Paraguay reported a current account surplus of USD 110 mln in 2023, a dramatic shift from the USD 2.99 bln deficit (7.1% of GDP) in 2022, driven by a surge in agricultural exports post the 2022 drought. However, the financial account saw FDI net inflows decrease to USD 241 mln (0.6% of GDP), falling from USD 672 mln (1.6% of GDP) in 2022 and below the decade’s average of 1.3% of GDP.