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 | $11.73 billion (2017 est.) partners: Brazil 31.9%, Argentina 15.9%, Chile 6.9%, Russia 5.9% (2017) |
Government | presidential republic |
Capital | Asuncion |
Population | 7 million (July 2018 est.) |
Ethnicity | mestizo (mixed Spanish and Amerindian) 95%, other 5% |
Language | Spanish (official) and Guarani (official) 46.3%, only Guarani 34%, only Spanish 15.2%, other (includes Portuguese, German and other indigenous languages) 4.1%, no response 4% (2012 est.) |
News about Paraguay
- Paraguay declares Iran's Revolutionary Guard a terrorist organizationon April 25, 2025
Paraguayan President Santiago Peña signed Decree 3781, designating Iran's Islamic Revolutionary Guards Corps (IRGC) as a terrorist organization due to its systematic violations of peace, human rights, and international security. The measure follows the US decision in the same regard, adopted in 2019. Through Decrees 3758, 3759, and 3760, Paraguay also […]
- Paraguayan health authorities tackle tuberculosis, HIV and other diseaseson April 23, 2025
Paraguay’s Health Ministry and the Pan American Health Organization (PAHO) have launched a joint technical mission to strengthen the country’s response to HIV and tuberculosis, focusing on eliminating HIV, mother-to-child transmission of HIV, congenital syphilis, hepatitis B, and Chagas disease, as well as managing advanced HIV, TB, and HIV/TB […]
- Paraguay hopes to build 22 small hydroelectric plants through private investmenton April 23, 2025
Paraguay plans to build 22 small hydroelectric power plants on internal rivers, with an estimated private investment of US$ 1.4 billion, explained Vice Minister of Mines and Energy Mauricio Bejarano in a radio interview after the enactment of the Small Hydroelectric Power Plants Law which grants the government free rein to bid for the construction of new […]
- Paraguay: Lugo appears at event commemorating his presidential electionon April 22, 2025
Former Paraguayan President Fernando Lugo publicly appeared Sunday in Liberación, San Pedro, at a Frente Guasu event commemorating the 2008 opposition victory that ended decades of National Republican Association (ANR) rule.
- Stolen 16th-century manuscript returned to Paraguayan authoritieson April 21, 2025
The US justice system returned the so-called “Hernandarias Manuscript,” a 16th-century document penned in 1598 by Hernando Arias de Saavedra, the first Creole governor in the Americas.
- CAF bond placement to strengthen Paraguayan agribusiness SMEson April 19, 2025
The Development Bank of Latin America and the Caribbean (CAF) issued bonds worth ₲ 125 billion (approximately US$ 15.6 million) in Paraguay’s capital market, with a historic 5-year term and a 6.65% annual coupon rate. This is the longest-term issuance by a multilateral institution in Paraguay’s history and CAF’s third bond issuance in guaraníes, […]
- Paraguayan corn exports boosted by Brazilian demandon April 18, 2025
Between January and March 2025, Paraguayan corn exports rose by 84,000 tons compared to the same period in 2024, generating US$ 69 million in foreign currency, a US$ 15 million increase.
- Paraguay's GDP projections revised upwardson April 16, 2025
The Central Bank of Paraguay (BCP) has revised its 2025 GDP growth forecast upward from 3.8% to 4.0%, driven by stronger-than-expected economic activity in early 2025, BCP Chief Economist César Yunis explained. To reach these conclusions, the following issues were taken into consideration:
- Paraguay and Uruguay prepare for new scenario with stronger Argentine pesoon April 15, 2025
Following Buenos Aires' announcements regarding the lifting of restrictions to exchange local pesos into US dollars, neighboring Uruguay and Paraguay are preparing for the changes to come. Both countries foresee an increasing influx of Argentine travelers to benefit from the new scenario, which in the case of Paraguay also includes a depreciating guaraní.
- Paraguay's economy grows strongly in Februaryon April 14, 2025
The Estimator of Business Figures (ECN) published by Paraguay's Central Bank (BCP) mentioned a 6% year-to-date sales increase and a 5.2% year-on-year rise compared to February 2024.