Country profile
Paraguay
Republic of Paraguay · South America
👥 Population
7,013,078
World Bank · 2025
🏛 Capital
Asunción
🗺 Area
406,752 km²
💹 GDP (nominal)
$49.28B
World Bank · 2025
📈 HDI
0.756
UNDP · 2023
📍 Pop. density
17 /km²
💱 Currency
PYG
Paraguayan guaraní
🗣 Languages
Guaraní, Spanish
About Paraguay
Paraguay (officially Republic of Paraguay) is a country in South America, with Asunción as its capital. It is home to roughly 7.01 million people, giving a population density of about 17 people per square kilometre. The country covers 406,752 km² of land and shares land borders with 3 neighbouring countries. Its economy is valued at approximately $49.28B in nominal GDP (2025), and it records a Human Development Index of 0.756. The official currency is the Paraguayan guaraní (PYG), and the main languages are Guaraní, Spanish.
Key indicators
Latest available data · World Bank & UNDP.
💹 Economy
GDP (PPP)
$128.35B
GDP/capita (PPP)
$18,524
GDP growth
6.6%
Inflation
4.0%
Unemployment
4.8%
👥 People
Life expectancy
74.0 yrs
Fertility rate
2.42
Pop. growth
1.2%
Urban population
70.4%
Infant mortality /1k
14.5
🌍 Quality of Life
Internet users
81.6%
Literacy rate
94.9%
Physicians /1k
3.89
Renewable energy
58.8%
Travel & practical
Capital
Asunción
Currency
PYG
Dialing code
+595
Internet TLD
.py
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Fun facts about Paraguay
- Paraguay is the 106th most populous country in the world, with about 7.01 million people.
- By land area it is the 59th-largest country in the world, covering 406,752 km².
- It has the world's 96th-largest economy by nominal GDP ($49.28B).
- Paraguay shares land borders with 3 countries.
- It is classed by the UN as a country of high human development, with an HDI of 0.756.
- Paraguay has a population density of about 17 people per square kilometre.
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Chile
Ecuador
Uruguay
Guyana
Suriname