History of the Jews in Paraguay History of the Jews in Paraguay The history of the Jews in Paraguay begins with the arrival of migration flows, mainly from Europe. The first waves of Jewish immigration to Paraguay began in 1904. Currently, Jewish-Paraguayan community is about 10,000 people, most of them located in the capital Asunción. The first Jews arrived in Paraguay at the end of the 19th century. At the beginning of the 20th century the first community institutions were established in the city of Asunción. During the 1920s Jews from Poland and Ukraine arrived in Paraguay, and in the 1930s a wave of mass immigration
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