| Area Total | 406,752 sq km |
| Climate | subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west |
| Natural Resources | hydropower, timber, iron ore, manganese, limestone |
| Imports | $11.35 billion (2017 est.) partners: China 31.3%, Brazil 23.4%, Argentina 12.9%, US 7.4% (2017) |
| Exports | $11.73 billion (2017 est.) partners: Brazil 31.9%, Argentina 15.9%, Chile 6.9%, Russia 5.9% (2017) |
| Government | presidential republic |
| Capital | Asuncion |
| Population | 7 million (July 2018 est.) |
| Ethnicity | mestizo (mixed Spanish and Amerindian) 95%, other 5% |
| Language | Spanish (official) and Guarani (official) 46.3%, only Guarani 34%, only Spanish 15.2%, other (includes Portuguese, German and other indigenous languages) 4.1%, no response 4% (2012 est.) |
News about Paraguay
- Mercosur leaders shift to “constructive patience” after EU FTA delay
on December 20, 2025Following decades of negotiations and a high-stakes “now or never” deadline set for this week, the Southern Common Market (Mercosur) bloc has officially adopted a stance of cautious optimism after the European Union (EU) failed to secure the necessary internal mandate to sign the historic Free Trade Agreement (FTA) on Saturday.
- Integration Bridge between Paraguay and Brazil opened to traffic
on December 20, 2025The Brazil-Paraguay Integration Bridge was officially opened to vehicle traffic on Friday during a ceremony attended by Brazilian President Luiz Inácio Lula da Silva. His Paraguayan counterpart, Santiago Peña, intends to hold a separate event on Saturday on his country's side of the structure linking Foz do Iguaçu (Brazil) to Presidente Franco (Paraguay).
- Paraguay's guaraní is most stable currency in the region, Bloomberg finds
on December 19, 2025Paraguay's guaraní (PY₲) has been highlighted as the most stable and highest-performing currency in Latin America for 2025. In a report published this week by the specialized outlet Bloomberg Línea, the Paraguayan currency has appreciated over 17% against the US dollar this year, outperforming Mexican and Colombian pesos.
- Paraguay among key US allies, says Charge d’Affaires
on December 17, 2025Robert Alter, Charge d’Affaires at the United States Embassy in Asunción, has characterized Paraguay as one of the United States' most significant global allies. Speaking with Radio Ñandutí, Alter highlighted the strengthening of bilateral ties following the signing of a new security cooperation agreement aimed at dismantling organized crime.
- Paraguay's economy projected to grow this year above expectations
on December 13, 2025Paraguay's Central Bank (BCP) significantly revised its economic forecast this week, estimating that the country's Gross Domestic Product (GDP) will expand by 6% by the end of 2025, a sharp increase from the initial 3.8% projection.
- Flybondi eyes Paraguay flag carrier status
on December 5, 2025Argentine low-cost carrier Flybondi has announced an ambitious regional expansion plan involving a projected investment of US$1.7 billion and the establishment of a new operation under a Paraguayan flag.
- Paraguayan meat exports to pierce US$2bn ceiling this year
on December 4, 2025According to a study by the Paraguayan Meat Chamber (CPC), released on Wednesday in Asunción, the South American country is projected to surpass the US$ 2 billion export ceiling for the first time by the end of 2025. The survey foresaw a total of US$2.169 billion worth of outbound trade.
- Bioceanic Corridor feared to be seized by traffickers
on December 2, 2025Paraguayan Senator Esperanza Martínez of the leftwing Frente Guasú party has raised concerns over a scandal involving the sale of public land at the head of the Bioceanic Corridor bridge in Carmelo Peralta. The lawmaker claimed that "narcos" were seizing the territory
- Paraguay's population reported to be ageing
on December 1, 2025Paraguay faces an impending demographic transition that will see its adult elderly population double within the next 25 years due to the accelerated aging of its currently large youth segment, according to warnings from the United Nations Population Fund (UNFPA).
- Embarrassing: Paraguayan gov't builds bridge inside private property
on November 22, 2025Paraguay's Ministry of Public Works and Communications (MOPC) was involved in a shameful scandal after one of the bridges of a road under construction wound up within private property, it was reported Friday in Asunción.
