Welcome to your guide to the Paraguay job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Paraguay.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 7,132,530 residents |
| Employment rate | 57.3% |
| Unemployment rate | 6.9%Moderate to higher unemployment – strong, specific skills help you stand out. |
With an unemployment rate of 6.9%, Paraguay has a more balanced labor market. Candidates should highlight specialized skills and experience.
Living & working in Paraguay: salaries and cost of living
Before relocating or applying for jobs in Paraguay, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 713 USD | 16% of the U.S. averagesignificantly lower |
| Purchasing power | 27.8 | weaker (U.S. = 100) |
With a purchasing power index of 27.8, the average monthly salary of 713 USD supports a budget-conscious lifestyle in Paraguay. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in PY
| Leading industry | Agriculture |
| Growth sector | Manufacturing |
| Service sector | Services |
| Major employers | Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento |
Job seekers will usually find the most openings in Agriculture, while Manufacturing offers growth potential.
Working in Paraguay – FAQ
What's the employment situation in Paraguay?
Paraguay has a population of about 7,132,530. The employment rate is 57.3%. The unemployment rate currently stands at 6.9%.
Which are the top companies in Paraguay?
Large employers in Paraguay include Petróleos Paraguayos (Petropar), Itaipú Binacional, Banco Nacional de Fomento.
How far does a salary go in Paraguay?
The purchasing power index for Paraguay is 27.8 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Paraguay?
Browse the latest international openings on Cityjobs and filter by country or remote work. Employers post directly, and you apply with the employer.
Which industries matter most in Paraguay?
Agriculture is the leading industry, while Manufacturing is an important growth sector, alongside Services.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
