Firma manuscrita de César Addario, asesor en estructuración financiera y deuda soberana.

Analysis
In the Media

Análisis estratégico sobre institucionalidad, economía y desarrollo publicados en medios especializados.

The Macro Boom and the Micro Challenge of Informality

Paraguay ended 2025 with a set of economic indicators that few of its neighbors can match. Unemployment in the fourth quarter stood at 3.6 percent, a nine-year low. A net total of 119,000 jobs were created, and the employment rate reached 70.8%. Between 2023 and 2025, the country led the region in formal employment growth, according to the ILO. The Central Bank reports GDP growth of 4.2%. On paper, the numbers add up. At home, not always.

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