Business Bank Credit Access Statistics in Paraguay (2026)
In 2023, 65% of firms in Paraguay had a bank loan or line of credit, according to World Bank World Development Indicators data. Up from 60.5% in 2017 to 65% in 2023 (+4.5 percentage points). Paraguay ranks #2 of 14 economies in Latin America & Caribbean on this measure, and #10 of 145 globally.
Key Statistics
- Latest value (2023)
- 65% (2023)
- Business Bank Credit Access in Paraguay as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2017
- +4.5 pp (2023)
- Up from 60.5% in 2017 to 65% in 2023 (+4.5 percentage points).
- Earliest value in this dataset (2006)
- 46% (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 46% in 2006 to 65% in 2023.
- Record high (2023)
- 65% (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Paraguay.
- Rank in Latin America & Caribbean
- #2 of 14 (2023)
- Paraguay ranks 2 of 14 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #10 of 145 (2023)
- Paraguay ranks 10 of 145 countries with data globally.
- Latin America & Caribbean average
- 50.8% (2023)
- Paraguay (65%) is above the average of 50.8% across the 14 countries in Latin America & Caribbean with data.
- Firms using banks to finance working capital (% of firms) (2023)
- 46.8% (2023)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2023)
- 34% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Paraguay (2024)
- 81.6% (2024)
- 81.6% of the population in Paraguay used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 6.9 million (2024)
- Paraguay had a population of 6.9 million in 2024 (World Bank); shown for scale only.
Trend, 2006–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 65% | +4.5 pp |
| 2017 | 60.5% | +0.3 pp |
| 2010 | 60.2% | +14.2 pp |
| 2006 | 46% | — |
Frequently asked questions
What share of firms in Paraguay had a bank loan or line of credit?
65% of firms in Paraguay had a bank loan or line of credit in 2023, according to World Bank World Development Indicators data.
How recent is the business bank credit access data for Paraguay?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Paraguay.
Where does the business bank credit access data for Paraguay come from?
The data comes from the World Bank World Development Indicators (indicator IC.FRM.BNKL.ZS). The latest observation for Paraguay is from 2023; the snapshot was retrieved on 2026-06-10.
How has business bank credit access in Paraguay changed over time?
World Bank World Development Indicators data show a rise from 46% in 2006 to 65% in 2023.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .