2017 Edition
CIA World Factbook 2017 Archive (HTML)
Introduction
Background
Paraguay achieved its independence from Spain in 1811. In the disastrous War of the Triple Alliance (1865-70) - between Paraguay and 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. 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, despite a marked increase in political infighting in recent years, Paraguay has held relatively free and regular presidential elections since the country's return to democracy.
Geography
Area
- 406,752 sq km 397,302 sq km 9,450 sq km
- land
- 397,302 sq km
- total
- 406,752 sq km
- water
- 9,450 sq km
Area - comparative
about three times the size of New York state; slightly smaller than California
Climate
subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west
Coastline
0 km (landlocked)
Elevation
- 178 m lowest point: junction of Rio Paraguay and Rio Parana 46 m highest point: Cerro Pero 842 m
- elevation extremes
- lowest point: junction of Rio Paraguay and Rio Parana 46 m
- highest point
- Cerro Pero 842 m
- mean elevation
- 178 m
Environment - current issues
deforestation; water pollution; inadequate means for waste disposal pose health risks for many urban residents; loss of wetlands
Environment - international agreements
- Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Wetlands none of the selected agreements
- party to
- Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Wetlands
- signed, but not ratified
- none of the selected agreements
Geographic coordinates
23 00 S, 58 00 W
Geography - note
landlocked; lies between Argentina, Bolivia, and Brazil; population concentrated in eastern and southern part of country
Irrigated land
1,362 sq km (2012)
Land boundaries
- 4,655 km Argentina 2,531 km, Bolivia 753 km, Brazil 1,371 km
- border countries (3)
- Argentina 2,531 km, Bolivia 753 km, Brazil 1,371 km
- total
- 4,655 km
Land use
- 53.8% arable land 10.8%; permanent crops 0.2%; permanent pasture 42.8% 43.8% 2.4% (2011 est.)
- agricultural land
- 53.8%
- forest
- 43.8%
- other
- 2.4% (2011 est.)
Location
Central South America, northeast of Argentina, southwest of Brazil
Map references
South America
Maritime claims
none (landlocked)
Natural hazards
local flooding in southeast (early September to June); poorly drained plains may become boggy (early October to June)
Natural resources
hydropower, timber, iron ore, manganese, limestone
Population - distribution
most of the population resides in the eastern half of the country; to the west lies the Gran Chaco (a semi-arid lowland plain), which accounts for 60% of the land territory, but only 2% of the overall population
Terrain
grassy plains and wooded hills east of Rio Paraguay; Gran Chaco region west of Rio Paraguay mostly low, marshy plain near the river, and dry forest and thorny scrub elsewhere
People and Society
Age structure
- 24.56% (male 867,854/female 837,480) 19.29% (male 673,354/female 666,053) 41.08% (male 1,426,941/female 1,425,279) 7.95% (male 281,388/female 270,939) 7.12% (male 232,011/female 262,440) (2017 est.)
- 0-14 years
- 24.56% (male 867,854/female 837,480)
- 15-24 years
- 19.29% (male 673,354/female 666,053)
- 25-54 years
- 41.08% (male 1,426,941/female 1,425,279)
- 55-64 years
- 7.95% (male 281,388/female 270,939)
- 65 years and over
- 7.12% (male 232,011/female 262,440) (2017 est.)
Birth rate
16.6 births/1,000 population (2017 est.)
Children under the age of 5 years underweight
2.6% (2012)
Contraceptive prevalence rate
- 79.4% percent of women aged 15-44 (2008)
- note
- percent of women aged 15-44 (2008)
Death rate
4.8 deaths/1,000 population (2017 est.)
Demographic profile
Paraguay falls below the Latin American average in several socioeconomic categories, including immunization rates, potable water, sanitation, and secondary school enrollment, and has greater rates of income inequality and child and maternal mortality. Paraguay's poverty rate has declined in recent years but remains high, especially in rural areas, with more than a third of the population below the poverty line. However, the well-being of the poor in many regions has improved in terms of housing quality and access to clean water, telephone service, and electricity. The fertility rate continues to drop, declining sharply from an average 4.3 births per woman in the late 1990s to about 2 in 2013, as a result of the greater educational attainment of women, increased use of contraception, and a desire for smaller families among young women. Paraguay is a country of emigration; it has not attracted large numbers of immigrants because of political instability, civil wars, years of dictatorship, and the greater appeal of neighboring countries. Paraguay first tried to encourage immigration in 1870 in order to rebound from the heavy death toll it suffered during the War of the Triple Alliance, but it received few European and Middle Eastern immigrants. In the 20th century, limited numbers of immigrants arrived from Lebanon, Japan, South Korea, and China, as well as Mennonites from Canada, Russia, and Mexico. Large flows of Brazilian immigrants have been arriving since the 1960s, mainly to work in agriculture. Paraguayans continue to emigrate to Argentina, Brazil, Uruguay, the United States, Italy, Spain, and France.
