Borja, Paraguay Borja, Paraguay Borja is a town in the Guairá Department of Paraguay. According to the 2002 Census this district has a total population of 9222 inhabitants. Only 3.2% of the total population lives in the urban area, 298 inhabitants. It is located in the south-western part of the Guairá department. Its urban area is located only 2 km away from the San Salvador urban area. From Asunción you have to follow the National Route 2 until the city of Coronel Oviedo. There taking the detour of the Route 8 you get to the city of Villarrica, capital of the department,
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