As a new member of the GEM, Paraguay participated in the 2019/2020 GEM Global Report with the National Expert Survey (NES) for the first time. In this document, its main results are developed with suggestions and themes for future development in the Paraguayan entrepreneurial ecosystem. This document also includes a local study of Basic characteristics of business and entrepreneurship in Paraguay and results of another study about the growing ecosystem for business incubation as a general basis for future investigations.