Paraguay

Republic of Paraguay
ISO: PA / null República del Paraguay

📊 Quick Facts

Capital
Asunción
Population (2024)
7,522,549
Total Area
406,752 km²
GDP (PPP)
$112.92 billion
Government Type
presidential republic
Independence
14-15 May 1811 (from Spain)

🌍 Geography

Location: Central South America, northeast of Argentina, southwest of Brazil

Area & Boundaries

Total Area 406,752 km²
Land Area 397,302 km²
Water Area 9,450 km²
World Rank by Area #null
Land Boundaries 4,655 km
Coastline N/A km

Bordering Countries

Argentina 2 (N/A km)
531 km; Bolivia (753 km)
371 km (N/A km)

Terrain & Climate

Terrain: grassy plains and wooded hills east of Rio Paraguay; Gran Chaco region west of Rio Paraguay mostly low, marshy plain near the river, and dry forest and thorny scrub elsewhere

Climate: subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west

Elevation

Highest Point : N/Am
Lowest Point : nullm
Mean Elevation 178m

Natural Resources

hydropower, timber, iron ore, manganese, limestone

👥 Demographics

Population Overview

Total Population (2024) 7,522,549
World Rank #null
Growth Rate 1.09%
Urbanization null%

Age & Life Expectancy

Median Age 31.8 years
Life Expectancy null years
Birth Rate 15.9 per 1,000
Death Rate 4.9 per 1,000

Major Urban Areas

Education

Literacy Rate: null% (Male: 95.4%, Female: 94.3%)

💼 Economy

upper middle-income South American economy; COVID-19 hit while still recovering from 2019 Argentina-driven recession; global hydroelectricity leader; major corruption and money-laundering locale; highly agrarian economy; significant income inequality

GDP & Economic Indicators

GDP (PPP) $112.92 billion
GDP (Official Rate) $44.46 billion
GDP per Capita (PPP) $16,300
World GDP Rank #null
GDP Growth Rate 4.2%
Unemployment Rate null%
Inflation Rate 3.8%
Public Debt (% of GDP) null%

GDP Composition by Sector

Agriculture 10.7%
Industry 32.5%
Services 48.7%

Major Industries

sugar processing, cement, textiles, beverages, wood products, steel, base metals, electric power

Trade

Exports N/A
Imports N/A
Foreign Exchange Reserves N/A
Currency (null)

🏛️ Government

Government Type presidential republic
Suffrage 18 years of age; universal and compulsory until the age of 75

Executive Branch

Chief of State:

Head of Government:

Legislative Branch

National Holiday

Independence Day, 14-15 May (1811) (observed 15 May); 14 May is celebrated as Flag Day

📈 Social Indicators

Physicians 3.89 per 1,000
Hospital Beds 1 per 1,000
Health Expenditure 8% of GDP
Education Expenditure 3.4% of GDP

🎨 Cultural Heritage

UNESCO World Heritage Sites 1

Notable Sites

Data Sources: CIA World Factbook, World Bank, United Nations, IMF, OECD
Reference Year: 2024
Last Updated: 2026-01-11