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Paraguay

Code: PA | Region: South America

Introduction

Background

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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.

Geography

Location

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Central South America, northeast of Argentina, southwest of Brazil

Geographic coordinates

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23 00 S, 58 00 W

Map references

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South America

Area

total

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406,752 sq km

land

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397,302 sq km

water

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9,450 sq km

Area - comparative

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about three times the size of New York State; slightly smaller than California

Land boundaries

total

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4,655 km

border countries

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Argentina 2,531 km; Bolivia 753 km; Brazil 1,371 km

Coastline

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0 km (landlocked)

Maritime claims

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none (landlocked)

Climate

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subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west

Terrain

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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

Elevation

highest point

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Cerro Pero 842 m

lowest point

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junction of Río Paraguay and Río Paraná 46 m

mean elevation

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178 m

Natural resources

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hydropower, timber, iron ore, manganese, limestone

Land use

agricultural land

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54.1% (2023 est.)

agricultural land: arable land

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arable land: 11.5% (2023 est.)

agricultural land: permanent crops

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permanent crops: 0.2% (2023 est.)

agricultural land: permanent pasture

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permanent pasture: 42.4% (2023 est.)

forest

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36.9% (2023 est.)

other

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7% (2023 est.)

Irrigated land

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1,362 sq km (2012)

Major rivers (by length in km)

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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<br><br><strong>note:</strong> [s] after country name indicates river source; [m] after country name indicates river mouth

Major watersheds (area sq km)

Atlantic Ocean drainage

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Paran&aacute; (2,582,704 sq km)

Major aquifers

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Guarani Aquifer System

Population distribution

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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

Natural hazards

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local flooding in southeast (early September to June); poorly drained plains may become boggy (early October to June)

Geography - note

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landlocked; lies between Argentina, Bolivia, and Brazil; population concentrated in eastern and southern part of country

People and Society

Population

total

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7,604,044 (2025 est.)

male

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3,809,407

female

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3,794,637

Nationality

noun

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Paraguayan(s)

adjective

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Paraguayan

Ethnic groups

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Mestizo (mixed Spanish and Indigenous ancestry) 95%, other 5%

Languages

Languages

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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)

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<br>La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)<br><br>The World Factbook, the indispensable source for basic information.

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<strong>note:</strong> data represent predominant household language

Religions

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Roman Catholic 80.4%, Protestant 7% (Evangelical (non-specific) 6.7%, Evangelical Pentecostal &lt;0.1%, Adventist &lt;0.1%, Protestant (non-specific) &lt;0.1%), Believer (not belonging to the church) 5.7%, other 0.6%, agnostic &lt;0.1%, none 0.2%, unspecified 6.2% (2023 est.)

Age structure

0-14 years

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22.2% (male 850,191/female 821,237)

15-64 years

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68.4% (male 2,582,021/female 2,561,962)

65 years and over

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9.4% (2024 est.) (male 337,164/female 369,974)

Dependency ratios

total dependency ratio

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46.7 (2025 est.)

youth dependency ratio

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32.4 (2025 est.)

elderly dependency ratio

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14.3 (2025 est.)

potential support ratio

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7 (2025 est.)

Median age

total

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32.3 years (2025 est.)

male

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31.6 years

female

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32 years

Population growth rate

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1.06% (2025 est.)

Birth rate

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15.66 births/1,000 population (2025 est.)

Death rate

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4.97 deaths/1,000 population (2025 est.)

Net migration rate

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-0.07 migrant(s)/1,000 population (2025 est.)

Population distribution

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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

Urbanization

urban population

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63.1% of total population (2023)

rate of urbanization

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1.64% annual rate of change (2020-25 est.)

Major urban areas - population

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3.511 million ASUNCION (capital) (2023)

Sex ratio

at birth

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1.05 male(s)/female

0-14 years

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1.04 male(s)/female

15-64 years

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1.01 male(s)/female

65 years and over

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0.91 male(s)/female

total population

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1 male(s)/female (2024 est.)

Mother's mean age at first birth

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22.9 years (2008 est.)

