## Paraguay: Staff Report for the 2014 Article IV Consultation

_IMF Staff Country Reports, February 20, 2015_

## Source details

**Canonical URL:** [Paraguay: Staff Report for the 2014 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2014-article-iv-consultation-42707)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2014-article-iv-consultation-42707/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2014-article-iv-consultation-42707/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2014-article-iv-consultation-42707/bundle-manifest.json)

## Bibliographic details
- Published: February 20, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484378472.002

---

### Key findings
- Economic activity in Paraguay has slowed from record-high growth in 2013, but remains buoyant.
- Construction, manufacturing, and services led the expansion in 2014.
- Electricity production declined in 2014.
- Re-exports suffered from weak growth in Brazil.
- Full-year growth is estimated to have slightly exceeded 4 percent.

### Outlook and risks
- Real GDP is projected to remain close to 4 percent in 2015.
- The outlook is clouded by weak trading partner growth and lower export prices.
- Agricultural production is projected to rise only marginally above the high level of 2014.

### Subjects and keywords
- Subjects: Bank deposits; Banking; Credit; Exchange rates; Money; National accounts; PFM legal and regulatory frameworks; Public debt; Public financial management (PFM); Revenue administration
- Keywords: banking system; central bank; central bank of Paraguay; CR; Credit; exchange rate; excl. central bank bank bill; executive board assessment; Global; government foreign-currency receipt; IADB Paraguay; ISCR; PFM legal and regulatory frameworks; South America

---

## Content in this bundle

- **_cr1537**
  - [_cr1537 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr1537.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr1537 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr1537.pdf){rel="external" type="application/pdf"}
- **Cr1537s**
  - [Cr1537s (Markdown version)](/-/media/websites/imf/imported-publications/external/spanish/pubs/ft/scr/2015/_cr1537s.pdf.md){rel="alternate" type="text/markdown"}
  - [Cr1537s (PDF)](/-/media/websites/imf/imported-publications/external/spanish/pubs/ft/scr/2015/_cr1537s.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2014-article-iv-consultation-42707_