Territory in central South America, ruled since 1992 by the República del Paraguay

Paraguay (Guarani: Paraguái), officially the Republic of Paraguay (Spanish: República del Paraguay, Guaraní: Tetã Paraguái), is a landlocked country in central South America, bordered by Argentina to the south and southwest, Brazil to the east and northeast and Bolivia to the northwest. Paraguay lies on both banks of the Paraguay River, which runs through the center of the country from north to south. Due to its central location in South America, it is sometimes referred to as Corazón de Sudamérica ("Heart of South America"). Paraguay is one of the two landlocked countries (the other is Bolivia) outside Afro-Eurasia, and is the smallest landlocked country in the Americas.

Measures of Freedom

Human Freedom Index [PDF], The Human Freedom Index 2016
2014: 6.85, Rank: 77, Personal Freedom: 6.82, Economic Freedom: 6.88, Democracy Index: 5.77
Level of Economic Freedom, Economic Freedom of the World
2014: 6.88, Rank: 88
Paraguay | Freedom House, Freedom in the World 2016
2016: Status: Partly Free, Aggregate Score: 64, Political Rights: 3, Civil Liberties: 3
"President Horacio Cartes of the Colorado Party vowed to root out corruption following his election in 2013, but little appeared to have changed in 2015. The drug trade continued to flourish, particularly in the border areas, and critical journalists were subject to violent retaliation. A major protest in October, led by campesinos, called for the president's resignation due to corruption and unfair land policies."

The introductory paragraph uses material from the Wikipedia article "Paraguay" as of 19 Sep 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.