Football in Paraguay Football in Paraguay Football is by far the most popular sport in Paraguay to the point that it is part of the nation's culture. Football arrived to Paraguay in the late 1800s. There are differing versions as to how this happened. The most commonly held account is that of William Paats. This account has much primary source documentation (newspaper articles) As this version goes, football was first introduced in Paraguay by Dutchman William Paats, who moved from the Netherlands to Asunción (the capital of Paraguay) in 1888. During a trip to Buenos Aires Paats bought a football and brought it
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