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15-64 years: 65.4% (male 2,121,632/female 2,100,740)
65 years and over: 6.1% (male 183,440/female 211,663) (2011 est.)
conventional short form: Paraguay
local long form: Republica del Paraguay
local short form: Paraguay
over 3,047 m: 3
1,524 to 2,437 m: 7
914 to 1,523 m: 5 (2012)
On a per capita basis, real income has stagnated at 1980 levels. Most observers attribute Paraguay’s poor economic performance to political uncertainty, corruption, limited progress on structural reform, and deficient infrastructure. The economy rebounded between 2003 and 2007, posting modest growth each year. Growing world demand for commodities combined with high prices and favourable weather to support Paraguay’s commodity-based export expansion.
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