Statement:
Paraguay has a lower Human Development Index than Iceland

In the Human Development Index rating Paraguay holds position #104 ²⁰²¹ out of 187 and Iceland is #1 out of 187 ²⁰²¹.
Position of Paraguay is worse than position of Iceland.

Referencies:

1. Human Development Index ²⁰²¹ by United Nations

   The countries in the rating sorted by 'Human Development Index' in descending order.

   Iceland	'Human Development Index' value is	0.96
   Paraguay	'Human Development Index' value is	0.72