Dependency ratios
- 56.6 47.2 9.4 10.6 (2015 est.)
- elderly dependency ratio
- 9.4
- potential support ratio
- 10.6 (2015 est.)
- total dependency ratio
- 56.6
- youth dependency ratio
- 47.2
Drinking water source
- urban: 100% of population rural: 94.9% of population total: 98% of population urban: 0% of population rural: 5.1% of population total: 2% of population (2015 est.)
- rural
- 5.1% of population
- total
- 2% of population (2015 est.)
- urban
- 0% of population
Education expenditures
5% of GDP (2012)
Ethnic groups
mestizo (mixed Spanish and Amerindian) 95%, other 5%
Health expenditures
9.8% of GDP (2014)
HIV/AIDS - adult prevalence rate
0.5% (2016 est.)
HIV/AIDS - people living with HIV/AIDS
19,000 (2016 est.)
Hospital bed density
1.3 beds/1,000 population (2011)
Infant mortality rate
- 18.7 deaths/1,000 live births 22.1 deaths/1,000 live births 15.2 deaths/1,000 live births (2017 est.)
- female
- 15.2 deaths/1,000 live births (2017 est.)
- male
- 22.1 deaths/1,000 live births
- total
- 18.7 deaths/1,000 live births
Languages
Spanish (official), Guarani (official)
Life expectancy at birth
- 77.4 years 74.7 years 80.2 years (2017 est.)
- female
- 80.2 years (2017 est.)
- male
- 74.7 years
- total population
- 77.4 years
Literacy
- age 15 and over can read and write 95.1% 95.8% 94.3% (2015 est.)
- definition
- age 15 and over can read and write
- female
- 94.3% (2015 est.)
- male
- 95.8%
- total population
- 95.1%
Major infectious diseases
- intermediate bacterial diarrhea, hepatitis A, and typhoid fever dengue fever active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)
- degree of risk
- intermediate
- food or waterborne diseases
- bacterial diarrhea, hepatitis A, and typhoid fever
- note
- active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)
- vectorborne disease
- dengue fever
Major urban areas - population
ASUNCION (capital) 2.356 million (2015)
Maternal mortality rate
132 deaths/100,000 live births (2015 est.)
Median age
- 28.2 years 28 years 28.5 years (2017 est.)
- female
- 28.5 years (2017 est.)
- male
- 28 years
- total
- 28.2 years
Mother's mean age at first birth
- 22.9 years median age at first birth among women 25-29 (2008 est.)
- note
- median age at first birth among women 25-29 (2008 est.)
Nationality
- Paraguayan(s) Paraguayan
- adjective
- Paraguayan
- noun
- Paraguayan(s)
Net migration rate
-0.1 migrant(s)/1,000 population (2017 est.)
Obesity - adult prevalence rate
20.3% (2016)
Physicians density
1.29 physicians/1,000 population (2012)
Population
6,943,739 (July 2017 est.)
Population distribution
most of the population resides in the eastern half of the country; to the west lies the Gran Chaco (a semi-arid lowland plain), which accounts for 60% of the land territory, but only 2% of the overall population
Population growth rate
1.18% (2017 est.)
Religions
Roman Catholic 89.6%, Protestant 6.2%, other Christian 1.1%, other or unspecified 1.9%, none 1.1% (2002 census)
Sanitation facility access
- urban: 95.5% of population rural: 78.4% of population total: 88.6% of population urban: 4.5% of population rural: 21.6% of population total: 11.4% of population (2015 est.)
- rural
- 21.6% of population
- total
- 11.4% of population (2015 est.)
