Population
6.4M
Unitary presidential republic
GDP per capita, PPP
$31,457
in 2031
Passport power
#65
86 visa-free destinations
Top-rated city
Asunción
of 10 cities rated
Country overview
- Official name
- Republic of Paraguay
- Capital
- Asunción
- Continent
- South America / South America
- Area
- 406,752 km²
- Population
- 6.4M
- Density
- 16.8/km²
- Government
- Unitary presidential republic
- UN member
- Yes
- Independent
- Yes
- Driving side
- Right
- TLD
- .py
- Calling code
- +595
- Timezone
- UTC-04:00
Visa and travel
- Passport power rank
- #65 of 199
- Visa-free destinations
- 86
- Total accessible
- 127
- Digital nomad visa
- Paraguay Temporary Residency (Residencia Temporal) Insufficient requirement data · 24 mo
- Immigration programs
- 1 Nomad 2 Residency 1 Citizenship
Culture and society
- Languages
- Guaranà (Avañe'ẽ), Spanish (Español)
- Religions
- Christianity 95.5%, No religion 4.1%, Other 0.4%
- Currencies
- ₲ PYG — Paraguayan guaranÃ
Key figures
- HDI
- 0.756
- GDP per capita (2031)
- $31,457
- Life expectancy (2024)
- 74.0 yrs
- Internet users (2024)
- 81.6%
- Gini index (2019)
- 45.7
- Inflation (2031)
- 3.5%
- Unemployment (2031)
- 5.2%
- Urban population (2025)
- 70.4%
- Life satisfaction (2025)
- 6.2/10
- PM2.5 (2024)
- 21.3 µg/m³
- Political stability (2023)
- 49th pct
- Homicide rate (2023)
- 6.8/100k
- Human capital (2020)
- 0.53
Latest news
| Update | Category | Source | Published |
|---|---|---|---|
| Asunción 4-Bedroom Estate Listed as Paraguay Investor Pass Qualifying Property | Cost & housing | IMI Daily | 3 months ago |
| Overview of Countries Favored for Second Citizenship and Relocation by High-Net-Worth Individuals | Opinion & analysis | Wealthy Expat | 3 months ago |
| Latin America Political and Economic Developments: Colombia, Peru, Paraguay, Argentina, Bolivia | Opinion & analysis | Expat Money YouTube | 3 months ago |
| Political Developments in Colombia, Peru, and Paraguay Discussed | Opinion & analysis | The Expat Money Show | 3 months ago |
| UK Wealth Migration: Countries Attracting High-Net-Worth Individuals Leaving the UK | Residency & citizenship | Wealthy Expat | 3 months ago |