IBOV 168,967 ▲ 0.30% IPSA 10,838 ▲ 0.24% IPC MEX 68,466 ▲ 0.24% MERVAL 3,336,041 ▲ 1.34% COLCAP 2,383.28 ▲ 0.26% BVL PERÚ 58,000.52 ▲ 2.50% USD/BRL5.15▲ 0.80% USD/MXN17.36▲ 0.31% USD/CLP895.25▲ 0.51% USD/COP3,479▲ 1.32% USD/PEN3.38▲ 0.11% USD/ARS1,449▲ 0.52% USD/UYU39.97▲ 0.23% USD/PYG6,069▲ 1.27% USD/BOB6.86▲ 1.38% USD/DOP58.33▼ 0.29% USD/CRC450.55▲ 1.55% USD/GTQ7.62▲ 2.21% USD/HNL26.67▲ 0.47% USD/NIO36.62▲ 0.31% USD/VES600.83▲ 2.41% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 0.26% USD/TTD6.70▲ 0.49% EUR/BRL5.91▼ 0.11% BRENT 76.80 ▼ 3.46% WTI 73.04 ▼ 4.88% IRON ORE 161.91 — — COPPER 6.40 ▼ 1.22% GOLD 4,269 ▼ 2.07% SILVER 66.84 ▼ 5.46% SOY 1,143 ▲ 0.95% CORN 416.50 ▼ 1.07% WHEAT 614.00 ▲ 0.20% COFFEE 273.15 ▼ 1.69% SUGAR 14.12 ▲ 1.95% ORANGE JUICE 149.65 ▲ 0.54% COTTON 79.66 ▲ 3.59% COCOA 4,109 ▼ 0.84% BEEF 247.95 ▼ 3.04% CATTLE 366.30 ▼ 0.31% LITHIUM 82.39 ▼ 0.82% PETR4 37.79 ▼ 2.02% VALE3 79.94 ▲ 0.20% ITUB4 41.20 ▲ 1.88% BBDC4 17.75 ▲ 1.14% ABEV3 16.29 ▲ 0.62% BBAS3 19.59 ▲ 0.93% B3SA3 14.53 ▼ 0.55% WEGE3 45.92 ▲ 4.84% PRIO3 55.93 ▼ 1.43% SUZB3 42.70 ▲ 1.11% RENT3 40.61 ▲ 0.17% AZZA3 16.60 — 0.00% CSAN3 3.45 ▼ 0.58% RAIZ4 0.42 — 0.00% PCAR3 1.76 ▲ 4.76% GMAT3 3.87 ▲ 0.78% PSSA3 52.15 ▲ 1.16% CVCB3 1.31 — 0.00% POSI3 3.79 ▲ 1.61% SLCE3 13.73 ▼ 0.15% NATU3 7.63 ▼ 2.55% BRKM5 8.07 ▼ 3.58% RANI3 7.87 — 0.00% CSNA3 5.54 ▼ 1.60% CMIN3 4.23 ▼ 0.94% USIM5 9.46 ▼ 1.05% GGBR4 22.30 ▼ 2.24% ENEV3 24.16 ▲ 0.33% NEOE3 33.80 — 0.00% CPFE3 43.74 ▲ 0.71% CMIG4 10.68 ▲ 0.38% EQTL3 37.17 ▲ 0.22% LREN3 14.27 ▼ 1.25% VIVT3 33.13 ▲ 0.82% RAIL3 12.46 ▲ 0.08% KLABIN 16.92 ▼ 0.24% RAIA DROGASIL 17.35 ▼ 0.91% RDOR3 33.27 ▲ 0.45% HAPV3 10.88 ▲ 2.84% FLRY3 14.96 ▲ 1.84% SMTO3 14.73 ▼ 5.15% UGPA3 24.64 ▲ 1.86% VBBR3 28.67 ▲ 1.24% BBSE3 39.78 ▲ 1.22% BPAC11 51.19 ▲ 1.59% CURY3 32.78 ▲ 2.82% AERI3 2.26 ▼ 0.44% VIVARA 21.02 ▲ 1.45% COMPASS 24.90 ▼ 0.40% VAMOS 2.71 — 0.00% SANB11 27.26 ▲ 0.66% ASAI3 7.80 — 0.00% SBSP3 27.47 ▲ 0.04% WALMEX 51.61 ▼ 0.35% GMEXICO 212.31 ▼ 1.11% FEMSA 221.50 ▲ 1.50% CEMEX 22.13 ▲ 1.33% GFNORTE 192.12 ▲ 0.53% BIMBO 57.52 ▼ 0.35% TELEVISA 10.46 ▼ 0.48% AMX 22.92 — 0.00% GAP 436.18 ▲ 1.06% ASUR 305.08 ▲ 1.22% OMA 241.75 ▼ 0.24% KOF 188.31 ▲ 1.18% GRUMA 292.90 ▲ 0.14% KIMBER 37.53 ▼ 1.05% SQM-B 72,400 ▼ 2.23% COPEC 6,003 ▲ 0.21% BSANTANDER 73.80 ▲ 1.50% FALABELLA 6,031 ▼ 0.35% ENELAM 76.96 — 0.00% CENCOSUD 2,115 ▲ 0.24% CMPC 1,054 ▼ 1.02% BANCO CHILE 181.99 ▲ 1.67% LATAM AIR 25.04 ▲ 3.13% YPF 75,975 ▼ 0.91% GGAL 8,645 ▲ 3.35% PAMPA 5,185 ▲ 0.58% TXAR 683.00 ▲ 0.59% ALUAR 1,007 ▲ 0.60% TGS 9,500 ▼ 0.52% CEPU 2,398 ▲ 1.05% MIRGOR 16,600 ▼ 1.48% COME 45.23 ▲ 0.47% LOMA NEGRA 3,550 ▼ 0.70% BYMA 314.75 ▲ 0.32% TELECOM ARG 4,248 ▼ 2.91% ECOPETROL 15.57 ▼ 0.64% BANCOLOMBIA 80.26 ▲ 0.40% GRUPO AVAL 5.53 ▼ 0.90% CREDICORP 386.36 ▼ 0.15% SOUTHERN COPPER 191.87 ▲ 0.10% BUENAVENTURA 33.42 ▼ 2.39% MERCADOLIBRE 1,640 ▲ 0.50% NUBANK 12.93 ▲ 0.31% XP 15.51 ▲ 0.58% PAGSEGURO 8.96 ▲ 0.51% STONE 10.93 ▲ 1.49% GLOBANT 32.49 ▼ 6.13% TECNOGLASS 47.00 ▲ 4.14% GAP AIRPORT 251.55 ▲ 1.19% ASUR 305.08 ▲ 1.22% OMA AIRPORT 111.48 ▼ 0.04% AMX ADR 26.45 — 0.00% FEMSA ADR 127.61 ▲ 1.63% CEMEX ADR 12.74 ▲ 1.11% PETROBRAS ADR 16.43 ▼ 2.17% VALE ADR 15.47 ▼ 0.39% ITAU ADR 7.97 ▼ 0.06% SANTANDER BR 5.37 ▼ 0.09% AMBEV ADR 3.15 ▲ 0.16% CSN 1.09 ▼ 2.77% GERDAU 4.35 ▼ 3.23% LATAM ADR 56.16 ▲ 2.97% BTC 63,730 ▼ 1.07% ETH 1,731 ▼ 0.95% SOL 70.96 ▼ 1.35% XRP 1.16 ▼ 2.07% BNB 588.84 ▼ 2.02% ADA 0.16 ▼ 1.01% DOGE 0.08 ▼ 2.21% AVAX 6.62 ▼ 1.95% LINK 8.02 ▼ 0.77% DOT 0.98 ▼ 2.41% LTC 44.03 ▼ 1.85% BCH 205.45 ▼ 3.20% TRX 0.32 ▼ 0.56% XLM 0.25 ▲ 10.48% HBAR 0.08 ▼ 1.03% NEAR 2.26 ▲ 3.91% ATOM 1.83 ▼ 3.59% AAVE 73.31 ▼ 0.60% SELIC 14.25% EMBRAER 80.18 ▲ 1.83% EMBRAER ADR 61.78 ▲ 0.77% JBS 12.15 ▼ 0.59% JBS BDR 62.65 ▲ 0.51% MBRF3 15.54 ▲ 0.26% MBRFY 2.98 ▲ 1.71% INTER 5.60 ▲ 0.72% IBOV 168,967 ▲ 0.30% IPSA 10,838 ▲ 0.24% IPC MEX 68,466 ▲ 0.24% MERVAL 