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<strong>note:</strong> data represents median age at first birth among women 25-29

Maternal mortality ratio

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58 deaths/100,000 live births (2023 est.)

Infant mortality rate

total

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21.4 deaths/1,000 live births (2025 est.)

male

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26.1 deaths/1,000 live births

female

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17.7 deaths/1,000 live births

Life expectancy at birth

total population

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78.8 years (2024 est.)

male

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76.2 years

female

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81.6 years

Total fertility rate

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1.88 children born/woman (2025 est.)

Gross reproduction rate

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0.92 (2025 est.)

Drinking water source

improved: urban

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urban: 99.9% of population (2022 est.)

improved: rural

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rural: 99.1% of population (2022 est.)

improved: total

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total: 99.6% of population (2022 est.)

unimproved: urban

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urban: 0.1% of population (2022 est.)

unimproved: rural

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rural: 0.9% of population (2022 est.)

unimproved: total

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total: 0.4% of population (2022 est.)

Health expenditure

Health expenditure (as % of GDP)

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8% of GDP (2021)

Health expenditure (as % of national budget)

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17.4% of national budget (2022 est.)

Physician density

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3.89 physicians/1,000 population (2022)

Hospital bed density

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1 beds/1,000 population (2020 est.)

Sanitation facility access

improved: urban

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urban: 100% of population (2022 est.)

improved: rural

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rural: 94.9% of population (2022 est.)

improved: total

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total: 98.1% of population (2022 est.)

unimproved: urban

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urban: 0% of population (2022 est.)

unimproved: rural

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rural: 5.1% of population (2022 est.)

unimproved: total

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total: 1.9% of population (2022 est.)

Obesity - adult prevalence rate

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20.3% (2016)

Alcohol consumption per capita

total

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5.47 liters of pure alcohol (2019 est.)

beer

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3.27 liters of pure alcohol (2019 est.)

wine

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0.59 liters of pure alcohol (2019 est.)

spirits

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1.59 liters of pure alcohol (2019 est.)

other alcohols

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0.03 liters of pure alcohol (2019 est.)

Tobacco use

total

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9.3% (2025 est.)

male

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15.5% (2025 est.)

female

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3.3% (2025 est.)

Children under the age of 5 years underweight

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1.3% (2016 est.)

Currently married women (ages 15-49)

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54.8% (2022 est.)

Child marriage

women married by age 15

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3.6% (2016)

women married by age 18

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21.6% (2016)

Education expenditure

Education expenditure (% GDP)

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3.4% of GDP (2023 est.)

Education expenditure (% national budget)

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11.7% national budget (2025 est.)

Literacy

total population

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94.9% (2024 est.)

male

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95.4% (2024 est.)

female

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94.3% (2024 est.)

Environment

Environmental issues

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deforestation; water pollution; toxic dumping in rivers and streams; loss of wetlands; inadequate means for waste disposal in urban areas

International environmental agreements

party to

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Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Wetlands

signed, but not ratified

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Nuclear Test Ban, Tropical Timber 2006

Climate

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subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west

Land use

agricultural land

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54.1% (2023 est.)

agricultural land: arable land

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arable land: 11.5% (2023 est.)

agricultural land: permanent crops

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permanent crops: 0.2% (2023 est.)

agricultural land: permanent pasture

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permanent pasture: 42.4% (2023 est.)

forest

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36.9% (2023 est.)

other

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7% (2023 est.)

Urbanization

urban population

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63.1% of total population (2023)

rate of urbanization

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1.64% annual rate of change (2020-25 est.)

Carbon dioxide emissions

total emissions

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7.509 million metric tonnes of CO2 (2023 est.)

from coal and metallurgical coke

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2,000 metric tonnes of CO2 (2023 est.)

from petroleum and other liquids

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7.507 million metric tonnes of CO2 (2023 est.)

Particulate matter emissions

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12.5 micrograms per cubic meter (2019 est.)

Methane emissions

energy

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37.3 kt (2022-2024 est.)

agriculture

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813 kt (2019-2021 est.)

waste

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101.2 kt (2019-2021 est.)

other

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10 kt (2019-2021 est.)

