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 | $11.73 billion (2017 est.) partners: Brazil 31.9%, Argentina 15.9%, Chile 6.9%, Russia 5.9% (2017) |
Government | presidential republic |
Capital | Asuncion |
Population | 7 million (July 2018 est.) |
Ethnicity | mestizo (mixed Spanish and Amerindian) 95%, other 5% |
Language | Spanish (official) and Guarani (official) 46.3%, only Guarani 34%, only Spanish 15.2%, other (includes Portuguese, German and other indigenous languages) 4.1%, no response 4% (2012 est.) |
News about Paraguay
- Paraguayan President celebrates drop in unemploymenton February 21, 2025
Paraguayan President Santiago Peña Thursday celebrated the creation of over 96,000 new jobs since the start of his administration, according to a study from the National Institute of Statistics (INE) released in Asunción which showed a significant increase from the third quarter of 2023 to the fourth quarter of 2024, with major growth in commerce, […]
- Argentina settles scores with Paraguayan side of Yacyretáon February 20, 2025
The Paraguayan side of the Yacyretá Binational Entity (EBY) admitted Wednesday that Argentina now owed nothing after paying US$ 23 million earlier this week, although certain arrangements concerning US$ 50 million were still pending. Paraguay's EBY General Manager Luis Benítez also pointed out that a financial agreement would be signed next week to set […]
- Paraguay's healthcare scenario shiftingon February 17, 2025
Paraguayan health authorities confirmed during the weekend that the newly implemented night shift had provided medical assistance to over 526,700 patients consultations, thus decompressing the demand for those services in the morning. They also pointed out that the number of Covid-19 cases was going down, although one death was reported.
- Paraguay hopes to double beef exports to Moroccoon February 15, 2025
Paraguayan meat shipments to Morocco are expected to double after a team from the South American country met with buyers this week to discuss cooperation in the agricultural sector, with an emphasis on accessing advanced technology and essential fertilizers. Presiding over the mission to Rabat was Representative Carlos Alberto Núñez Salinas of the Latin […]
- Details about Port of Asunción's future disclosedon February 14, 2025
Nuevo Mundo Entertainment SA Director Santiago Sosa explained Thursday the details of the redevelopment works undertaken at the Paraguayan capital's historic port. In an interview with an Asunción broadcaster, he explained that the project stemming from an agreement with the Government signed early last year will include the recovery and modernization of […]
- Paraná-Paraguay Waterway concession tender canceled amid foul play allegationson February 13, 2025
The Argentine Government of President Javier Milei Wednesday declared the tender for the Paraná-Paraguay Waterway - which handles 80% of the country's exports and is also vital for Paraguay - concession void and launched an investigation into the only bidders: Dredging Environmental and Marine Engineering (DEME) for allegedly pressuring other potential […]
- Argentina: Irregularities detected in key waterway concession processon February 12, 2025
Argentina's Administrative Investigations Prosecutor’s Office (PIA) has identified “serious irregularities” in the bidding process for the concession of the Paraná-Paraguay waterway, a crucial trade corridor for the region. The waterway is essential for exporting agricultural products from Argentina, Brazil, Bolivia, Paraguay, and Uruguay to the […]
- Taiwan largest market for Paraguayan pork exportson February 11, 2025
Taipei's Embassy in Asunción confirmed this week that Paraguay's pork exports to Taiwan grew by 108% last year, thus grabbing an 87% share of the South American country's shipments of the product, yielding revenues around US$ 29 million.
- German President announces South American touron February 11, 2025
German President Frank-Walter Steinmeier will be touring Uruguay, Paraguay, and Chile between February 28 and March 8, it was announced Monday in Berlin. The head of state will attend Yamandú Orsi's inauguration in Montevideo on March 1. He is also scheduled to meet with Paraguay's Santiago Peña and Chile's Gabriel Boric Font.
- Tax collection above expectations in Paraguayon February 5, 2025
Paraguay's National Directorate of Tax Revenues (DNIT) announced Tuesday that collection last month far exceeded expectations after posting a 9.1% yoy improvement. A DNIT report mentioned raking in ₲ 3.19 trillion (around US$ 405 million), which represented US$ 33.9 million more than in the same month of 2024.