P A G E 1
Industries in Paraguay
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TAIPU - the largest
power plant in Paraguay
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In the 1970s industry was largely linked to the success of agriculture because people needed food . With Paraguay ’ s growing population and demand for food , there needed to be a faster more efficient way too farm . That ’ s were the manufacturing industry comes in . It built the tools and machines needed |
for the advancing agriculture . In the 1980s industry mainly consisted of manufacturing and construction . Those industries relied on the advance in agriculture and energy , but when agriculture started rapidly increasing the GDP of industry decreased . Around 2003 , industries in Paraguay had a 25 % |
GDP that continued to increase . Its industries also took up 31 % of the labor force . Currently the pharmaceutical industry is starting to make an impact in the countries GDP . |
GDP — Gross
Domestic Product — The total value of goods produced and services provided in a country during one year .
Cargo Carrier in Asuncion River in Paraguay
The earliest manufacturing industries in Paraguay processed hides and leather from its many cattle and tannin from its Quebracho trees , a hard wooded tree . The manufacturing industry was rapidly growing until WWII , which turned Paraguay into a mainly agriculture country . In 1986 , while industry in Paraguay was declining , the manufacturing industry made up around 16.3 % of the countries GDP and about 13 % of the labor force . This
Manufacturing Industry
made Paraguay one of the least industrialized countries in Latin America . The growth of the manufacturing industry was met with many obstacles such as the costly access to sea ports , small internal markets , the lack of energy production , and smuggling operations . In the late 1980s , the divisions of manufacturing were food , beverages , tobacco , textiles an d clothing related material , wood related products , chemicals , petroleum , and plastics . The most dominant divisions were food , beverages , and tobacco . They accounted for 45 % of industrial activity . In the 1990s , begins a steady growth in the manufacturing industry . By 2000 , manufacturing takes up 11 % of the entire work force . By 2003 , manufacturing makes up 13.6 % of the GDP . It seems like the GDP has decreased and it has , but that doesn ’ t mean that manufacturing has . It just means that other industries and contributors are also thriving .
T R A V E L P A R A G U A Y
Celecia Blyden