Waste and recycling

municipal solid waste generated annually

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1.819 million tons (2024 est.)

percent of municipal solid waste recycled

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18.1% (2022 est.)

Total water withdrawal

municipal

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362 million cubic meters (2022 est.)

industrial

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154 million cubic meters (2022 est.)

agricultural

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1.897 billion cubic meters (2022 est.)

Total renewable water resources

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387.77 billion cubic meters (2022 est.)

Government

Country name

conventional long form

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Republic of Paraguay

conventional short form

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Paraguay

local long form

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Rep&uacute;blica del Paraguay

local short form

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Paraguay

etymology

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derives from the river of the same name; the river's name may come from the Guarani words <em>para </em>(water or river) and <em>guay </em>(born)

Government type

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presidential republic

Capital

name

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Asunci&oacute;n

geographic coordinates

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25 16 S, 57 40 W

time difference

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UTC-3 (2 hour ahead of Washington, DC, during Standard Time)

etymology

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the name means "assumption" in Spanish; the Spanish founded the city on August 15, 1537, the Catholic feast day for the Assumption of the Virgin Mary&nbsp;

Administrative divisions

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17 departments (<em>departamentos</em>, singular - <em>departamento</em>) 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

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civil law system with influences from Argentine, Spanish, Roman, and French civil law models; Supreme Court of Justice reviews legislative acts

Constitution

history

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several previous; latest approved and promulgated 20 June 1992

amendment process

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proposed at the initiative of at least one quarter of either chamber of the National Congress, by the president of the republic, or by petition of at least 30,000 voters; passage requires a two-thirds majority vote by both chambers and approval in a referendum

International law organization participation

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accepts compulsory ICJ jurisdiction; accepts ICCt jurisdiction

Citizenship

citizenship by birth

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yes

citizenship by descent only

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at least one parent must be a native-born citizen of Paraguay

dual citizenship recognized

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yes

residency requirement for naturalization

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3 years

Suffrage

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18 years of age; universal and compulsory until the age of 75

Executive branch

chief of state

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President Santiago PE&Ntilde;A Palacios (since 15 August 2023)

head of government

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President Santiago PE&Ntilde;A Palacios (since 15 August 2023)

cabinet

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Council of Ministers appointed by the president

election/appointment process

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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

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30 April 2023

election results

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<br><em>2023: </em>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%<em><br><br>2018:</em> 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

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April 2028

note

<strong>note</strong>: the president is both chief of state and head of government

Legislative branch

legislature name

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Congress (Congreso)

legislative structure

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bicameral

Legislative branch - lower chamber

chamber name

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Chamber of Deputies (Cámara de Diputados)

number of seats

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80 (all directly elected)

electoral system

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proportional representation

scope of elections

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full renewal

term in office

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5 years

most recent election date

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4/30/2023

parties elected and seats per party

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National Republican Association/Colorado Party (ANR) (48); Authentic Radical Liberal Party (PLRA) - Alliances (23); National Crusade Party (CN) (4); Other (5)

percentage of women in chamber

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23.8%

expected date of next election

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April 2028

Legislative branch - upper chamber

chamber name

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Senate (Cámara de Senadores)

number of seats

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45 (all directly elected)

electoral system

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proportional representation

scope of elections

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full renewal

term in office

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5 years

most recent election date

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4/30/2023

parties elected and seats per party

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National Republican Association/Colorado Party (ANR) (23); Authentic Radical Liberal Party (PLRA) - Alliances (12); National Crusade Party (CN) (5); Other (5)

percentage of women in chamber

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22.2%

expected date of next election

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April 2028

Judicial branch

highest court(s)

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Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 justices divided 3 each into the Constitutional Court, Civil and Commercial Chamber, and Criminal Division)

judge selection and term of office

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justices proposed by the Council of Magistrates or Consejo de la Magistratura, a 6-member independent body, and appointed by the Chamber of Senators with presidential concurrence; judges can serve until mandatory retirement at age 75

subordinate courts

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appellate courts; first instance courts; minor courts, including justices of the peace

