Drugs smuggling and money laundering are having a destabilising effect on Paraguay. Although reliance on agriculture is large, the economy is expected to perform better than peers in the long run. Ageing is not an issue and the attractions of Paraguay’s consumer market are growing, although health outcomes are deteriorating. Internet use is on the rise, whilst mobile subscribers are growing, which could benefit online sales. However, innovation is lacking, as is the impetus to roll out 5G.
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