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Paraguay

Best Recruitment Agencies in Paraguay

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Find top recruitment and staffing agencies in Paraguay. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.

Paraguay's

Economic indicators

98

World ranked

Paraguay ranks 98 in the world by current economic output

$43bn

Nominal GDP (US$)

GDP reflects the overall size and economic strength of the country's economy.

14

LATAM ranked

Paraguay is ranked 14 in LATAM by economic output in the region

GDP growth (%)

GDP growth explained

The chart compares how GDP has grown for Paraguay, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.

3.8%

Current rate

▼ 0.8% reduction

Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.

Paraguay's inflation rate

18 weeks

Maternity leave

18 weeks paid maternity (2 pre/postnatal, 16 postpartum) with possible extension; 2 weeks flexible. 14 days paid paternity leave, no extension. No parental leave law in Paraguay.

36 days

Sick leave

Employees get paid sick leave post-36 days of work, with Social Security covering 50% of their past 4 months' wages for up to 26 weeks upon presenting a medical certificate.

Cost of living

Cost of living index explained

The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.

Paraguay's

Labor market

Paraguay vs world population age distribution

7.3m

Population

Paraguay has a population of about 7.3m. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.

41 hrs

Average working full time week

Standard work is 8 hours/day, 40 hours/week, with a possible extension to 48 hours including Saturday. Mandatory overtime pay applies for hours beyond the agreement, not exceeding 3 hours/day or 57 hours/week, with 150% pay for daytime and 200% for nighttime or public holidays.

5.8%

Current percentage

▼ 1% reduction

Paraguay has an unhealthy unemployment rate, suggesting there may be some economic or structural challenges . Between 2022 and 2023, there was a moderate decrease, suggesting a positive shift toward better economic stability and improvement in job availability

Unemployment rate

Paraguay's

Top performing companies and industries

Top industries

  • electric power
  • steel
  • cement

Ratio of males to females (by age)

82 / 60

Male

[ "In Paraguay there is a large gap in participation rates between males and females, indicating significant structural or cultural barriers preventing more equal gender parity." ]

Paraguay's

Religion and ethnicity

Religion

In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.

Ethnicity

In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.