
Paraguay Country Profile
Key Facts of Paraguay

Government type: | presidential republic |
Capital: | Asunción |
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.) |
Paraguay Demographic Data
Ethnic Groups in Paraguay(mixed Spanish and Indigenous ancestry)
Religious Groups in Paraguay (2023 est.)
Age pyramid of Paraguay

Paraguay Economy Statistics
Economic overview of Paraguay
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
Paraguay Real GDP (purchasing power parity) in Billion $
Paraguay Real GDP per capita in $
Paraguay's Exports & Imports in billion $
Top 5 Import Partnerin 2022 (73%) of Paraguay
Top 5 Import Commoditiesin 2022 of Paraguay
- refined petroleum ⛽
- broadcasting equipment 📡
- cars 🚗
- fertilizers 💩
- pesticides 💉🌿
Top 5 Export Partnerin 2022 (73%) of Paraguay
Top 5 Export Commoditiesin 2022 of Paraguay
- beef 🥩
- electricity ⚡
- soybeans 🫘
- corn 🌽
- soybean meal 🫘🍲
Geography of Paraguay
Map of Paraguay

Land and Water Distrubtion of Paraguay
Natural Resources of Paraguay
- hydropower 💧⚡
- timber 🌲
- iron ore ⛓️
- manganese 🪙
- limestone 🪨
Climate inParaguay
subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west
History of Paraguay - a Summary
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.