
For the first time in its history, Paraguay achieves a BBB- rating from S&P, cementing its status as a safe destination for international investment.
The consistent upward trajectory that led to investment grade status
| Year | Agency | Rating | Outlook |
|---|---|---|---|
| 2018 | S&P | BB | Stable |
| 2019 | S&P | BB | Positive |
| 2021 | S&P | BB+ | Stable |
| 2023 | S&P | BB+ | Positive |
| 2024 | Moody's | Baa3 | Investment Grade |
| 2025 | S&P | BBB- | Investment Grade |
Solid fundamentals that support the classification
4.5%
GDP Growth
2024-2025 projection
3.8%
Inflation
Controlled and stable
35%
Debt/GDP
One of the lowest in the region
US$ 10 bn
International Reserves
Solid coverage
What changes for those investing in Paraguay
Real estate and investments tend to appreciate as the country's risk perception improves
The country attracts more foreign direct investment and institutional funds
Lower financing costs for companies and government, benefiting the whole economy
Increase in infrastructure projects and high-end developments
Greater participation in trade agreements and multinational investments
Recognition by rating agencies validates responsible fiscal management
The timing is unique: Paraguay has just achieved investment grade status and prices don't yet fully reflect this new reality.
Window of Opportunity
Investors who entered early when other countries earned investment grade status saw their assets appreciate 20-40% in the following years.
Take advantage of the moment to diversify your wealth
Investment grade is a rating given by credit rating agencies (S&P, Moody's, Fitch) indicating that a country has low risk of defaulting on its debts. Countries with this rating attract more investment and have access to cheaper financing.
Brazilian investors benefit directly: real estate tends to appreciate, there is more legal certainty, and the stable economic environment protects invested capital. Proximity also makes managing investments easier.
Yes, but Paraguay has shown exemplary fiscal management for decades. Unlike other countries in the region, it maintains consistent fiscal surpluses and low public debt, indicating the rating should hold or improve.
Brazil lost its investment grade rating in 2015 and has not yet recovered it. Paraguay is now rated above Brazil, meaning lower perceived risk for international investors.
Historically, countries that achieve investment grade status see asset appreciation of 20% to 40% in the following years. In Paraguay, especially in Asunción and Ciudad del Este, significant appreciation is expected.
Paraguay has never been so well positioned to receive investment. Talk to our advisors and discover the best opportunities.