Paraguay
Country statistics · 1990–present
Paraguay at a Glance
Paraguay is home to 6.9 million people as of 2024, with a population that is growing rapidly. At a GDP per capita of $10,861, it is a lower-middle-income economy — reflecting an economy in active development. Life expectancy at birth stands at 74.0 years, close to the global average.
Population Trends
The total resident population stood at 6.9 million as of 2024. With a birth rate of 19.7 and a death rate of 5.7 per 1,000 people (2024), the natural growth rate stands at 14.0 per 1,000 — equivalent to roughly 97,000 additional residents each year from natural change alone.
Economy & Development
Paraguay is a smaller economy, with a total GDP that is projected at $71 billion (2029 IMF projection). At $10,861 per person, it is classified as a lower-middle-income economy — reflecting an economy in active development. Real GDP growth is projected at 3.5% in 2029, representing solid growth. The unemployment rate is projected at 5.2% (2029 IMF projection), indicating moderate unemployment.
Health & Society
Life expectancy at birth is 74.0 years (2024), close to the global average. Current health expenditure per person is $527 (2023), representing limited per-capita healthcare spending. The adult literacy rate stands at 94.9% (2024), reflecting high literacy rates. 81.6% of the population use the internet (2024), indicating strong digital connectivity. Access to safe drinking water reaches 64.4% of the population (2024), representing majority access to safe drinking water, though gaps remain.