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Flag of Paraguay

Paraguay

South America

-23.00°, -58.00°

CapitalAsunció
Population7,604,044
Area406,752 km²
GDP per capita$16,300
LanguagesSpanish and Guarani, exclusively Guarani, exclusively Spanish, other languages, no answer
Currencyguarani
Life Expectancy78.8 yr
Governmentpresidential republic
IntroductionGeographyPeople & SocietyEnvironmentGovernmentEconomyEnergyCommunicationsTransportationMilitary & SecurityTerrorismTransnational IssuesSpaceCitiesSearch PeopleAirportsNewspapersRadio StationsGovernment WebsitesTourist Attractions

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  • Introduction
  • Geography
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  • Government
  • Economy
  • Energy
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Introduction

Background

Before the Spanish arrived in the early 16th century, the region that is now known as Paraguay was primarily occupied by various Indigenous groups, mainly of the Guarani language family. This territory was subsequently integrated into the Viceroyalty of Peru. Paraguay declared its independence from Spanish rule in 1811, with assistance from neighboring countries. Following independence, the nation was governed by a succession of military dictators until 1870. The catastrophic War of the Triple Alliance, which lasted from 1864 to 1870 and pitted Paraguay against Argentina, Brazil, and Uruguay, resulted in the loss of two-thirds of the male population and a significant portion of its territory. For the subsequent fifty years, the country experienced economic stagnation and a turbulent succession of political regimes. After the Chaco War from 1932 to 1935 with Bolivia, Paraguay acquired a substantial portion of the Chaco lowlands. The lengthy military dictatorship of Alfredo STROESSNER, which lasted for 35 years, came to an end in 1989, and since then, Paraguay has conducted relatively free and regular presidential elections, marking its return to democratic governance.

Geography

Area

land

397,302 sq km

water

9,450 sq km

total

406,752 sq km

Climate

ranging from subtropical to temperate climates; significant precipitation occurs in the eastern regions, transitioning to semiarid conditions in the extreme west

Terrain

comprising grassy plains and forested hills located east of the Río Paraguay; the Gran Chaco area to the west of the river is predominantly a low, marshy plain adjacent to the river, with dry forests and thorny scrub occupying other areas

Land use

other

7% (2023 est.)

forest

36.9% (2023 est.)

agricultural land

54.1% (2023 est.)

agricultural land: arable land

arable land: 11.5% (2023 est.)

agricultural land: permanent crops

permanent crops: 0.2% (2023 est.)

agricultural land: permanent pasture

permanent pasture: 42.4% (2023 est.)

Location

situated in Central South America, positioned northeast of Argentina and southwest of Brazil

Coastline

0 km (landlocked)

Elevation

lowest point

the confluence of the Río Paraguay and the Río Paraná is at an elevation of 46 meters

highest point

Cerro Pero 842 m

mean elevation

178 m

Irrigated land

1,362 sq km (2012)

Major aquifers

Guarani Aquifer System

Map references

South America

Land boundaries

total

4,655 km

border countries

Argentina: 2,531 kilometers; Bolivia: 753 kilometers; Brazil: 1,371 kilometers

Maritime claims

none (landlocked)

Natural hazards

local flooding is prevalent in the southeast from early September to June; poorly drained lowlands may become waterlogged from early October to June

Geography - note

a landlocked nation bordered by Argentina, Bolivia, and Brazil; its population is primarily concentrated in the eastern and southern regions of the country

Natural resources

resources include hydropower, timber, iron ore, manganese, and limestone

Area - comparative

approximately three times larger than New York State; slightly smaller than California

Geographic coordinates

23 00 S, 58 00 W

Population distribution

the majority of the population lives in the eastern half of the nation; to the west lies the Gran Chaco, a semi-arid lowland plain that constitutes 60% of the total land area but is home to only 2% of the population

Major watersheds (area sq km)

Atlantic Ocean drainage

Paraná (2,582,704 sq km)

Major rivers (by length in km)

Río de la Plata/Paraná (shared with Brazil [s], Argentina, and Uruguay [m]) - 4,880 kilometers; mouth of the Paraguay River (shared with Brazil [s] and Argentina) - 2,549 kilometers

note: [s] following the country name denotes the river source; [m] following the country name denotes the river mouth

People & Society

Literacy

male

95.4% (2024 est.)

female

94.3% (2024 est.)

total population

94.9% (2024 est.)

