Paraguay has seen a steady increase in domain registrations, reaching 850,000 by 2026, reflecting growing digital engagement. The .py TLD dominates with 68%, indicating strong local brand presence and national identity online. Hosting services continue to expand, supported by a burgeoning tech ecosystem and improved infrastructure, with over 120 providers operating within the country. The average domain registration cost remains affordable at $15, encouraging startups and small businesses to establish an online presence.
The digital economy's contribution to Paraguay’s GDP has grown to 2.8%, driven by increased e-commerce, digital services, and government initiatives promoting digital literacy. As internet penetration improves, more Paraguayan businesses are adopting online platforms, further boosting domain registrations and hosting demand. Continued investments in digital infrastructure and skills development are expected to sustain this upward trajectory, making Paraguay a notable emerging digital market in the region.