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Paraguay
Last update: 2025-08-04
Geographical location
Economy and finance
Currency
Paraguayan Guarani (PYG)
Average monthly income (USD, gross)
$573 (2009)
Inflation rate
4.63% (2023)
Unemployment rate
5.78% (2023)
Below the poverty line
24.7% (2022)
Gini coefficient
45.1 (2022)
Tobacco consumption
Total tobacco consumption
11.5%
Smoking men
18.6%
Smoking women
4.4%
Current as of
2020
Area (sq. km)
Total area
406752
Land area
397302
Water area
9450
Popular payment systems
- Mastercard
- PayPal
- Visa
Age-sex pyramid
Phone operating systems
Android
82.45%
iOS
17.24%
Current as of
2025
Internet and telecommunications
Telephone code
+595
Internet domain
.py
Number of mobile phones (per 100 inhabitants)
128 (2022)
Internet user penetration
77% (2021)
Fixed internet penetration
8% (2020)
General information
Сontinent
South America
Region
Latin America
Tier
Tier-2
ISO code
PY
Capital
Asunción
Official language
Spanish
Average consumer spendings
Food products
29.8%
Alcohol and tobacco
4.2%
Current as of
2022
Alcohol consumption per capita (liters per year)
Total quantity
5.47
Beer
3.27
Wine
0.59
Spirits
1.59
Other alcohol
0.03
Current as of
2019
Population and society
Population size
7522549
Male population
3769376
Female population
3753170
Population growth rate
1.09%
Birth rate (per 1,000 people)
15.9
Death rate (per 1,000 people)
4.9
Urbanization
63.1%
Current as of
2024
Credit ratings
Fitch
BB+ (2018)
Moody's
Ba1 (2015)
Standard & Poors
BB (2014)
Age structure
0-14 years
22.2%
15-64 years
68.4%
65+ years
9.4%
Current as of
2024
Religion
Main religion
Catholicism
Non-religious
0.2%
Not specified
6.2%
Current as of
2023
Last update: 2025-08-04