Languages

note: figures denote the primary language spoken in households

Languages

Spanish (official) and Guarani (official) 46.3%, exclusively Guarani 34%, exclusively Spanish 15.2%, other languages (including Portuguese, German, and various Indigenous tongues) 4.1%, no answer 0.4% (2012 estimate)

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.

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.)

Sex ratio

at birth

1.05 male(s)/female

0-14 years

1.04 male(s)/female

15-64 years

1.01 male(s)/female

total population

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

65 years and over

0.91 male(s)/female

Birth rate

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

Death rate

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

Median age

male

31.6 years

total

32.3 years (2025 est.)

female

32 years

Population

male

3,809,407

total

7,604,044 (2025 est.)

female

3,794,637

Nationality

noun

Paraguayan(s)

adjective

Paraguayan

Tobacco use

male

15.5% (2025 est.)

total

9.3% (2025 est.)

female

3.3% (2025 est.)

Urbanization

urban population

63.1% of total population (2023)

rate of urbanization

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

Age structure

0-14 years

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

15-64 years

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

65 years and over

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

Ethnic groups

Mestizo (of mixed Spanish and Indigenous heritage) 95%, others 5%

Child marriage

women married by age 15

3.6% (2016)

women married by age 18

21.6% (2016)

Dependency ratios

total dependency ratio

46.7 (2025 est.)

youth dependency ratio

32.4 (2025 est.)

potential support ratio

7 (2025 est.)

elderly dependency ratio

14.3 (2025 est.)

Physician density

3.89 physicians/1,000 population (2022)

Health expenditure

Health expenditure (as % of GDP)

8% of GDP (2021)

Health expenditure (as % of national budget)

17.4% of national budget (2022 est.)

Net migration rate

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

Hospital bed density

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

Total fertility rate

1.88 children born/woman (2025 est.)

Drinking water source

improved: rural

rural: 99.1% of population (2022 est.)

improved: total

total: 99.6% of population (2022 est.)

improved: urban

urban: 99.9% of population (2022 est.)

unimproved: rural

rural: 0.9% of population (2022 est.)

unimproved: total

total: 0.4% of population (2022 est.)

unimproved: urban

urban: 0.1% of population (2022 est.)

Education expenditure

Education expenditure (% GDP)

3.4% of GDP (2023 est.)

Education expenditure (% national budget)

11.7% national budget (2025 est.)

Infant mortality rate

male

26.1 deaths/1,000 live births

total

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

female

17.7 deaths/1,000 live births

Population growth rate

1.06% (2025 est.)

Gross reproduction rate

0.92 (2025 est.)

Population distribution

a majority of the populace is located in the eastern portion of the nation; the Gran Chaco region (a semi-arid lowland area) is situated to the west, covering 60% of the land area, yet housing only 2% of the total population

Life expectancy at birth

male

76.2 years

female

81.6 years

total population

78.8 years (2024 est.)

Maternal mortality ratio

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

Sanitation facility access

improved: rural

rural: 94.9% of population (2022 est.)

improved: total

total: 98.1% of population (2022 est.)

improved: urban

urban: 100% of population (2022 est.)

unimproved: rural

rural: 5.1% of population (2022 est.)

unimproved: total

total: 1.9% of population (2022 est.)

unimproved: urban

urban: 0% of population (2022 est.)

Alcohol consumption per capita

beer

3.27 liters of pure alcohol (2019 est.)

wine

0.59 liters of pure alcohol (2019 est.)

total

5.47 liters of pure alcohol (2019 est.)

spirits

1.59 liters of pure alcohol (2019 est.)

other alcohols

0.03 liters of pure alcohol (2019 est.)

Major urban areas - population

3.511 million ASUNCION (capital) (2023)

Obesity - adult prevalence rate

20.3% (2016)

Mother's mean age at first birth

note: data indicates the median age of women aged 25-29 at their first childbirth

22.9 years (2008 est.)

Currently married women (ages 15-49)

54.8% (2022 est.)

Children under the age of 5 years underweight

1.3% (2016 est.)

Environment

Climate

ranging from subtropical to temperate climates; significant precipitation is observed in the eastern regions, transitioning to semiarid conditions in the extreme west

Land use

other

7% (2023 est.)

forest

36.9% (2023 est.)

agricultural land

54.1% (2023 est.)

agricultural land: arable land

arable land: 11.5% (2023 est.)

agricultural land: permanent crops

permanent crops: 0.2% (2023 est.)

agricultural land: permanent pasture

permanent pasture: 42.4% (2023 est.)

