Paraguay has a population of 6.3 million people, and a land mass of 397 000 km2. Life expectancy is 72 years, and with a per capita GDP of USD 4365, the country is classified as a higher middle income country. The country's GDP grew in 2017 with 0.8%, and totaled a nominal value of USD 29.7 billion.
Paraguay is ranked at place 113 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Paraguay is ranked at place 135, out of 180 countries in total.
Norwegian exports to Paraguay in 2017 were NOK 19 million. The same year, Norway imported goods from Paraguay at a value of 4 million.