- urban
- 4.5% of population
School life expectancy (primary to tertiary education)
- 12 years 12 years 13 years (2010)
- female
- 13 years (2010)
- male
- 12 years
- total
- 12 years
Sex ratio
- 1.05 male(s)/female 1.04 male(s)/female 1.01 male(s)/female 1 male(s)/female 1.04 male(s)/female 0.88 male(s)/female 1.01 male(s)/female (2016 est.)
- 0-14 years
- 1.04 male(s)/female
- 15-24 years
- 1.01 male(s)/female
- 25-54 years
- 1 male(s)/female
- 55-64 years
- 1.04 male(s)/female
- 65 years and over
- 0.88 male(s)/female
- at birth
- 1.05 male(s)/female
- total population
- 1.01 male(s)/female (2016 est.)
Total fertility rate
1.9 children born/woman (2017 est.)
Unemployment, youth ages 15-24
- 13% 11.5% 12.3% (2015 est.)
- female
- 12.3% (2015 est.)
- male
- 11.5%
- total
- 13%
Urbanization
- 60.2% of total population (2017) 2.02% annual rate of change (2015-20 est.)
- rate of urbanization
- 2.02% annual rate of change (2015-20 est.)
- urban population
- 60.2% of total population (2017)
Government
Administrative divisions
17 departments (departamentos, singular - departamento) and 1 capital city*; Alto Paraguay, Alto Parana, Amambay, Asuncion*, Boqueron, Caaguazu, Caazapa, Canindeyu, Central, Concepcion, Cordillera, Guaira, Itapua, Misiones, Neembucu, Paraguari, Presidente Hayes, San Pedro
Capital
- Asuncion 25 16 S, 57 40 W UTC-4 (1 hour ahead of Washington, DC, during Standard Time) +1hr, begins first Sunday in October; ends last Sunday in March
- daylight saving time
- +1hr, begins first Sunday in October; ends last Sunday in March
- geographic coordinates
- 25 16 S, 57 40 W
- name
- Asuncion
- time difference
- UTC-4 (1 hour ahead of Washington, DC, during Standard Time)
Citizenship
- yes at least one parent must be a native-born citizen of Paraguay yes 3 years
- citizenship by birth
- yes
- citizenship by descent
- at least one parent must be a native-born citizen of Paraguay
- dual citizenship recognized
- yes
- residency requirement for naturalization
- 3 years
Constitution
several previous; latest approved and promulgated 20 June 1992; amended 2011, 2014 (2016)
Country name
- Republic of Paraguay Paraguay Republica del Paraguay Paraguay the precise meaning of the name Paraguay is unclear, but it seems to derive from the river of the same name; one explanation has the name meaning "water of the Payagua" (an indigenous tribe that lived along the river)
- conventional long form
- Republic of Paraguay
- conventional short form
- Paraguay
- etymology
- the precise meaning of the name Paraguay is unclear, but it seems to derive from the river of the same name; one explanation has the name meaning "water of the Payagua" (an indigenous tribe that lived along the river)
- local long form
- Republica del Paraguay
- local short form
- Paraguay
Diplomatic representation from the US
- Ambassador (vacant); Charge d'Affaires Hugo F. RODRIGUES, Jr. (since 20 January 2017) 1776 Avenida Mariscal Lopez, Casilla Postal 402, Asuncion Unit 4711, DPO AA 34036-0001 [595] (21) 213-715 [595] (21) 213-728
- chief of mission
- Ambassador (vacant); Charge d'Affaires Hugo F. RODRIGUES, Jr. (since 20 January 2017)
- embassy
- 1776 Avenida Mariscal Lopez, Casilla Postal 402, Asuncion
- FAX
- [595] (21) 213-728
- mailing address
- Unit 4711, DPO AA 34036-0001
- telephone
- [595] (21) 213-715
Diplomatic representation in the US
- Ambassador German Hugo ROJAS Irigoyen (since 28 December 2016) 2400 Massachusetts Avenue NW, Washington, DC 20008 [1] (202) 483-6960 through 6962 [1] (202) 234-4508 Los Angeles, Miami, New York
- chancery
- 2400 Massachusetts Avenue NW, Washington, DC 20008
- chief of mission
- Ambassador German Hugo ROJAS Irigoyen (since 28 December 2016)
- consulate(s) general
- Los Angeles, Miami, New York
- FAX
- [1] (202) 234-4508
- telephone
- [1] (202) 483-6960 through 6962
Executive branch