Political parties

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Asociacion Nacional Republicana (National Republican Association) - Colorado Party or ANR<br>Avanza Pais coalition or AP<br>Frente Guasu (Broad Front coalition) or FG<br>GANAR Alliance (Great Renewed National Alliance) (alliance between PLRA and GuasĂş Front)<br>Movimiento Hagamos or MH<br>Movimiento Union Nacional de Ciudadanos Eticos (National Union of Ethical Citizens) or UNACE<br>Partido Cruzada Nacional (National Crusade Party) or PCN; note - formerly Movimiento Cruzada Nacional<br>Partido del Movimiento al Socialismo or P-MAS<br>Partido Democratica Progresista (Progressive Democratic Party) or PDP<br>Partido Encuentro Nacional or PEN<br>Partido Liberal Radical Autentico (Authentic Radical Liberal Party) or PLRA<br>Partido Pais Solidario or PPS<br>Partido Popular Tekojoja or PPT<br>Patria Querida (Beloved Fatherland Party) or PPQ

Diplomatic representation in the US

chief of mission

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Ambassador Gustavo Alfredo LEITE Gusinky (since 5 September 2025)

chancery

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2209 Massachusetts Avenue, NW, Washington DC&nbsp; 20008

telephone

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[1] (202) 483-6960

FAX

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[1] (202) 234-4508

email address and website

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<br>gabineteembaparusa@mre.gov.py<br><br>Embajada de la República del Paraguay ante los Estados Unidos de América :: The Embassy (mre.gov.py)

consulate(s) general

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Los Angeles, Miami, New York

Diplomatic representation from the US

chief of mission

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Ambassador (vacant); Charg&eacute; d&rsquo;Affaires Robert ALTER (since July 2025)

embassy

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1776 Mariscal Lopez Avenue, Asuncion

mailing address

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3020 Asuncion Place, Washington DC&nbsp; 20521-3020

telephone

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[595] (21) 248-3000

FAX

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[595] (21) 213-728

email address and website

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<br>ParaguayACS@state.gov<br><br>https://py.usembassy.gov/

International organization participation

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CAN (associate), CD, CELAC, FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, MONUSCO, NAM (observer), OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, PROSUR, UN, UNASUR, UNCTAD, UNESCO, UNFICYP, UNHRC, UNIDO, Union Latina, UNISFA, UNMIL, UNMISS, UNOCI, UNOOSA, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO

Independence

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14-15 May 1811 (from Spain)

note

<strong>note:</strong> the uprising against Spanish authorities took place during the night of 14-15 May 1811, so both days are celebrated in Paraguay

National holiday

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Independence Day, 14-15 May (1811) (observed 15 May); 14 May is celebrated as Flag Day

Flag

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<strong>description:</strong> 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)<br><br><strong>meaning:</strong> red stands for bravery and patriotism, white for integrity and peace, and blue for liberty and generosity

note

<strong>note 1:</strong> resembles the flag of the Netherlands, which does not have a central emblem<br><br><strong>note 2:</strong> one of three national flags that differ on each side -- the others are Moldova and Saudi Arabia

National symbol(s)

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lion

National color(s)

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red, white, blue

National anthem(s)

title

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"Paraguayos, Republica o muerte!" (Paraguayans, the Republic or Death!)

lyrics/music

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Francisco Esteban ACUNA de Figueroa/Remberto GIMENEZ&nbsp; &nbsp;

history

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adopted 1846 (lyrics) and 1934 (music)&nbsp;

National heritage

total World Heritage Sites

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1 (cultural)

selected World Heritage Site locales

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Jesuit Missions of La Sant&iacute;sima Trinidad de Paran&aacute; and Jes&uacute;s de Tavarangue

Economy

Economic overview

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upper middle-income South American economy; COVID-19 hit while still recovering from 2019 Argentina-driven recession; global hydroelectricity leader; major corruption and money-laundering locale; highly agrarian economy; significant income inequality

Real GDP (purchasing power parity)

Real GDP (purchasing power parity) 2024

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$112.919 billion (2024 est.)

Real GDP (purchasing power parity) 2023

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$108.316 billion (2023 est.)

