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Last update: January, 23 2021

Paraguay

flag of Paraguay
Government
NameRepublic of Paraguay
SpanishRepública del Paraguay 
GuaraniTetã Paraguái
Government typepresidential republic
CapitalAsuncion (522,287 (2019))
CurrencyGuaraní (PYG)
People
Population (2020)7,132,530 (104th)
Density of population17.83 P/km2 (210th)
NationalityParaguayan
Official languages
Spanish
Guarani
Ethnic groups
mestizo (mixed Spanish and Amerindian) 95%
other5%
Religions (2002)
Roman Catholic89.6%
Protestant6.2%
other Christian1.1%
other or unspecified1.9%
none1.1%
Life expectancy (2020)
Male75.2 years
Female80.7 years
Total population77.9 years (72nd)
Homicides
Total (2018)7.1 per 100,000 people (45th)
Geography
Land area397,302 km2
water area9,450 km2
total area406,752 km2 (61th)
Mean elevation178 m
Lowest point
junction of Rio Paraguay and Rio Parana46 m
Highest point
Cerro Pero842 m
Land use (2011)
Agricultural land53.8%
Arable land10.8%
Permanent crops0.2%
Permanent pasture42.8%
Forest43.8%
Other2.4%
Urbanization
Urban population (2020)62.2%
Rate of urbanization1.71% annual rate of change (2015 – 2020)
Economy
Labor force (2017)3.428 million  (101st)
Labor force by occupation (2008)
Agriculture26.5%
Industry18.5%
Services 55%
Unemployment rate (2017)5.7% (85th)
GDP (PPP) (estimate 2019)
Total$101.075 billion (88th)
Per capita$14,131 (96th)
GDP (nominal) (estimate 2019)
Total$44.557 billion (94th)
Per capita$6,229 (94th)
GDP by sector (estimate 2017)
Agriculture17.9%
Industry27.7%
Services54.5%
Exports (2017)$11.73 billion (83rd)
Exports partners (2017)
Brazil31.9%
Argentina15.9%
Chile6.9%
Russia5.9%
Imports (2017)$11.35 billion (95th)
Imports partners (2017)
China31.3%
Brazil23.4%
Argentina12.9%
US7.4%

Paraguay on the world map

Paraguay on the world map

Paraguay top 10 largest cities (2019)

  1. Asuncion (522,287)
  2. Ciudad del Este (301,815)
  3. Luque (277,301)
  4. San Lorenzo (257,530)
  5. Capiatá (236,828)
  6. Lambaré (179,800)
  7. Fernando de la Mora (176,943)
  8. Limpio (145,740)
  9. Ñemby (139,691)
  10. Encarnación (134,059)

Demography

Population pyramid

population pyramid of Paraguay (2020)

Age structure data

Estimate for 2020:

  • 0-14 years: 23.41% (male 857,303/female 826,470)
  • 15-24 years: 17.71% (male 640,400/female 633,525)
  • 25-54 years: 42.63% (male 1,532,692/female 1,532,851)
  • 55-64 years: 8.37% (male 306,100/female 295,890)
  • 65 years and over: 7.88% (male 267,351/female 299,103)

Remark: the age structure of a population affects a nation’s key socioeconomic issues. Countries with young populations (high percentage under age 15) need to invest more in schools, while countries with older populations (high percentage ages 65 and over) need to invest more in the health sector. The age structure can also be used to help predict potential political issues. For example, the rapid growth of a young adult population unable to find employment can lead to unrest.

Population from 1950 to 2020

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Source: United Nations, Department of Economic and Social Affairs, Population Division (2019). World Population Prospects 2019, Online Edition. Rev. 1.


Evolution of the life expectancy from 1960 to 2018

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Source: World Development Indicators, The World Bank

Economy

Agriculture:

cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (manioc, tapioca), fruits, vegetables, beef, pork, eggs, milk, timber

Industries:

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

Exports – commodities:

soybeans, livestock feed, cotton, meat, edible oils, wood, leather, gold

Imports – commodities:

road vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts

Time zone and current time in Paraguay

Go to our interactive map to get the current time in Paraguay

Sources: