7. Paraguay
Life expectancy: 77.2 years
GDP per capita: $8,700
Health expenditure: 9.8% of GDP
Education expenditure: 5% of GDP
In recent years the Paraguay’s economy has experienced significant economic growth, which has reduced poverty and increased access to basic health care and education. However, one-quarter of residents still live below the poverty line while income inequality and high crime rate remain the main issues in the country.
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