Paraguay: Population, Economy & Travel Facts

Essential data for planning your trip to Paraguay — from population and demographics to economic indicators, healthcare infrastructure, tourism trends, and digital connectivity.

Population & Geography

Population
6,956,071
#106 of 197 countries
Area
406,752 km²
#61 of 248 countries
Density
17.1 / km²
#209 of 245 countries

Paraguay has a population of 6,956,071 spread across 406,752 km², giving it an average density of 17.1 people per km². With such low density, expect wide open spaces and a sense of remoteness outside major cities.

Demographics

Median Age
32.3
Life Expectancy
78.8 yrs
Literacy Rate
94.9%
Government
presidential republic
Ethnic Groups
Religions
GDP by Sector

Economy & Cost of Living

Understanding the local economy helps travellers budget effectively and set expectations. Paraguay is classified as an upper middle income country by the World Bank. Prices are roughly 36% of US levels, meaning your money goes significantly further here — accommodation, food, and transport are very affordable by Western standards.

Income Level
Upper middle income
GDP per Capita
$6,300
Cost of Living
36% of US
Inflation
4.6%
Inequality
44.4
High