3,336,041 ▲ 1.34% COLCAP 2,383.28 ▲ 0.26% BVL PERÚ 58,000.52 ▲ 2.50% USD/BRL 5.15 ▲ 0.85% USD/MXN 17.37 ▲ 0.35% USD/CLP 895.25 ▲ 0.51% USD/COP 3,479 ▲ 1.31% USD/PEN 3.38 ▲ 0.11% USD/ARS 1,449 ▲ 0.52% USD/UYU 39.97 ▲ 0.23% USD/PYG 6,069 ▲ 1.27% USD/BOB 6.86 ▲ 1.38% USD/DOP 58.33 ▼ 0.29% USD/CRC 450.55 ▲ 1.55% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.67 ▲ 0.47% USD/NIO 36.62 ▲ 0.31% USD/VES 600.83 ▲ 2.41% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 0.26% USD/TTD 6.70 ▲ 0.49% EUR/BRL 5.91 ▼ 0.11% BRENT 76.80 ▼ 3.46% WTI 73.04 ▼ 4.88% IRON ORE 161.91 — — COPPER 6.40 ▼ 1.22% GOLD 4,269 ▼ 2.07% SILVER 66.84 ▼ 5.46% SOY 1,143 ▲ 0.95% CORN 416.50 ▼ 1.07% WHEAT 614.00 ▲ 0.20% COFFEE 273.15 ▼ 1.69% SUGAR 14.12 ▲ 1.95% ORANGE JUICE 149.65 ▲ 0.54% COTTON 79.66 ▲ 3.59% COCOA 4,109 ▼ 0.84% BEEF 247.95 ▼ 3.04% CATTLE 366.30 ▼ 0.31% LITHIUM 82.39 ▼ 0.82% PETR4 37.79 ▼ 2.02% VALE3 79.94 ▲ 0.20% ITUB4 41.20 ▲ 1.88% BBDC4 17.75 ▲ 1.14% ABEV3 16.29 ▲ 0.62% BBAS3 19.59 ▲ 0.93% B3SA3 14.53 ▼ 0.55% WEGE3 45.92 ▲ 4.84% PRIO3 55.93 ▼ 1.43% SUZB3 42.70 ▲ 1.11% RENT3 40.61 ▲ 0.17% AZZA3 16.60 — 0.00% CSAN3 3.45 ▼ 0.58% RAIZ4 0.42 — 0.00% PCAR3 1.76 ▲ 4.76% GMAT3 3.87 ▲ 0.78% PSSA3 52.15 ▲ 1.16% CVCB3 1.31 — 0.00% POSI3 3.79 ▲ 1.61% SLCE3 13.73 ▼ 0.15% NATU3 7.63 ▼ 2.55% BRKM5 8.07 ▼ 3.58% RANI3 7.87 — 0.00% CSNA3 5.54 ▼ 1.60% CMIN3 4.23 ▼ 0.94% USIM5 9.46 ▼ 1.05% GGBR4 22.30 ▼ 2.24% ENEV3 24.16 ▲ 0.33% NEOE3 33.80 — 0.00% CPFE3 43.74 ▲ 0.71% CMIG4 10.68 ▲ 0.38% EQTL3 37.17 ▲ 0.22% LREN3 14.27 ▼ 1.25% VIVT3 33.13 ▲ 0.82% RAIL3 12.46 ▲ 0.08% KLABIN 16.92 ▼ 0.24% RAIA DROGASIL 17.35 ▼ 0.91% RDOR3 33.27 ▲ 0.45% HAPV3 10.88 ▲ 2.84% FLRY3 14.96 ▲ 1.84% SMTO3 14.73 ▼ 5.15% UGPA3 24.64 ▲ 1.86% VBBR3 28.67 ▲ 1.24% BBSE3 39.78 ▲ 1.22% BPAC11 51.19 ▲ 1.59% CURY3 32.78 ▲ 2.82% AERI3 2.26 ▼ 0.44% VIVARA 21.02 ▲ 1.45% COMPASS 24.90 ▼ 0.40% VAMOS 2.71 — 0.00% SANB11 27.26 ▲ 0.66% ASAI3 7.80 — 0.00% SBSP3 27.47 ▲ 