Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Private infrastructure investment
Paraguay had a high level of private infrastructure investment as a share of GDP over the last five years, at 1.1%. It has enacted new legislation governing PPPs and turnkey projects aimed at attracting private investment in infrastructure projects.
Value of closed PPP infrastructure deals
The value of privately financed PPP infrastructure projects in Paraguay remains high. Government reforms, a stable financial system and the continued availability of investment opportunities, have all helped attract private investment.
Financial stability
Paraguay's financial system remains stable with solvency indicators in line with the Basel capital requirements. The government has also continued to improve regulation of the sector which should help maintain stability. However, the long-term impact of the COVID-19 pandemic is a concern.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Activity:
Private infrastructure investment
Activity:
Value of closed PPP infrastructure deals
Financial markets:
Financial stability
Opportunities to Grow
Published infrastructure procurement guidelines
Paraguay does not publish guidelines for the procurement of infrastructure projects. Publishing guidelines makes contractors aware of the government’s processes, expectations and requirements, improves transparency and helps the government achieve better value for money.
Transparency in public procurement
Paraguay does not make public procurement notices available online that detail both procurement procedures and shortlisting criteria. A more transparent process could encourage more participation and competition, which drive value for money.
Cost to start a business
According to the World Bank, the cost of starting a business is 52.2% of income per capita. Reducing the cost to start a business could ease the entry of new firms, and increase the appeal of Paraguay to international firms looking to expand.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Procurement:
Published infrastructure procurement guidelines
Procurement:
Transparency in public procurement
Permits:
Cost to start a business
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Paraguay
Upper-middle Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
5,279 USD
Population7.4 million persons
59.8 (0-100 best)
Infrastructure investment6.0% of GDP
Infrastructure gap1.5% of GDP
40.7 USD billion
GDP growth rate1.0%
GDP per capita growth rate-4.1%
Gini coefficient48.8 (0-100 worst)
Gross Government Debt24.0% of GDP
Inflation rate3.5%
Summary credit rating46.0 (0-100 best)
Unemployment rate4.7%
Urbanisation ratio62.0% of total population
Road connectivity76.0 (0-100 best)
2.6 (1-7 best)
Efficiency of air transport services3.5 (1-7 best)
Efficiency of seaport services3.5 (1-7 best)
Electricity access99.0% of population
Electricity supply quality24.9% of output lost
Exposure to unsafe drinking water18.7% of population
Reliability of water supply4.0 (1-7 best)
Digital Adoption Index0.5 (0-1 best)
Mobile-broadband subscriptions57.7 per 100 population
Fixed-broadband Internet subscriptions4.6 per 100 population