This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 7/23/2019

Overview

Paraguay has among the youngest populations in the region; half of the population is younger than 25 years old.  In comparison, this age group’s unemployment rate is twice as high as that of the entire population, while at the same time the country’s growing industrial and service sectors struggle in finding qualified labor.
Since 2004, the number of universities in Paraguay has grown from 21 to 54.  Universities offer mostly undergraduate and graduate programs, with varying levels of quality, and no technical/vocational training.  In March 2019, Paraguay and Taiwan opened the country’s first STEM-focused university to build local expertise in technical fields.

Juntos por la Educacion (Together for Education) was founded in 2012 by over 100 of Paraguay’s largest firms as a response to the need for qualified labor.  In a joint effort with the Education Ministry, this non-governmental organization focuses on training school teachers, capacity building of public employees in education-related institutions and improving the infrastructure at schools. 

Sub-Sector Best Prospects

Vocational/technical training is in high demand in Paraguay.  Both the private and public sector have identified such training as a top priority.  Currently, most businesses provide extensive training for employees, often at a high cost and with inefficient results.  Larger companies often send employees to other countries for basic technical training not readily available in the Paraguayan market.  

Web Resources

Ministry of Education
Technical Planning Secretariat 
NGO Juntos por la Educacion

 
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More Information

Paraguay Education Trade Development and Promotion