Job Market Overview: Employment Statistics in Paraguay

    Understanding Paraguay's job market is crucial for both job seekers and employers. The country's current employment indicators show:


    Key Metric Current Status
    Total Population 7.132.530 residents
    Employment Rate 57.3% (below OECD average)
    Unemployment Rate 6.9% (moderately competitive market)
    Workforce Size 4.086.940 active workers

    These Paraguay employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 57.3% employment rate suggests moderate job availability across sectors.

    Living & Working in Paraguay: Economic Insights

    Before relocating or applying for jobs in Paraguay, consider these key economic factors:

    Economic Indicator Value Comparison to U.S.
    Average Monthly Salary 713,25 USD 16% of U.S. average (significantly lower)
    Purchasing Power 27.8 moderate compared to U.S. (100)
    Source: World Bank, Numbeo - Last updated May 2025

    With 27.8 purchasing power, salaries in Paraguay provide adequate but budget-conscious lifestyles. The average monthly salary of 713,25 USD is particularly attractive in the Agriculture sector.

    Top Industries & Job Opportunities in PY

    Paraguay's thriving job market spans these key sectors:

    Leading Industry Agriculture (growing at 5% annually)
    Emerging Sector Manufacturing (25% of workforce)
    Service Sector Services (60% of GDP)
    Major Employers Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento (hiring year-round)

    Job seekers should focus on Agriculture for the most opportunities, while Manufacturing offers growth potential. Major companies like Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento frequently post openings for skilled professionals.


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    Working in Paraguay - FAQs

    1. What's the employment situation in Paraguay?

    With a population of 7,132,530 and an employment rate of 57.3%, Paraguay offers a growing job market. The unemployment rate currently stands at 6.9%.

    2. Which are the top companies in Paraguay?

    The leading employers in Paraguay include Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento. These companies offer diverse opportunities across multiple sectors.

    3. How far does salary go in Paraguay?

    The purchasing power ratio in Paraguay is 27.8, meaning cost of living should be carefully considered when evaluating job offers.

    4. How can I find jobs in Paraguay?

    Search our listings filtered for Paraguay. Focus on industries where Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento are active, and consider that the 57.3% employment rate suggests moderate competition for positions.

    5. What should I know about working in Paraguay?

    With Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento as major employers, the job market tends to favor Manufacturing and Services.

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