6.9 61.5 34.6 18.0 23.5
Venezuela 64.0 7.9 7.7 8.3 7.2 11.7
Last updated: 4 Nov 2023