Urbanization

urban population

63.1% of total population (2023)

rate of urbanization

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

Methane emissions

other

10 kt (2019-2021 est.)

waste

101.2 kt (2019-2021 est.)

energy

37.3 kt (2022-2024 est.)

agriculture

813 kt (2019-2021 est.)

Waste and recycling

municipal solid waste generated annually

1.819 million tons (2024 est.)

percent of municipal solid waste recycled

18.1% (2022 est.)

Environmental issues

deforestation; pollution of water bodies; hazardous waste disposal into rivers and streams; degradation of wetlands; insufficient waste management systems in urban locales

Total water withdrawal

municipal

362 million cubic meters (2022 est.)

industrial

154 million cubic meters (2022 est.)

agricultural

1.897 billion cubic meters (2022 est.)

Carbon dioxide emissions

total emissions

7.509 million metric tonnes of CO2 (2023 est.)

from coal and metallurgical coke

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

from petroleum and other liquids

7.507 million metric tonnes of CO2 (2023 est.)

Particulate matter emissions

12.5 micrograms per cubic meter (2019 est.)

Total renewable water resources

387.77 billion cubic meters (2022 est.)

International environmental agreements

party to

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

Nuclear Test Ban, Tropical Timber 2006

Government

Flag

note 1: resembles the flag of the Netherlands, which lacks a central emblem

note 2: one of three national flags that are different on each side -- the others being Moldova and Saudi Arabia

description: features three equal horizontal stripes of red (top), white, and blue, with an emblem positioned in the center of the white band; one side of the flag displays the national coat of arms, which includes a five-pointed yellow star encircled by a green wreath, along with the inscription REPUBLICA DEL PARAGUAY, all enclosed within two circles; the reverse side bears a circular treasury seal (depicting a yellow lion beneath a red Cap of Liberty with the words PAZ Y JUSTICIA)

meaning: red symbolizes bravery and patriotism, white denotes integrity and peace, and blue represents liberty and generosity

Capital

name

Asunción

etymology

the term translates to "assumption" in Spanish; the city was established by the Spanish on August 15, 1537, coinciding with the Catholic feast day dedicated to the Assumption of the Virgin Mary 

time difference

UTC-3 (which is 2 hours ahead of Washington, DC, during Standard Time)

geographic coordinates

25 16 S, 57 40 W

Suffrage

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

Citizenship

citizenship by birth

yes

citizenship by descent only

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

dual citizenship recognized

yes

residency requirement for naturalization

3 years

Constitution

history

several previous constitutions; the most recent one was approved and promulgated on June 20, 1992

amendment process

can be proposed by at least one quarter of either chamber of the National Congress, by the president of the republic, or through a petition signed by at least 30,000 voters; a two-thirds majority vote in both chambers and subsequent approval in a referendum is required for passage

Country name

etymology

takes its name from the river of the same designation; the river's name is possibly derived from the Guarani words para (water or river) and guay (born)

local long form

República del Paraguay

local short form

Paraguay

conventional long form

Republic of Paraguay

conventional short form

Paraguay

Independence

note: the revolt against Spanish rule occurred during the night of May 14-15, 1811, thus both dates are commemorated in Paraguay

14-15 May 1811 (from Spain)

Legal system

operates under a civil law system influenced by Argentine, Spanish, Roman, and French civil law traditions; the Supreme Court of Justice is responsible for reviewing legislative acts

Government type

presidential republic

Judicial branch

highest court(s)

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

subordinate courts

includes appellate courts; courts of first instance; and minor courts, such as justices of the peace

judge selection and term of office

justices are nominated by the Council of Magistrates or Consejo de la Magistratura, a 6-member independent body, and appointed by the Chamber of Senators with the president's approval; judges are eligible to serve until the mandatory retirement age of 75

Executive branch

note: the president serves as both the chief of state and the head of government

cabinet

Council of Ministers appointed by the president

chief of state

President Santiago PEÑA Palacios (in office since August 15, 2023)

election results


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%

head of government

President Santiago PEÑA Palacios (in office since August 15, 2023)

most recent election date

30 April 2023

election/appointment process

president and vice president directly elected on the same ballot by simple-majority popular vote for a single 5-year term

expected date of next election

April 2028

National holiday

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

National color(s)

red, white, blue

National heritage

total World Heritage Sites

1 (cultural)

selected World Heritage Site locales

Jesuit Missions of La Santísima Trinidad de Paraná and Jesús de Tavarangue

Political parties

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

Legislative branch

legislature name

Congress (Congreso)

legislative structure

bicameral

National anthem(s)