Real GDP (purchasing power parity) 2022

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$103.159 billion (2022 est.)

note

<b>note:</b> data in 2021 dollars

Real GDP growth rate

Real GDP growth rate 2024

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4.2% (2024 est.)

Real GDP growth rate 2023

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5% (2023 est.)

Real GDP growth rate 2022

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0.2% (2022 est.)

note

<b>note:</b> annual GDP % growth based on constant local currency

Real GDP per capita

Real GDP per capita 2024

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$16,300 (2024 est.)

Real GDP per capita 2023

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$15,800 (2023 est.)

Real GDP per capita 2022

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$15,300 (2022 est.)

note

<b>note:</b> data in 2021 dollars

GDP (official exchange rate)

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$44.458 billion (2024 est.)

note

<b>note:</b> data in current dollars at official exchange rate

Inflation rate (consumer prices)

Inflation rate (consumer prices) 2024

text

3.8% (2024 est.)

Inflation rate (consumer prices) 2023

text

4.6% (2023 est.)

Inflation rate (consumer prices) 2022

text

9.8% (2022 est.)

note

<b>note:</b> annual % change based on consumer prices

GDP - composition, by sector of origin

agriculture

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10.7% (2024 est.)

industry

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32.5% (2024 est.)

services

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48.7% (2024 est.)

note

<b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data

GDP - composition, by end use

household consumption

text

67% (2024 est.)

government consumption

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12.6% (2024 est.)

investment in fixed capital

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21% (2024 est.)

investment in inventories

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1.8% (2024 est.)

exports of goods and services

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37.2% (2024 est.)

imports of goods and services

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-39.6% (2024 est.)

note

<b>note:</b> figures may not total 100% due to rounding or gaps in data collection

Agricultural products

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soybeans, sugarcane, maize, cassava, wheat, rice, milk, beef, oranges, bananas (2023)

note

<b>note:</b> top ten agricultural products based on tonnage

Industries

text

sugar processing, cement, textiles, beverages, wood products, steel, base metals, electric power

Industrial production growth rate

text

2.2% (2024 est.)

note

<b>note:</b> annual % change in industrial value added based on constant local currency

Labor force

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3.502 million (2024 est.)

note

<b>note:</b> number of people ages 15 or older who are employed or seeking work

Unemployment rate

Unemployment rate 2024

text

6.1% (2024 est.)

Unemployment rate 2023

text

5.8% (2023 est.)

Unemployment rate 2022

text

6.8% (2022 est.)

note

<b>note:</b> % of labor force seeking employment

Youth unemployment rate (ages 15-24)

total

text

14.1% (2024 est.)

male

text

11% (2024 est.)

female

text

18.8% (2024 est.)

note

<b>note:</b> % of labor force ages 15-24 seeking employment

Population below poverty line

text

24.7% (2022 est.)

note

<b>note:</b> % of population with income below national poverty line

Gini Index coefficient - distribution of family income

Gini Index coefficient - distribution of family income 2023

text

44.4 (2023 est.)

note

<b>note:</b> index (0-100) of income distribution; higher values represent greater inequality

Average household expenditures

on food

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29.3% of household expenditures (2023 est.)

on alcohol and tobacco

text

4.2% of household expenditures (2023 est.)

Household income or consumption by percentage share

lowest 10%

text

1.8% (2023 est.)

highest 10%

text

34.4% (2023 est.)

note

<b>note:</b> % share of income accruing to lowest and highest 10% of population

Remittances

Remittances 2024

text

2% of GDP (2024 est.)

Remittances 2023

text

1.7% of GDP (2023 est.)

Remittances 2022

text

1.4% of GDP (2022 est.)

note

<b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities

Budget

revenues

text

$7.751 billion (2023 est.)

expenditures

text

$9.397 billion (2023 est.)

note

<b>note:</b> central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated

Public debt

Public debt 2016

text

18.9% of GDP (2016 est.)

Taxes and other revenues

text

10.1% (of GDP) (2023 est.)

note

<b>note:</b> central government tax revenue as a % of GDP

Current account balance

Current account balance 2024

text

-$1.666 billion (2024 est.)

Current account balance 2023

text

-$176.597 million (2023 est.)

