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 4080, the country is classified as a higher middle income country. The country's GDP grew in 2016 with 4.1%, and totaled a nominal value of USD 27.4 billion.
Paraguay is ranked at place 106 in the World Bank Doing Business Index, out of 189 countries in total. On Transparency International's corruption perception index, Paraguay is ranked at place 130, out of 167 countries in total.
Norwegian exports to Paraguay in 2016 were NOK 17 million. The same year, Norway imported goods from Paraguay at a value of 3 million.