title

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

history

adopted 1846 (lyrics) and 1934 (music) 

lyrics/music

Francisco Esteban ACUNA de Figueroa/Remberto GIMENEZ   

National symbol(s)

lion

Administrative 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

Legislative branch - lower chamber

chamber name

Chamber of Deputies (Cámara de Diputados)

term in office

5 years

number of seats

80 (all directly elected)

electoral system

proportional representation

scope of elections

full renewal

most recent election date

4/30/2023

expected date of next election

April 2028

percentage of women in chamber

23.8%

parties elected and seats per party

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

Legislative branch - upper chamber

chamber name

Senate (Cámara de Senadores)

term in office

5 years

number of seats

45 (all directly elected)

electoral system

proportional representation

scope of elections

full renewal

most recent election date

4/30/2023

expected date of next election

April 2028

percentage of women in chamber

22.2%

parties elected and seats per party

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

Diplomatic representation in the US

FAX

[1] (202) 234-4508

chancery

2209 Massachusetts Avenue, NW, Washington DC  20008

telephone

[1] (202) 483-6960

chief of mission

Ambassador Gustavo Alfredo LEITE Gusinky (since 5 September 2025)

consulate(s) general

Los Angeles, Miami, New York

email address and website


[email protected]

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

Diplomatic representation from the US

FAX

[595] (21) 213-728

embassy

1776 Mariscal Lopez Avenue, Asuncion

telephone

[595] (21) 248-3000

mailing address

3020 Asuncion Place, Washington DC  20521-3020

chief of mission

Ambassador (vacant); Chargé d’Affaires Robert ALTER (since July 2025)

email address and website


[email protected]

https://py.usembassy.gov/

International organization participation

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

International law organization participation

accepts compulsory ICJ jurisdiction; accepts ICCt jurisdiction

Economy

Budget

note: revenues and expenditures of the central government (excluding grants) are expressed in US dollars at the average official exchange rate for the specified year

revenues

$7.751 billion (2023 est.)

expenditures

$9.397 billion (2023 est.)

Exports

note: balance of payments - value of goods and services exported in current dollars

Exports 2022

$14.971 billion (2022 est.)

Exports 2023

$18.581 billion (2023 est.)

Exports 2024

$17.395 billion (2024 est.)

Imports

note: balance of payments - value of goods and services imported in current dollars

Imports 2022

$17.088 billion (2022 est.)

Imports 2023

$17.848 billion (2023 est.)

Imports 2024

$18.377 billion (2024 est.)

Industries

sugar manufacturing, cement, textiles, beverages, timber products, steel, base metals, electricity generation

Labor force

note: individuals aged 15 and over who are either employed or actively looking for work

3.502 million (2024 est.)

Public debt

Public debt 2016

18.9% of GDP (2016 est.)

Remittances

note: personal transfers and payments between residents and non-residents, including individuals, households, and entities

Remittances 2022

1.4% of GDP (2022 est.)

Remittances 2023

1.7% of GDP (2023 est.)

Remittances 2024

2% of GDP (2024 est.)

Exchange rates

Currency

guarani (PYG) per US dollar -

Exchange rates 2020

6,771.097 (2020 est.)

Exchange rates 2021

6,774.163 (2021 est.)

Exchange rates 2022

6,982.752 (2022 est.)

Exchange rates 2023

7,288.872 (2023 est.)

Exchange rates 2024

7,560.248 (2024 est.)

Debt - external

note: the present value of external debt measured in current US dollars

Debt - external 2023

$13.783 billion (2023 est.)

Economic overview

upper middle-income economy in South America; the COVID-19 pandemic impacted recovery from the recession that began in 2019 due to Argentina; a prominent leader in hydroelectric power; a significant site of corruption and money laundering; a predominantly agricultural economy; marked income disparity

Unemployment rate

note: percentage of the labor force that is actively seeking employment

Unemployment rate 2022

6.8% (2022 est.)

Unemployment rate 2023

5.8% (2023 est.)

Unemployment rate 2024

6.1% (2024 est.)

Exports - partners

note: leading five export partners ranked by share of total exports

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

Imports - partners

note: leading five import partners ranked by share of total imports

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

Real GDP per capita

note: data is presented in 2021 dollars

Real GDP per capita 2022

$15,300 (2022 est.)

Real GDP per capita 2023

$15,800 (2023 est.)

Real GDP per capita 2024

$16,300 (2024 est.)

Real GDP growth rate

note: annual percentage growth of GDP is calculated based on constant local currency

Real GDP growth rate 2022

0.2% (2022 est.)