Current account balance 2022

text

-$2.948 billion (2022 est.)

note

<b>note:</b> balance of payments - net trade and primary/secondary income in current dollars

Exports

Exports 2024

text

$17.395 billion (2024 est.)

Exports 2023

text

$18.581 billion (2023 est.)

Exports 2022

text

$14.971 billion (2022 est.)

note

<b>note:</b> balance of payments - exports of goods and services in current dollars

Exports - partners

text

Argentina 33%, Brazil 25%, Chile 10%, USA 2%, Uruguay 2% (2023)

note

<b>note:</b> top five export partners based on percentage share of exports

Exports - commodities

text

soybeans, beef, electricity, corn, soybean meal (2023)

note

<b>note:</b> top five export commodities based on value in dollars

Imports

Imports 2024

text

$18.377 billion (2024 est.)

Imports 2023

text

$17.848 billion (2023 est.)

Imports 2022

text

$17.088 billion (2022 est.)

note

<b>note:</b> balance of payments - imports of goods and services in current dollars

Imports - partners

text

China 33%, Brazil 24%, USA 8%, Argentina 7%, Germany 2% (2023)

note

<b>note:</b> top five import partners based on percentage share of imports

Imports - commodities

text

broadcasting equipment, refined petroleum, fertilizers, cars, pesticides (2023)

note

<b>note:</b> top five import commodities based on value in dollars

Reserves of foreign exchange and gold

Reserves of foreign exchange and gold 2023

text

$9.886 billion (2023 est.)

Reserves of foreign exchange and gold 2022

text

$9.519 billion (2022 est.)

Reserves of foreign exchange and gold 2021

text

$9.661 billion (2021 est.)

note

<b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Debt - external

Debt - external 2023

text

$13.783 billion (2023 est.)

note

<b>note:</b> present value of external debt in current US dollars

Exchange rates

Currency

text

guarani (PYG) per US dollar -

Exchange rates 2024

text

7,560.248 (2024 est.)

Exchange rates 2023

text

7,288.872 (2023 est.)

Exchange rates 2022

text

6,982.752 (2022 est.)

Exchange rates 2021

text

6,774.163 (2021 est.)

Exchange rates 2020

text

6,771.097 (2020 est.)

Energy

Electricity access

electrification - total population

text

100% (2022 est.)

Electricity

installed generating capacity

text

8.928 million kW (2023 est.)

consumption

text

14.835 billion kWh (2023 est.)

exports

text

24.202 billion kWh (2023 est.)

transmission/distribution losses

text

5.209 billion kWh (2023 est.)

Electricity generation sources

hydroelectricity

text

99.4% of total installed capacity (2023 est.)

biomass and waste

text

0.5% of total installed capacity (2023 est.)

Coal

consumption

text

700 metric tons (2023 est.)

exports

text

10 metric tons (2023 est.)

imports

text

100 metric tons (2023 est.)

Petroleum

total petroleum production

text

2,000 bbl/day (2023 est.)

refined petroleum consumption

text

52,000 bbl/day (2023 est.)

Energy consumption per capita

Total energy consumption per capita 2023

text

25.733 million Btu/person (2023 est.)

Communications

Telephones - fixed lines

total subscriptions

text

206,000 (2023 est.)

subscriptions per 100 inhabitants

text

3 (2023 est.)

Telephones - mobile cellular

total subscriptions

text

8.67 million (2023 est.)

subscriptions per 100 inhabitants

text

127 (2023 est.)

Broadcast media

text

6 privately owned TV stations; about 75 commercial and community radio stations; 1 state-owned radio network (2019)

Internet country code

text

.py

Internet users

percent of population

text

78% (2023 est.)

Broadband - fixed subscriptions

total

text

878,000 (2023 est.)

subscriptions per 100 inhabitants

text

13 (2023 est.)

