top of pageBackground: Several Indigenous groups, principally belonging to the Guarani language family, inhabited the area of modern Paraguay before the arrival of the Spanish in the early 16th century, when the territory was incorporated into the Viceroyalty of Peru. Paraguay achieved its independence from Spain in 1811 with the help of neighboring states. In the aftermath of independence, a series of military dictators ruled the country until 1870. During the disastrous War of the Triple Alliance (1864-70) -- fought against Argentina, Brazil, and Uruguay -- Paraguay lost two thirds of its adult males and much of its territory. The country stagnated economically for the next half-century and experienced a tumultuous series of political regimes. Following the Chaco War of 1932-35 with Bolivia, Paraguay gained a large part of the Chaco lowland region. The 35-year military dictatorship of Alfredo STROESSNER ended in 1989, and Paraguay has held relatively free and regular presidential elections since the country's return to democracy.
Climate: subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west
Terrain: grassy plains and wooded hills east of Rio Paraguay; Gran Chaco region west of Rio Paraguay mostly low, marshy plain near the river, and dry forest and thorny scrub elsewhere
Major rivers: Río de la Plata/Paraná (shared with Brazil [s], Argentina, and Uruguay [m]) - 4,880 km; Paraguay river mouth (shared with Brazil [s] and Argentina) - 2,549 km
Note: [s] after country name indicates river source; [m] after country name indicates river mouth
Natural hazards: local flooding in southeast (early September to June); poorly drained plains may become boggy (early October to June)
GeographyNote: landlocked; lies between Argentina, Bolivia, and Brazil; population concentrated in eastern and southern part of country
top of pagePopulationTotal: 7,522,549 (2024 est.)
Male: 3,769,376
Female: 3,753,173
Distribution: most of the population resides in the eastern half of the country; to the west lies the Gran Chaco (a semi-arid lowland plain), which accounts for 60% of the land territory, but only 2% of the overall population
Growth rate: 1.09% (2024 est.)
Languages: Spanish (official) and Guarani (official) 46.3%, only Guarani 34%, only Spanish 15.2%, other (includes Portuguese, German, other Indigenous languages) 4.1%, no response 0.4% (2012 est.)
Major-language sample(s): ; La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish); The World Factbook, the indispensable source for basic information.
Note: data represent predominant household language
Religions: Roman Catholic 80.4%, Protestant 7% (Evangelical (non-specific) 6.7%, Evangelical Pentecostal <0.1%, Adventist <0.1%, Protestant (non-specific) <0.1%), Believer (not belonging to the church) 5.7%, other 0.6%, agnostic <0.1%, none 0.2%, unspecified 6.2% (2023 est.)
Birth rate: 15.9 births/1,000 population (2024 est.)
Death rate: 4.9 deaths/1,000 population (2024 est.)
Population distribution: most of the population resides in the eastern half of the country; to the west lies the Gran Chaco (a semi-arid lowland plain), which accounts for 60% of the land territory, but only 2% of the overall population
top of pageAdministrative divisions: 17 departments (departamentos, singular - departamento) and 1 capital city*; Alto Paraguay, Alto Parana, Amambay, Asuncion*, Boquerón, Caaguazú, Caazapá, Canindeyú, Central, Concepcion, Cordillera, Guairá, Itapúa, Misiones, Ñeembucú, Paraguarí, Presidente Hayes, San Pedro
Legal system: civil law system with influences from Argentine, Spanish, Roman, and French civil law models; Supreme Court of Justice reviews legislative acts
Executive branchChief of state: President Santiago PEÑA Palacios (since 15 August 2023)
Head of government: President Santiago PEÑA Palacios (since 15 August 2023)
Cabinet: Council of Ministers appointed by the president
Election/appointment process: president and vice president directly elected on the same ballot by simple-majority popular vote for a single 5-year term
Most recent election date: 30 April 2023
2023: Santiago PEÑA Palacios elected president; percent of vote - Santiago PEÑA Palacios (ANR) 43.9%, Efraín ALEGRE (PLRA) 28.3%, Paraguayo 'Payo' CUBAS Colomés (PCN) 23.6%, other 4.2%
2018: Mario ABDO BENÍTEZ elected president; percent of vote - Mario ABDO BENÍTEZ (ANR) 49%, Efraín ALEGRE (PLRA) 45.1%, other 5.9%
Expected date of next election: April 2,028
Note: the president is both chief of state and head of government
Flag description: three equal horizontal bands of red (top), white, and blue, with an emblem centered on the white band; the emblem on one side of the flag is the national coat of arms, which has a five-pointed yellow star in a green wreath with the words REPUBLICA DEL PARAGUAY around it, all inside two circles; the other side of the flag has a circular treasury seal (a yellow lion below a red Cap of Liberty and the words PAZ Y JUSTICIA)
top of pageReal gdp growth rate: 4.2% (2024 est.); 5% (2023 est.); 0.2% (2022 est.)
Note: annual GDP % growth based on constant local currency
Real gdp per capita: 4.2% (2024 est.); 5% (2023 est.); 0.2% (2022 est.)
Note: annual GDP % growth based on constant local currency
Industries: sugar processing, cement, textiles, beverages, wood products, steel, base metals, electric power
Labor force: 3.502 million (2024 est.)
Note: number of people ages 15 or older who are employed or seeking work
Unemployment rate: 6.1% (2024 est.); 5.8% (2023 est.); 6.8% (2022 est.)
Note: % of labor force seeking employment
BudgetRevenues: $7.751 billion (2023 est.)
Expenditures: $9.397 billion (2023 est.)
Note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated
Exports: $17.395 billion (2024 est.); $18.581 billion (2023 est.); $14.971 billion (2022 est.)
Note: balance of payments - exports of goods and services in current dollars
Commodities: soybeans, beef, electricity, corn, soybean meal (2023)
Commodities note: top five export commodities based on value in dollars
Imports: $18.377 billion (2024 est.); $17.848 billion (2023 est.); $17.088 billion (2022 est.)
Note: balance of payments - imports of goods and services in current dollars
Commodities: broadcasting equipment, refined petroleum, fertilizers, cars, pesticides (2023)
Commodities note: top five import commodities based on value in dollars
top of pagetop of pagetop of pageMilitary expenditures: 0.8% of GDP (2024 est.); 0.8% of GDP (2023 est.); 0.8% of GDP (2022 est.); 1% of GDP (2021 est.); 1% of GDP (2020 est.)
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