Real GDP growth rate 2023

5% (2023 est.)

Real GDP growth rate 2024

4.2% (2024 est.)

Agricultural products

note: top ten agricultural products ranked by weight

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

Exports - commodities

note: leading five export commodities ranked by dollar value

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

Imports - commodities

note: leading five import commodities ranked by dollar value

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

Current account balance

note: balance of payments - net trade along with primary and secondary income in current dollars

Current account balance 2022

-$2.948 billion (2022 est.)

Current account balance 2023

-$176.597 million (2023 est.)

Current account balance 2024

-$1.666 billion (2024 est.)

Taxes and other revenues

note: central government tax revenue expressed as a percentage of GDP

10.1% (of GDP) (2023 est.)

GDP (official exchange rate)

note: data is shown in current dollars based on the official exchange rate

$44.458 billion (2024 est.)

GDP - composition, by end use

note: total figures might not equal 100% due to rounding or incomplete data collection

household consumption

67% (2024 est.)

government consumption

12.6% (2024 est.)

investment in inventories

1.8% (2024 est.)

investment in fixed capital

21% (2024 est.)

exports of goods and services

37.2% (2024 est.)

imports of goods and services

-39.6% (2024 est.)

Population below poverty line

note: percentage of the population living below the national poverty line

24.7% (2022 est.)

Average household expenditures

on food

29.3% of household expenditures (2023 est.)

on alcohol and tobacco

4.2% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note: annual percentage change based on consumer price index

Inflation rate (consumer prices) 2022

9.8% (2022 est.)

Inflation rate (consumer prices) 2023

4.6% (2023 est.)

Inflation rate (consumer prices) 2024

3.8% (2024 est.)

Industrial production growth rate

note: annual percentage change in industrial value added calculated using constant local currency

2.2% (2024 est.)

Real GDP (purchasing power parity)

note: data is provided in 2021 dollars

Real GDP (purchasing power parity) 2022

$103.159 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$108.316 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$112.919 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

11% (2024 est.)

note: percentage of the labor force aged 15-24 that is seeking employment

total

14.1% (2024 est.)

female

18.8% (2024 est.)

Reserves of foreign exchange and gold

note: holdings of gold (based on year-end prices), foreign exchange, and special drawing rights valued in current dollars

Reserves of foreign exchange and gold 2021

$9.661 billion (2021 est.)

Reserves of foreign exchange and gold 2022

$9.519 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$9.886 billion (2023 est.)

GDP - composition, by sector of origin

note: total figures may not equal 100% due to consumption not allocated in reported sector data

industry

32.5% (2024 est.)

services

48.7% (2024 est.)

agriculture

10.7% (2024 est.)

Household income or consumption by percentage share

note: percentage share of income received by the lowest and highest 10% of the population

lowest 10%

1.8% (2023 est.)

highest 10%

34.4% (2023 est.)

Gini Index coefficient - distribution of family income

note: index (ranging from 0 to 100) reflecting income distribution; higher values indicate greater inequality

Gini Index coefficient - distribution of family income 2023

44.4 (2023 est.)

Energy

Coal

exports

10 metric tons (2023 est.)

imports

100 metric tons (2023 est.)

consumption

700 metric tons (2023 est.)

Petroleum

total petroleum production

2,000 bbl/day (2023 est.)

refined petroleum consumption

52,000 bbl/day (2023 est.)

Electricity

exports

24.202 billion kWh (2023 est.)

consumption

14.835 billion kWh (2023 est.)

installed generating capacity

8.928 million kW (2023 est.)

transmission/distribution losses

5.209 billion kWh (2023 est.)

Electricity access

electrification - total population

100% (2022 est.)

Energy consumption per capita

Total energy consumption per capita 2023

25.733 million Btu/person (2023 est.)

Electricity generation sources

hydroelectricity

99.4% of total installed capacity (2023 est.)

biomass and waste

0.5% of total installed capacity (2023 est.)

Communications

Internet users

percent of population

78% (2023 est.)

Broadcast media

In 2019, the country had 6 privately owned television stations, roughly 75 commercial and community radio stations, and 1 state-operated radio network.

Internet country code

.py

Telephones - fixed lines

total subscriptions

206,000 (2023 est.)

subscriptions per 100 inhabitants

3 (2023 est.)

Telephones - mobile cellular

total subscriptions

8.67 million (2023 est.)

subscriptions per 100 inhabitants

127 (2023 est.)

Broadband - fixed subscriptions

total

878,000 (2023 est.)

subscriptions per 100 inhabitants

13 (2023 est.)

Transportation

Ports

large

0

small

0

medium

0

key ports

Puerto de Asuncion

very small

1

total ports

1 (2024)

ports with oil terminals

0

Airports

83 (2025)

Railways

total

30 km (2014)

standard gauge

30 km (2014) 1.435-m gauge

Heliports

29 (2025)

Merchant marine

total

108 (2023)

by type

2 container ships, 22 general cargo vessels, 5 oil tankers, 79 others

Civil aircraft registration country code prefix

ZP

Military & Security

Military - note

The Paraguay military is tasked with external defense and also engages in domestic security operations; it assists during natural disasters and collaborates with the National Police and various internal security agencies to combat the Paraguayan People’s Army (Ejército del Pueblo Paraguayo or EPP) and international criminal groups, primarily those involved in drug trafficking. The EPP is a minor, domestic guerrilla/criminal entity operating in the rural northern regions of the nation near the Brazilian border. Its actions, along with those of its splinter groups—Marsical López’s Army (EML) and the Armed Peasant Association (ACA)—mainly involve sporadic assaults on isolated police and military installations, as well as on farmers and peasants alleged to support Paraguayan security forces.

The Paraguayan military has sent limited numbers of personnel on United Nations peacekeeping missions and works in conjunction with neighboring nations, including Argentina and Brazil, addressing security matters, especially organized crime and drug trafficking within the Tri-Border Area. Paraguay has not engaged in military conflict with a neighboring nation since the Chaco War against Bolivia in the 1930s (2025).

Military expenditures

Military Expenditures 2020

1% of GDP (2020 est.)

Military Expenditures 2021

1% of GDP (2021 est.)

Military Expenditures 2022

0.8% of GDP (2022 est.)

Military Expenditures 2023

0.8% of GDP (2023 est.)

Military Expenditures 2024

0.8% of GDP (2024 est.)

Military and security forces

Armed Forces of Paraguay (Fuerzas Armadas de Paraguay; also known as Armed Forces of the Nation or Fuerzas Armadas de la Nación): Paraguayan Army (Ejército Paraguayo), Paraguayan Navy (Armada Paraguaya; which includes marines), Paraguayan Air Force (Fuerza Aérea Paraguaya)

Ministry of Internal Affairs: National Police of Paraguay (Policía Nacional del Paraguay, PNP) (2025)

Military service age and obligation

Voluntary service eligibility for both men and women is set at ages 18-25; all males within the age range of 18-25 are mandated to complete a minimum of 12 months of military service (2025).

Military equipment inventories and acquisitions

The military's inventory primarily consists of outdated or obsolescent equipment sourced from various foreign suppliers, notably Brazil and the United States; however, in recent years, it has acquired small amounts of more contemporary equipment, such as light attack aircraft from Brazil and used helicopters from Taiwan (2025).

Military and security service personnel strengths

There are approximately 15,000 personnel in active duty within the Armed Forces (2025).

Terrorism

Terrorist group(s)

note: information regarding the group's history, objectives, leadership structure, organizational framework, operational regions, strategies, targets, armaments, scale, and support sources can be found in the Terrorism reference guide

Hizballah

Transnational Issues

Refugees and internally displaced persons

IDPs

141 (2024 est.)

refugees

7,649 (2024 est.)

stateless persons

5 (2024 est.)

Space

Space agency/agencies

Paraguay's Space Agency (Agencia Especial del Paraguay, AEP; founded in 2014) (2025)

Space program overview

maintains a nascent space program that aims to acquire satellites, satellite data, and the necessary technologies and capacities for satellite manufacturing, while also fostering local expertise and industry; a key objective is to obtain remote sensing capabilities to aid socio-economic development, which includes resource mapping, weather prediction, and agricultural monitoring; has successfully constructed a cube satellite with international collaboration; operates satellites; collaborates with foreign space agencies and industries, including those from India, Japan, Taiwan, the United States, and member nations of the Latin American and Caribbean Space Agency (2025)

Key space-program milestones

2017 - hosted the nation’s inaugural international conference on space-related topics

2021 - collaborated with Japan to produce the first research/technology-demonstrator cube satellite (Guaranisat-1), which was launched by the United States and deployed from the International Space Station; formalized agreements for the creation of the Latin American and Caribbean Space Agency

2025 - in the process of developing Guarani-Sat-2, which will be Paraguay's second satellite and the first to be designed and constructed within the country

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