Institute tool
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Identity
Regime
—
Capital
Asunción
Population
6,109,644
Area
406,752 km²
Currency
PYG
Executive
Head of State
Santiago Peña Palacios
2023
2023
Head of Government
Santiago Peña Palacios
Cabinet (size)
0
Parliament
125 seats
2 chamber(s)
2 chamber(s)
Governance
V-Dem (0-1)
0.58
#74
#74
Freedom House
63/100
Partly Free
Partly Free
CPI corruption
24/100
#150
#150
Press RSF
54/100
#88
#88
Economy
GDP (B$)
49 Md$
2025
2025
GDP / capita
7,027 $
2025
2025
Growth %
6.6 %
2025
2025
Inflation %
4.0 %
2025
2025
Unemployment %
4.8 %
2025
2025
Defense & nuclear
Defense budget
0.4 Md$
0.9 %PIB · #105
0.9 %PIB · #105
Nuclear posture
—
Listed military units
0
International posture
Sanctions
—
Chokepoints
—
Alliances
UN · WTO · OAS · Mercosur
Alignment USA · RUS · CHN
58% · 31% · 35%
UN vote
UN vote
Treaties ratified (of 10)
—