Religion in Paraguay the Alto Parana department, the capital of which is Ciudad del Este. There are also communities in Asunción and Itapua (the capital of which is Encarnación). As in other parts of Latin America, many of these are descended from immigrants from Syria and Lebanon, though some may also be from Bangladesh and Pakistan The Bahá'í Faith in Paraguay begins after `Abdu'l-Bahá, then head of the religion, mentioned the country in 1916. Paraguayan Maria Casati was the first to join the religion in 1939 when living in Buenos Aires. The first pioneer to settle in Paraguay was Elizabeth Cheney late in
Economy of Paraguay Economy of Paraguay Paraguay has a market economy highly dependent on agriculture products. In recent years, the economy has grown as a result of increased agricultural exports, especially soybeans. Paraguay has the economic advantages of a young population and vast hydroelectric power but has few mineral resources, and political instability has undercut some of the economic advantages present. The government welcomes foreign investment. Paraguay is a middle-income country that changed rapidly in the 1970s and 1980s as a result of hydroelectric development, agricultural colonization, construction, and cash crop exports. Nevertheless, the country's gross domestic product (GDP) in 1986 was approximately