| 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
- Milei stays silent on Lula’s victory as Kast and Peña congratulate him
on October 26, 2026Argentine President Javier Milei had not congratulated Luiz Inácio Lula da Silva on his re-election in Brazil by Monday, unlike other right-wing South American leaders such as Chile’s José Antonio Kast, Paraguay’s Santiago Peña and Bolivia’s Rodrigo Paz. Milei, who publicly backed Senator Flávio Bolsonaro during the campaign, met his cabinet at […]
- Paraguay’s president travels to Washington and will meet the CIA director
on October 21, 2026Paraguayan President Santiago Peña travelled to Washington on Wednesday for a brief visit that includes a meeting with US Central Intelligence Agency (CIA) Director John Ratcliffe and a keynote address at the annual gala of the Inter-American Dialogue think tank.
- Pressure mounts on Paraguay’s Central Bank over doubts about some lenders’ solvency
on October 18, 2026The Association of Banks of Paraguay, which groups 14 private lenders, on Sunday asked the Central Bank of Paraguay to report on the solvency of institutions that received facilities in merger processes, days after senators from the ruling party and the opposition called on President Santiago Peña to remove the institution’s leadership.
- Iguazú Falls closed as the river’s flow tops 12,000 cubic metres per second
on October 12, 2026Iguazú National Park, in Argentina’s Misiones province, closed access to the falls’ walkways on Monday because of an exceptional rise in the Iguazú River, whose flow exceeded 12,000 cubic metres per second. The flood is part of an episode of heavy rainfall linked to El Niño that has also caused the Uruguay River to burst its banks, with evacuations […]
- Paraguay's opposition takes Asunción from the Colorado Party and holds Ciudad del Este
on October 5, 2026Paraguay's opposition won the mayoralty of Asunción and held that of Ciudad del Este, the country's two most populous cities, in Sunday's municipal elections, according to preliminary results from the electoral authority. The ruling Colorado Party, however, won the vast majority of districts.
- The US waives beef tariffs for Brazil and Paraguay, but not for Argentina and Uruguay
on August 28, 2026US President Donald Trump signed a proclamation on August 26 temporarily waiving tariffs on imports of up to 300,000 tonnes of lean beef trimmings, a measure that excludes countries already holding their own quotas in the US market, among them Argentina and Uruguay. The main beneficiaries will be Brazil and Paraguay.
- Peña says the Milei-Lula crisis has not affected how Mercosur functions
on August 14, 2026Paraguayan President Santiago Peña said on Friday that the differences between his Argentine and Brazilian counterparts, Javier Milei and Luiz Inácio Lula da Silva, have had no consequences for Mercosur, despite the diplomatic crisis between the two countries.
- Lula says Paraguay chose to invade Brazil; Paraguayan Congress accuses him of distorting history
on July 30, 2026Brazilian President Luiz Inácio Lula da Silva invoked the War of the Triple Alliance (1864-1870) to defend increased defense spending, in remarks that drew formal rejection this week from both chambers of Paraguay's Congress.
- Family of murdered journalist urges Paraguay to comply with Inter-American Court ruling
on July 24, 2026The widow and children of Paraguayan journalist Santiago Leguizamón, murdered in 1991, have called on the state to fully comply with the ruling in which the Inter-American Court of Human Rights found Paraguay responsible for failing to properly investigate the crime. The demand was voiced on Monday at a ceremony beside the monument honoring the broadcaster […]
- Argentina's polar spell eases as Patagonia faces rain, snow and 90 km/h gusts
on July 9, 2026The intense polar air mass that affected much of Argentina during the first days of July has begun to ease, with a gradual rise in temperatures across the center and north of the country, while Patagonia now concentrates the most severe weather. The National Meteorological Service (SMN) has kept warnings in place for rain, snow and strong winds in the far […]
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