| 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
- Argentina opens economic bids for Paraná-Paraguay waterway amid warnings of irregularities
on May 20, 2026The government of Javier Milei proceeded on Tuesday to open the economic bids submitted by the two international consortia competing for the 25-year concession of the Paraná-Paraguay waterway, Argentina's main fluvial trade artery, despite a warning from the Public Prosecutor's Office about the existence of "serious and obvious irregularities" that could […]
- Paraguay aims for 10 million tourists by 2037 with megaparks and foreign capital
on May 13, 2026The new minister of Paraguay's National Tourism Secretariat (Senatur), Jacinto Santa María, has announced a plan to turn the country into a regional tourism destination and draw up to 10 million annual visitors by 2037, a target that would almost triple the flow recorded in 2025 and which the official aims to reach by attracting major foreign investment to […]
- After 25 years of negotiation, the Mercosur-EU agreement takes effect this Friday
on May 1, 2026The association agreement between Mercosur and the European Union (EU) enters provisionally into force on Friday May 1, after more than a quarter-century of negotiations, in what constitutes one of the world's most ambitious trade deals and the largest reciprocal opening ever finalised by the South American bloc. The final signing took place on January 17 […]
- Ex-President Lacalle Pou: 'I will not die without seeing Paraguay have a sea outlet in Uruguay'
on April 28, 2026Former Uruguayan President Luis Lacalle Pou (2020-2025) reignited the debate on Tuesday over the construction of a port in Uruguayan territory aimed at providing Paraguay with maritime access, during an event in the Paraguayan city of Santa Rita, in the Alto Paraná department. “I will not die without truly seeing Paraguay have a sea outlet in Uruguay. I […]
- Paraguay attracts record foreigners with low taxes and new investor residency program
on April 21, 2026Foreign residency applications in Paraguay surged 85% in the first quarter of 2026, reaching 18,071 compared to 9,760 in the same period of 2025, the National Migration Directorate reported. Temporary residency requests jumped 105% to 14,995, while permanent residency applications rose 25% to 3,076.
- At least 12 schools in Paraguay receive shooting threats; authorities probe possible viral "challenge"
on April 17, 2026At least 12 schools in Paraguay received shooting threats between Thursday and Friday, with messages written on bathroom walls reading "tomorrow there will be a shooting," said Sonia Escauriza, director of Child and Adolescent Protection at the Ministry of Education and Sciences (MEC). The figure rose to 13 in the following hours, according to the same […]
- “We are oppressed in Brazil”: thousands of conservative Brazilians seek new life in Paraguay
on April 16, 2026Hundreds of Brazilians camped overnight on beach chairs, plastic benches and tarps outside an immigration center in Ciudad del Este, on the border with Brazil, to secure a spot in a Paraguayan government drive to fast-track residency applications. Some organized an improvised barbecue on a barrel while they waited. Others had traveled more than 1,500 […]
- Paraguay expects over US$1 billion in Singapore carbon credit investments
on April 15, 2026Paraguay's government expects investments from Singapore in carbon credit projects to exceed $1 billion, Environment and Sustainable Development Minister Rolando De Barros said on Wednesday, as a delegation from the Asian nation visited Asunción led by Sustainability and Environment Minister Grace Fu Hai Yen, accompanied by 20 business executives.
- Holy Week boosts Paraguayan tourism: 90% hotel occupancy and 36% revenue increase
on April 7, 2026Domestic tourism during Holy Week in Paraguay grew 15% compared with the previous year, with 409,431 visitors generating revenue of $55.5 million, a 36% increase, the National Tourism Secretariat (Senatur) reported based on data from its Tourism Observatory.
- Lula and Peña agree to accelerate Itaipú treaty review
on March 23, 2026The presidents of Brazil, Luiz Inácio Lula da Silva, and Paraguay, Santiago Peña, agreed on Sunday in Campo Grande to intensify negotiations over Annex C of the Itaipú treaty, the instrument that governs the financial terms and energy sales of the binational hydroelectric dam, one of the largest in the world.