Transportation

Civil aircraft registration country code prefix

text

ZP

Airports

text

83 (2025)

Heliports

text

29 (2025)

Railways

total

text

30 km (2014)

standard gauge

text

30 km (2014) 1.435-m gauge

Merchant marine

total

text

108 (2023)

by type

text

container ship 2, general cargo 22, oil tanker 5, other 79

Ports

total ports

text

1 (2024)

large

text

0

medium

text

0

small

text

0

very small

text

1

ports with oil terminals

text

0

key ports

text

Puerto de Asuncion

Military and Security

Military and security forces

text

Armed Forces of Paraguay (Fuerzas Armadas de Paraguay; aka Armed Forces of the Nation or Fuerzas Armadas de la Nación): Paraguayan Army (Ejército Paraguayo), Paraguayan Navy (Armada Paraguaya; includes marines), Paraguayan Air Force (Fuerza Aérea Paraguaya)<br><br>Ministry of Internal Affairs: National Police of Paraguay (Policía Nacional del Paraguay, PNP) (2025)

Military expenditures

Military Expenditures 2024

text

0.8% of GDP (2024 est.)

Military Expenditures 2023

text

0.8% of GDP (2023 est.)

Military Expenditures 2022

text

0.8% of GDP (2022 est.)

Military Expenditures 2021

text

1% of GDP (2021 est.)

Military Expenditures 2020

text

1% of GDP (2020 est.)

Military and security service personnel strengths

text

approximately 15,000 active duty Armed Forces (2025)

Military equipment inventories and acquisitions

text

the military's inventory is comprised of mostly older or obsolescent equipment from a variety of foreign suppliers, particularly Brazil and the US; in recent years, the military has received small quantities of more modern equipment, such as light attack aircraft from Brazil and secondhand helicopters from Taiwan (2025)

Military service age and obligation

text

18-25 years of age for voluntary service for men and women; all men 18-25 are required to perform military service for at least 12 months (2025)

Military - note

text

the Paraguayan military is responsible for external defense and has a role in domestic security duties; it provides support for natural disasters and cooperates with the National Police and other internal security organizations in combating the Paraguayan People’s Army (Ejército del Pueblo Paraguayo or EPP) and transnational criminal organizations, largely narcotics traffickers; the EPP is a small, domestic criminal/guerrilla group operating in the rural northern part of the country along the border with Brazil; the activities of the EPP and its offshoots—Marsical López’s Army (EML) and the Armed Peasant Association (ACA)—have consisted largely of isolated attacks on remote police and army posts, or against ranchers and peasants accused of aiding Paraguayan security forces<br><br>the Paraguayan military has deployed small numbers of troops on UN peacekeeping missions and cooperates with neighboring countries, such as Argentina and Brazil, on security issues, particularly organized crime and narco-trafficking in what is known as the Tri-Border Area; Paraguay has not fought a war against a neighboring country since the Chaco War with Bolivia in the 1930s (2025)

Space

Space agency/agencies

text

Space Agency of Paraguay (Agencia Especial del Paraguay, AEP; established 2014) (2025)

Space program overview

text

has a small, recently established space program focused on the acquisition of satellites, satellite data, and the technologies and capabilities to manufacture satellites, as well as promoting domestic expertise and industry; a priority is acquiring remote sensing capabilities to support socio-economic development, including resource mapping, weather, and crop monitoring; has built a cube satellite with foreign assistance; operates satellites; cooperates with foreign space agencies and industries, including those of India, Japan, Taiwan, the US, and member states of the Latin American and Caribbean Space Agency (2025)

Key space-program milestones

text

2017 - organized country’s first international conference on space issues<br><br>2021 - first research/technology-demonstrator cube satellite (Guaranisat-1) built jointly with Japan, launched by US, and deployed from International Space Station; signed protocols for the establishment of the Latin American and Caribbean Space Agency<br><br>2025 - developing Guarani-Sat-2, which will be Paraguay's second satellite and the first designed and built domestically

Terrorism

Terrorist group(s)

text

Hizballah

note

<strong>note:</strong> details about the history, aims, leadership, organization, areas of operation, tactics, targets, weapons, size, and sources of support of the group(s) appear(s) in the Terrorism reference guide

Transnational Issues

Refugees and internally displaced persons

refugees

text

7,649 (2024 est.)

IDPs

text

141 (2024 est.)

stateless persons

text

5 (2024 est.)