Side-by-side comparison of Paraguay and Argentina across population, economy, quality of life, and more. Data updated 2026.
How do Paraguay and Argentina compare? Paraguay, located in South America, has a population of 7.6M and covers an area of 406,752 km². Its GDP (PPP) stands at $112.9B with a GDP per capita of $16,300. Argentina, in South America, has a population of 45.4M across 2.8M km², with a GDP of $1.2T and GDP per capita of $26,500. In terms of quality of life, Paraguay has a life expectancy of 78.8 years compared to Argentina's 78.8 years.