0.04% WALMEX 51.61 ▼ 0.35% GMEXICO 212.31 ▼ 1.11% FEMSA 221.50 ▲ 1.50% CEMEX 22.13 ▲ 1.33% GFNORTE 192.12 ▲ 0.53% BIMBO 57.52 ▼ 0.35% TELEVISA 10.46 ▼ 0.48% AMX 22.92 — 0.00% GAP 436.18 ▲ 1.06% ASUR 305.08 ▲ 1.22% OMA 241.75 ▼ 0.24% KOF 188.31 ▲ 1.18% GRUMA 292.90 ▲ 0.14% KIMBER 37.53 ▼ 1.05% SQM-B 72,400 ▼ 2.23% COPEC 6,003 ▲ 0.21% BSANTANDER 73.80 ▲ 1.50% FALABELLA 6,031 ▼ 0.35% ENELAM 76.96 — 0.00% CENCOSUD 2,115 ▲ 0.24% CMPC 1,054 ▼ 1.02% BANCO CHILE 181.99 ▲ 1.67% LATAM AIR 25.04 ▲ 3.13% YPF 75,975 ▼ 0.91% GGAL 8,645 ▲ 3.35% PAMPA 5,185 ▲ 0.58% TXAR 683.00 ▲ 0.59% ALUAR 1,007 ▲ 0.60% TGS 9,500 ▼ 0.52% CEPU 2,398 ▲ 1.05% MIRGOR 16,600 ▼ 1.48% COME 45.23 ▲ 0.47% LOMA NEGRA 3,550 ▼ 0.70% BYMA 314.75 ▲ 0.32% TELECOM ARG 4,248 ▼ 2.91% ECOPETROL 15.57 ▼ 0.64% BANCOLOMBIA 80.26 ▲ 0.40% GRUPO AVAL 5.53 ▼ 0.90% CREDICORP 386.36 ▼ 0.15% SOUTHERN COPPER 191.87 ▲ 0.10% BUENAVENTURA 33.42 ▼ 2.39% MERCADOLIBRE 1,640 ▲ 0.50% NUBANK 12.93 ▲ 0.31% XP 15.51 ▲ 0.58% PAGSEGURO 8.96 ▲ 0.51% STONE 10.93 ▲ 1.49% GLOBANT 32.49 ▼ 6.13% TECNOGLASS 47.00 ▲ 4.14% GAP AIRPORT 251.55 ▲ 1.19% ASUR 305.08 ▲ 1.22% OMA AIRPORT 111.48 ▼ 0.04% AMX ADR 26.45 — 0.00% FEMSA ADR 127.61 ▲ 1.63% CEMEX ADR 12.74 ▲ 1.11% PETROBRAS ADR 16.43 ▼ 2.17% VALE ADR 15.47 ▼ 0.39% ITAU ADR 7.97 ▼ 0.06% SANTANDER BR 5.37 ▼ 0.09% AMBEV ADR 3.15 ▲ 0.16% CSN 1.09 ▼ 2.77% GERDAU 4.35 ▼ 3.23% LATAM ADR 56.16 ▲ 2.97% BTC 63,730 ▼ 1.07% ETH 1,731 ▼ 0.95% SOL 70.96 ▼ 1.35% XRP 1.16 ▼ 2.07% BNB 588.84 ▼ 2.02% ADA 0.16 ▼ 1.01% DOGE 0.08 ▼ 2.21% AVAX 6.62 ▼ 1.95% LINK 8.02 ▼ 0.77% DOT 0.98 ▼ 2.41% LTC 44.03 ▼ 1.85% BCH 205.45 ▼ 3.20% TRX 0.32 ▼ 0.56% XLM 0.25 ▲ 10.48% HBAR 0.08 ▼ 1.03% NEAR 2.26 ▲ 3.91% ATOM 1.83 ▼ 3.59% AAVE 73.31 ▼ 0.60% SELIC 14.25% EMBRAER 80.18 ▲ 1.83% EMBRAER ADR 61.78 ▲ 0.77% JBS 12.15 ▼ 0.59% JBS BDR 62.65 ▲ 0.51% MBRF3 15.54 ▲ 0.26% MBRFY 2.98 ▲ 1.71% INTER 5.60 ▲ 0.72%
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Travel Latin America

No Beaches, No Problem: Paraguay’s Record-Breaking Tourism Boom

By · November 4, 2025 · 3 min read

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In a year when much of Latin America grappled with economic instability and political turbulence, Paraguay has pulled off an unlikely feat: it became the world’s fastest-growing tourist destination.

Between January and September 2025, this landlocked nation of 6.8 million welcomed 2.25 million international visitors—an 84% surge in overnight tourists and a 19% rise in day-trippers compared to 2024.

The secret? The secret lies not in ideological shifts, but in pragmatic, business-friendly policies and a relentless focus on authenticity and high-impact events.

The numbers tell a compelling story. While neighbors like Brazil and Chile saw respectable growth of 48%, Paraguay’s 53% year-on-year increase in arrivals, as reported by the UN World Tourism Organization, positioned it as the global leader in tourism recovery.

Unlike countries relying on beaches or ancient ruins, Paraguay bet on authenticity, safety, and high-profile events. The Pan American Junior Games and the World Rally Championship (WRC) alone injected millions into the economy, drawing athletes, spectators, and global media attention.

No Beaches, No Problem: Paraguay’s Record-Breaking Tourism Boom. (Photo Internet reproduction)
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The Pan American Games, hosted in Asunción, brought over 5,700 foreign visitors and generated $23 million in direct spending, while the WRC Rally—Paraguay’s debut as an official host—attracted 210,000 spectators and projected the country’s image to 800 million viewers worldwide.

This boom didn’t happen by accident. Under the center-right government of President Santiago Peña, Paraguay streamlined visa processes, upgraded infrastructure, and aggressively marketed its unique blend of Guarani culture, Jesuit heritage, and untouched natural beauty.

The result is a tourism sector now described by officials as a “real pillar” of the economy, creating jobs and fostering national pride. The contrast with past decades, marked by isolationist policies and underinvestment, is stark.

Paraguay’s Pragmatic Growth: Tourism and Opportunity

What sets Paraguay apart is its ability to turn limitations into strengths. Without coastlines or towering mountains, it leaned into its reputation as a safe, hospitable, and affordable destination.

Social media campaigns showcasing the country’s rural charm and vibrant traditions resonated with travelers weary of overcrowded hotspots.

Meanwhile, a 51% increase in residency applications signals growing interest from digital nomads and investors, drawn by stability and opportunity.

The success also underscores a broader regional trend: countries embracing market-friendly policies and strategic partnerships are reaping rewards.

While left-wing governments in the region often prioritize ideological projects over practical growth, Paraguay’s pragmatic approach—focusing on events, connectivity, and public-private collaboration—has delivered tangible results.

The tourism sector’s expansion is now driving demand for better roads, hotels, and services, further boosting the economy. Yet challenges remain. Infrastructure outside major cities lags, and sustaining momentum will require more than one-off events.

But for now, Paraguay’s story is a refreshing counterpoint to the region’s usual narratives of decline or unrest. It proves that with the right policies, even the most unassuming nations can punch above their weight.

For travelers, Paraguay offers a rare combination of authenticity and accessibility. For the region, it serves as a reminder that prosperity doesn’t require revolutionary rhetoric—just smart, consistent effort. In a continent too often divided by ideology, Paraguay’s quiet revolution is a model worth watching.

Deep Dive

For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

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