- President Horacio CARTES Jara (since 15 August 2013); Vice President Juan AFARA Maciel (since 15 August 2013); note - the president is both chief of state and head of government President Horacio CARTES Jara (since 15 August 2013); Vice President Juan AFARA Maciel (since 15 August 2013) Council of Ministers appointed by the president president and vice president directly elected on the same ballot by simple majority popular vote for a single 5-year term; election last held on 21 April 2013 (next to be held in April 2018) Horacio CARTES elected president; percent of vote - Horacio CARTES (ANR) 48.5%, Efrain ALEGRE (PLRA) 39%, Mario FERREIRO (AP) 6.2%, Anibal CARRILLO (FG) 3.5%, other 2.8%
- cabinet
- Council of Ministers appointed by the president
- chief of state
- President Horacio CARTES Jara (since 15 August 2013); Vice President Juan AFARA Maciel (since 15 August 2013); note - the president is both chief of state and head of government
- election results
- Horacio CARTES elected president; percent of vote - Horacio CARTES (ANR) 48.5%, Efrain ALEGRE (PLRA) 39%, Mario FERREIRO (AP) 6.2%, Anibal CARRILLO (FG) 3.5%, other 2.8%
- elections/appointments
- president and vice president directly elected on the same ballot by simple majority popular vote for a single 5-year term; election last held on 21 April 2013 (next to be held in April 2018)
- head of government
- President Horacio CARTES Jara (since 15 August 2013); Vice President Juan AFARA Maciel (since 15 August 2013)
Flag description
- three equal, horizontal bands of red (top), white, and blue with an emblem centered in the white band; unusual flag in that the emblem is different on each side; the obverse (hoist side at the left) bears the national coat of arms (a yellow five-pointed star within a green wreath capped by the words REPUBLICA DEL PARAGUAY, all within two circles); the reverse (hoist side at the right) bears a circular seal of the treasury (a yellow lion below a red Cap of Liberty and the words PAZ Y JUSTICIA (Peace and Justice)); red symbolizes bravery and patriotism, white represents integrity and peace, and blue denotes liberty and generosity the three color bands resemble those on the flag of the Netherlands; one of only three national flags that differ on their obverse and reverse sides - the others are Moldova and Saudi Arabia
- note
- the three color bands resemble those on the flag of the Netherlands; one of only three national flags that differ on their obverse and reverse sides - the others are Moldova and Saudi Arabia
Government type
presidential republic
Independence
14 May 1811 (from Spain)
International law organization participation
accepts compulsory ICJ jurisdiction; accepts ICCt jurisdiction
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, UN, UNASUR, UNCTAD, UNESCO, UNFICYP, UNIDO, Union Latina, UNISFA, UNMIL, UNMISS, UNOCI, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO
Judicial branch
- Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 justices divided 3 each into the Constitutional Court, Civil and Commercial Chamber, and Criminal Division justices proposed by the Council of Magistrates or Consejo de la Magistratura, a 6-member independent body, and appointed by the Chamber of Senators with presidential concurrence; judges appointed until mandatory retirement at age 75 appellate courts; first instance courts; minor courts, including justices of the peace
- highest court(s)
- Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 justices divided 3 each into the Constitutional Court, Civil and Commercial Chamber, and Criminal Division
- judge selection and term of office
- justices proposed by the Council of Magistrates or Consejo de la Magistratura, a 6-member independent body, and appointed by the Chamber of Senators with presidential concurrence; judges appointed until mandatory retirement at age 75
- subordinate courts
- appellate courts; first instance courts; minor courts, including justices of the peace
Legal system
civil law system with influences from Argentine, Spanish, Roman, and French civil law models; judicial review of legislative acts in Supreme Court of Justice
Legislative branch
