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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Paraguay

36.0

Moderate · 30+Rank 81 of 192−0.6 against the previous edition · #60 → #81Americas · South America · 5 of 5 sub-indices available
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Rank in its region11 / 35Americas
Rank in its income group24 / 59Upper-middle income
Comparable countriesLiberiaIGE 39.1 · distance 4.7Comparable countriesGhanaIGE 30.1 · distance 6.4

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Landlocked (transit dependence): yes (2026), risk percentile 100.source
  • Import concentration (HHI): 0.64 (2025), risk percentile 100.source
  • Control of corruption (WGI): 27.7 (2025), risk percentile 84.source
  • Terms-of-trade volatility: 23.8 % (2024), risk percentile 72.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints39Effective 25 %
Sanctions18Effective 25 %
Commodity concentration46Effective 20 %
Institutional fragility47Effective 15 %
Sovereign stress37Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

3e36bfc90576e5767b8c56b2aca5c72eaf69e108677fa2807279cfeb50aca49d

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 39.1

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)9 % of GDP · percentile 13
Total chokepoint exposure (2025)12.9 % of GDP · percentile 6
Net energy import dependence (2024)16.7 % · percentile 18
Fuel share of imports (2025)10.6 % · percentile 30
Landlocked (transit dependence) (2026)yes · percentile 100
Logistics performance (LPI) (2022)2.7 · percentile 68

Sanctions · 17.7

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)20 · percentile 48
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)1 · percentile 17
Exposure to sanctioned partners (2023)37.5 · percentile 24

Commodity concentration · 45.6

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2025)0.52 · percentile 42
Import concentration (HHI) (2025)0.64 · percentile 100
Fuel and food share of imports (2025)18.4 % · percentile 10
Natural resource rents (2021)1.4 % of GDP · percentile 5
Terms-of-trade volatility (2024)23.8 % · percentile 72

Institutional fragility · 47.2

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)48.2 · percentile 69
Political stability and absence of violence (WGI) (2025)68 · percentile 37
Government effectiveness (WGI) (2025)47.7 · percentile 60
Control of corruption (WGI) (2025)27.7 · percentile 84
INFORM risk index (2026)3.1 · percentile 22
Battle-related deaths per 100,000 peopleinsufficient data
Intentional homicides per 100,000 people (2023)6.78 · percentile 20
New conflict displacements per 1,000 peopleinsufficient data
Political and security events (90 days) (2026)49.2 · percentile 38
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 37.3

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2024)5.6 months · percentile 65
Current account balance (2025)-2.5 % of GDP · percentile 51
Annual inflation (2025)4 % · percentile 16
Annual depreciation against the dollar (2025)-0.2 % · percentile 35
External debt to GNI (2024)69.7 % · percentile 55
Debt service to exports (2024)11.1 % · percentile 20
Short-term debt to reserves (2024)37.2 % · percentile 29
Broad money to reserves (2024)2.4× · percentile 11
Interest payments to revenue (2024)10.3 % · percentile 37
Intelrift daily country risk (2026)30 · percentile 54