The article analyzes the Paraguayan situation throughout 2016, focusing on economic, social and political dimensions. In relation to the economy, it presents an overview of the year’s main economic results, applied fiscal policy and the development investment policy that has financed a growing public debt through the issuance of government bonds. With respect to the social sphere, emphasis is placed on the main social mobilizations, presenting the main social actors and their demands. Finally, the article analyzes the Paraguayan political situation in 2016, marked by disputes about the project of incorporating presidential reelection into the Paraguayan political system in the face of the upcoming presidential elections of 2018.