- bicameral National Congress or Congreso Nacional consists of the Chamber of Senators or Camara de Senadores (45 seats; members directly elected in a single nationwide constituency by proportional representation vote to serve 5-year terms) and the Chamber of Deputies or Camara de Diputados (80 seats; members directly elected in 18 multi-seat constituencies - corresponding to the country's 17 departments and capital city - by proportional representation vote to serve 5-year terms) Chamber of Senators - last held on 21 April 2013 (next to be held in April 2018); Chamber of Deputies - last held on 21 April 2013 (next to be held in April 2018) Chamber of Senators - percent of vote by party/coalition - ANR 38.5%, PLRA 26.2%, FG 10.6%, PDP 6.4%, Avanza Pais 5.2%, UNACE 4%, PEN 3.5%, PPQ 2%, other 3.4%; seats by party/coalition - ANR 19, PLRA 13, FG 5, PDP 3, Avanza Pais 2, UNACE 2, PEN 1, PPQ 1; Chamber of Deputies - percent of vote by party/coalition - NA; seats by party/coalition - ANR 44, PLRA 27, Avanza Pais 2, PEN 2, UNACE 2, FG 1, PPQ 1, other 1
- description
- bicameral National Congress or Congreso Nacional consists of the Chamber of Senators or Camara de Senadores (45 seats; members directly elected in a single nationwide constituency by proportional representation vote to serve 5-year terms) and the Chamber of Deputies or Camara de Diputados (80 seats; members directly elected in 18 multi-seat constituencies - corresponding to the country's 17 departments and capital city - by proportional representation vote to serve 5-year terms)
- election results
- Chamber of Senators - percent of vote by party/coalition - ANR 38.5%, PLRA 26.2%, FG 10.6%, PDP 6.4%, Avanza Pais 5.2%, UNACE 4%, PEN 3.5%, PPQ 2%, other 3.4%; seats by party/coalition - ANR 19, PLRA 13, FG 5, PDP 3, Avanza Pais 2, UNACE 2, PEN 1, PPQ 1; Chamber of Deputies - percent of vote by party/coalition - NA; seats by party/coalition - ANR 44, PLRA 27, Avanza Pais 2, PEN 2, UNACE 2, FG 1, PPQ 1, other 1
- elections
- Chamber of Senators - last held on 21 April 2013 (next to be held in April 2018); Chamber of Deputies - last held on 21 April 2013 (next to be held in April 2018)
National anthem
- "Paraguayos, Republica o muerte!" (Paraguayans, The Republic or Death!) Francisco Esteban ACUNA de Figueroa/disputed adopted 1934, in use since 1846; officially adopted following its re-arrangement in 1934
- lyrics/music
- Francisco Esteban ACUNA de Figueroa/disputed
- name
- "Paraguayos, Republica o muerte!" (Paraguayans, The Republic or Death!)
- note
- adopted 1934, in use since 1846; officially adopted following its re-arrangement in 1934
National holiday
Independence Day, 14-15 May (1811) (observed 15 May)
National symbol(s)
- lion; national colors: red, white, blue
- lion; national colors
- red, white, blue
Political parties and leaders
Asociacion Nacional Republicana - Colorado Party or ANR [Pedro ALLIANA] Avanza Pais coalition or AP [Adolfo FERREIRO] Broad Front coalition (Frente Guasu) or FG [Esperanza MARTINEZ] Movimiento Union Nacional de Ciudadanos Eticos or UNACE [Jorge OVIEDO MATTO] Partido del Movimiento al Socialismo or P-MAS [Camilo Ernesto SOARES Machado] Partido Democratica Progresista or PDP [Rafael FILIZZOLA] Partido Encuentro Nacional or PEN [Hermann RATZLAFFIN Klippemstein] Partido Liberal Radical Autentico or PLRA [Efrain ALEGRE] Partido Pais Solidario or PPS [Carlos Alberto FILIZZOLA Pallares] Partido Popular Tekojoja or PPT [Sixto PEREIRA Galeano] Patria Querida (Beloved Fatherland Party) or PPQ [Miguel CARRIZOSA]
Political pressure groups and leaders
Ahorristas Estafados or AE National Coordinating Board of Campesino Organizations or MCNOC [Luis AGUAYO] National Federation of Campesinos or FNC [Marcial GOMEZ] National Workers Central or CNT [Secretary General Juan TORALES] Paraguayan Workers Confederation or CPT Roman Catholic Church Unitary Workers Central or CUT [Jorge Guzman ALVARENGA Malgarejo]
Suffrage
18 years of age; universal and compulsory until the age of 75
Economy
Agriculture - products
cotton, sugarcane, soybeans, corn, wheat, tobacco, cassava (manioc, tapioca), fruits, vegetables; beef, pork, eggs, milk; timber
Budget
- $5.002 billion $5.418 billion (2016 est.)
