Key facts about Paraguay
Paraguay has a population of about 7 million (2025), and its capital is Asunción.
In 2025, the population grew by 1.2%, and 70.4% of people lived in urban areas. The currency is the Paraguayan guaraní (PYG), and the official languages are Guarani and Spanish.
In Paraguay, standard time is UTC-03:00, traffic drives on the right and the international calling code is +595.
Paraguay's gross domestic product (GDP) was $49.3 billion in 2025, or $7,027 per person. It exported $18.3 billion and imported $19.4 billion of goods and services in 2025, so trade equaled 76% of GDP.
| Capital | Asunción |
|---|---|
| Population (2025) | 7,013,078 |
| Land area (2024) | 396,012 km² (152,901 sq mi) |
| Currency | Paraguayan guaraní (PYG) |
| Official languages | Guarani, Spanish |
| Time zone (standard) | UTC-03:00 |
| Calling code | +595 |
| Internet domain | .py |
| Drives on the | right |
| GDP (2025) | $49.3 billion |
| GDP per person (2025) | $7,027 |
Paraguay's GDP grew from $36.1 billion in 2016 to $49.3 billion in 2025, while the population went from 6,249,126 to 7,013,078. The largest one-year rise was in 2021, up 12.7%. Divided by population, that is about $5,775 per person in 2016 and $7,027 in 2025.
Show the numbers
| Year | GDP (current US$) | Population |
|---|---|---|
| 2025 | $49.28 billion | 7,013,078 |
| 2024 | $44.74 billion | 6,929,153 |
| 2023 | $43.14 billion | 6,844,146 |
| 2022 | $41.84 billion | 6,760,464 |
| 2021 | $39.94 billion | 6,684,182 |
| 2020 | $35.43 billion | 6,603,739 |
| 2019 | $37.93 billion | 6,515,058 |
| 2018 | $40.23 billion | 6,427,382 |
| 2017 | $39 billion | 6,338,660 |
| 2016 | $36.09 billion | 6,249,126 |