- expenditures
- $5.418 billion (2016 est.)
- revenues
- $5.002 billion
Budget surplus (+) or deficit (-)
-1.5% of GDP (2016 est.)
Central bank discount rate
5.5% (31 December 2012) 6% (31 December 2011)
Commercial bank prime lending rate
18.08% (31 December 2016 est.) 19.74% (31 December 2015 est.)
Current account balance
$460 million (2016 est.) $-462 million (2015 est.)
Debt - external
$16.48 billion (31 December 2016 est.) $16.16 billion (31 December 2015 est.)
Distribution of family income - Gini index
51.7 (2014) 53.2 (2009)
Economy - overview
Landlocked Paraguay has a market economy distinguished by a large informal sector, featuring re-export of imported consumer goods to neighboring countries, as well as the activities of thousands of microenterprises and urban street vendors. A large percentage of the population, especially in rural areas, derives its living from agricultural activity, often on a subsistence basis. Because of the importance of the informal sector, accurate economic measures are difficult to obtain. On a per capita basis, real income has grown steadily over the past decade. The economy grew rapidly between 2003 and 2008 as strong world demand for commodities, combined with high prices and favorable weather, supported Paraguay's commodity-based export expansion. Paraguay is the sixth largest soy producer in the world. Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract. Severe drought and outbreaks of hoof-and-mouth disease in 2012 led to a brief drop in beef and other agricultural exports. Since 2014, however, Paraguay’s economy has grown at a 4% average annual rate due to strong production and high global prices, at a time when other countries in the region have contracted. The Paraguayan Government recognizes the need to diversify its economy and has taken steps in recent years to do so. In addition to looking for new commodity markets in the Middle East and Europe, Paraguayan officials have promoted the country’s low labor costs, cheap energy from its massive Itaipu Hydroelectric Dam, and single-digit tax rate on foreign firms. As a result, the number of factories operating in the country – mostly transplants from Brazil - has tripled since 2014. Political uncertainty, corruption, limited progress on structural reform, and deficient infrastructure are the main obstacles to long-term growth. Paraguay has been adverse to public debt throughout its history, but has recently changed its anti-debt policies to finance infrastructure improvements to attract foreign investment. Judicial corruption is endemic and is seen as the greatest barrier to attracting more foreign investment.
Exchange rates
guarani (PYG) per US dollar - 5,680.7 (2016 est.) 5,680.7 (2015 est.) 5,160.4 (2014 est.) 4,462.2 (2013 est.) 4,424.9 (2012 est.)
Exports
$10.86 billion (2016 est.) $10.67 billion (2015 est.)
Exports - commodities
soybeans, livestock feed, cotton, meat, edible oils, wood, leather, gold
Exports - partners
Brazil 35.4%, Argentina 10.5%, Russia 7.6%, Chile 6.1% (2016)
Fiscal year
calendar year
GDP - composition, by end use
- 67.4% 11.7% 16.3% 0.3% 44.8% -40.5% (2016 est.)
- exports of goods and services
- 44.8%
- government consumption
- 11.7%
- household consumption
- 67.4%
- imports of goods and services
- -40.5% (2016 est.)
- investment in fixed capital
- 16.3%
- investment in inventories
- 0.3%
GDP - composition, by sector of origin
- 20% 30.3% 49.7% (2016 est.)
- agriculture
- 20%
- industry
- 30.3%
- services
- 49.7% (2016 est.)
GDP - per capita (PPP)
- $9,400 (2016 est.) $9,200 (2015 est.) $9,000 (2014 est.) data are in 2016 dollars
- note
- data are in 2016 dollars
GDP - real growth rate
4.1% (2016 est.) 3% (2015 est.) 4.7% (2014 est.)
GDP (official exchange rate)
$27.44 billion (2016 est.)
GDP (purchasing power parity)
- $64.39 billion (2016 est.) $61.08 billion (2015 est.) $58.68 billion (2014 est.) data are in 2016 dollars
- note
- data are in 2016 dollars
Gross national saving
19.7% of GDP (2016 est.) 15.8% of GDP (2015 est.) 15.9% of GDP (2014 est.)
Household income or consumption by percentage share
- 1.5% 37.6% (2013 est.)
- highest 10%
- 37.6% (2013 est.)
- lowest 10%
- 1.5%
Imports
$9.617 billion (2016 est.) $10.15 billion (2015 est.)
Imports - commodities
road vehicles, consumer goods, tobacco, petroleum products, electrical machinery, tractors, chemicals, vehicle parts
Imports - partners
China 27.3%, Brazil 24.3%, Argentina 14.3%, US 7.1% (2016)
Industrial production growth rate
10.4% (2016 est.)
Industries
sugar processing, cement, textiles, beverages, wood products, steel, base metals, electric power
Inflation rate (consumer prices)
4.1% (2016 est.) 3.1% (2015 est.)
Labor force
3.383 million (2016 est.)
Labor force - by occupation
- 26.5% 18.5% 55% (2008)
- agriculture
- 26.5%
- industry
- 18.5%
- services
- 55% (2008)
Market value of publicly traded shares
$962.3 million (31 December 2012 est.) $958.1 million (31 December 2011 est.) $42 million (31 December 2010 est.)
Population below poverty line
22.2% (2015 est.)
Public debt
22.4% of GDP (2016 est.) 21.1% of GDP (2015 est.)
Reserves of foreign exchange and gold
$6.881 billion (31 December 2016 est.) $5.939 billion (31 December 2015 est.)
Stock of broad money
$8.557 billion (31 December 2016 est.) $7.708 billion (31 December 2015 est.)
Stock of direct foreign investment - abroad
$591.3 million (31 December 2016 est.) $303.8 million (31 December 2015 est.)
Stock of direct foreign investment - at home
$5.276 billion (31 December 2016 est.) $6.054 billion (31 December 2015 est.)
Stock of domestic credit
$12.14 billion (31 December 2016 est.) $11.99 billion (31 December 2015 est.)
Stock of narrow money
$4.293 billion (31 December 2016 est.) $3.974 billion (31 December 2015 est.)
Taxes and other revenues
18.2% of GDP (2016 est.)
Unemployment rate
6% (2016 est.) 5.8% (2015 est.)
Energy
Carbon dioxide emissions from consumption of energy
3.9 million Mt (2013 est.)
Crude oil - exports
0 bbl/day (2014 est.)
Crude oil - imports
0 bbl/day (2014 est.)
Crude oil - production
0 bbl/day (2016 est.)
Crude oil - proved reserves
0 bbl (1 January 2017 es)
Electricity - consumption
10.47 billion kWh (2015 est.)
Electricity - exports
41.13 billion kWh (2015 est.)
Electricity - from fossil fuels
0.2% of total installed capacity (2015 est.)
Electricity - from hydroelectric plants
99.3% of total installed capacity (2015 est.)
Electricity - from nuclear fuels
0% of total installed capacity (2015 est.)
Electricity - from other renewable sources
0.5% of total installed capacity (2015 est.)
Electricity - imports
0 kWh (2016 est.)
Electricity - installed generating capacity
8.87 million kW (2015 est.)
Electricity - production
55.19 billion kWh (2015 est.)
Electricity access
- 100,000 98% 99% 96% (2013)
- electrification - rural areas
- 96% (2013)
- electrification - total population
- 98%
- electrification - urban areas
- 99%
- population without electricity
- 100,000
Natural gas - consumption
0 cu m (2013 est.)
Natural gas - exports
0 cu m (2013 est.)
Natural gas - imports
0 cu m (2013 est.)
Natural gas - production
0 cu m (2013 est.)
Natural gas - proved reserves
0 cu m (1 January 2014 es)
Refined petroleum products - consumption
38,000 bbl/day (2015 est.)
Refined petroleum products - exports
0 bbl/day (2014 est.)
Refined petroleum products - imports
37,610 bbl/day (2014 est.)
Refined petroleum products - production
0 bbl/day (2014 est.)
Communications
Broadcast media
6 privately owned TV stations; about 75 commercial and community radio stations; 1 state-owned radio network (2010)
Internet country code
.py
Internet users
- 3,524,045 51.3% (July 2016 est.)
- percent of population
- 51.3% (July 2016 est.)
- total
- 3,524,045
Telephone system
- the fixed-line market is a state monopoly and fixed-line telephone service is meager; principal switching center is in Asuncion deficiencies in provision of fixed-line service have resulted in a rapid expansion of mobile-cellular services fostered by competition among multiple providers; Internet market also open to competition country code - 595; satellite earth station - 1 Intelsat (Atlantic Ocean) (2016)
- domestic
- deficiencies in provision of fixed-line service have resulted in a rapid expansion of mobile-cellular services fostered by competition among multiple providers; Internet market also open to competition
- general assessment
- the fixed-line market is a state monopoly and fixed-line telephone service is meager; principal switching center is in Asuncion
- international
- country code - 595; satellite earth station - 1 Intelsat (Atlantic Ocean) (2016)
Telephones - fixed lines
- 368,000 5 (July 2016 est.)
- subscriptions per 100 inhabitants
- 5 (July 2016 est.)
- total subscriptions
- 368,000
Telephones - mobile cellular
- 7,489,474 109 (July 2016 est.)
- subscriptions per 100 inhabitants
- 109 (July 2016 est.)
- total
- 7,489,474
Transportation
Airports
799 (2013)
Airports - with paved runways
- 5 (2017)
- 1,524 to 2,437 m
- 7
- 914 to 1,523 m
- 5 (2017)
- over 3,047 m
- 3
- total
- 15
Airports - with unpaved runways
- 471 (2013)
- 1,524 to 2,437 m
- 23
- 914 to 1,523 m
- 290
- total
- 784
- under 914 m
- 471 (2013)
Civil aircraft registration country code prefix
ZP (2016)
Merchant marine
- cargo 13, container 3, passenger 1, petroleum tanker 1, roll on/roll off 1 6 (Argentina 5, Netherlands 1) (2010)
- by type
- cargo 13, container 3, passenger 1, petroleum tanker 1, roll on/roll off 1
- foreign-owned
- 6 (Argentina 5, Netherlands 1) (2010)
- total
- 19
National air transport system
- 452,004 1,641,624 mt-km (2015)
- annual freight traffic on registered air carriers
- 1,641,624 mt-km (2015)
- annual passenger traffic on registered air carriers
- 452,004
- inventory of registered aircraft operated by air carriers
- 5
- number of registered air carriers
- 1
Ports and terminals
- Asuncion, Villeta, San Antonio, Encarnacion (Parana)
- river port(s)
- Asuncion, Villeta, San Antonio, Encarnacion (Parana)
Railways
- 30 km 30 km 1.435-m gauge (2014)
- standard gauge
- 30 km 1.435-m gauge (2014)
- total
- 30 km
Roadways
- 32,059 km 4,860 km 27,199 km (2010)
- paved
- 4,860 km
- total
- 32,059 km
- unpaved
- 27,199 km (2010)
Waterways
3,100 km (primarily on the Paraguay and Paran� River systems) (2012)
Military and Security
Military branches
- Armed Forces Command (Commando de las Fuerzas Militares): Army, National Navy (Armada Nacional, includes Marine Corps, Naval Aviation, and Coast Guard), Paraguayan Air Force (Fuerza Aerea Paraguay, FAP), Logistics Command, War Materiel Directorate (2012)
- Armed Forces Command (Commando de las Fuerzas Militares)
- Army, National Navy (Armada Nacional, includes Marine Corps, Naval Aviation, and Coast Guard), Paraguayan Air Force (Fuerza Aerea Paraguay, FAP), Logistics Command, War Materiel Directorate (2012)
Military expenditures
1.25% of GDP (2016) 1.42% of GDP (2015) 1.29% of GDP (2014) 1.28% of GDP (2013) 1.3% of GDP (2012)
Military service age and obligation
18 years of age for compulsory and voluntary military service; conscript service obligation is 12 months for Army, 24 months for Navy; volunteers for the Air Force must be younger than 22 years of age with a secondary school diploma (2012)
Transnational Issues
Disputes - international
unruly region at convergence of Argentina-Brazil-Paraguay borders is locus of money laundering, smuggling, arms and illegal narcotics trafficking, and fundraising for violent extremist organizations
Illicit drugs
major illicit producer of cannabis, most or all of which is consumed in Brazil, Argentina, and Chile; transshipment country for Andean cocaine headed for Brazil, other Southern Cone markets, and Europe; weak border controls, extensive corruption and money-laundering activity, especially in the Tri-Border Area; weak anti-money-laundering laws and enforcement