Paraguay Population 2026: 7.4M People, Vast Empty Land

Paraguay is a country with vast stretches of largely empty land: 7.4M people across 406,752 km², giving a density of 18/km².

GDP per capita stands at $5,500: below the global average, reflecting a developing economy. The capital, Asunción, is the political, economic and cultural centre of the country.

📊 Population at a Glance

👥
Total Population
7.4M
estimated
🏙️
Population Density
18/km²
per km²
📐
Total Area
406,752 km²
land coverage
🏛️
Capital City
Asunción
main city
💰
GDP
$40.7B
total output
💵
GDP Per Capita
$5,500
per person

About Paraguay's Population

With a population of 7.4M, Paraguay is home to a significant number of people within its 406,752 km² of territory. The population density of 18/km² reflects how people are distributed across the country: a low density suggesting significant open space and rural areas across the country.

The capital city, Asunción, serves as the administrative, cultural and economic heart of Paraguay. As a landlocked country, Paraguay's population is distributed entirely across its inland territory, without access to a coastline. This has historically shaped trade patterns and economic development.

In economic terms, Paraguay has a total GDP of $40.7B, translating to $5,500 per person. This figure gives a broad indication of average living standards, though income distribution varies considerably across different regions and communities within the country. The official currency is the Paraguayan Guaraní (PYG).

Paraguay gained independence in 1811 and has since developed a distinct national identity shaped by its geography, history and culture. The official languages are Spanish / Guaraní, which is spoken by the vast majority of the population in daily life, education and government.

Within the South America region, Paraguay sits alongside Argentina (46.2M), Brazil (215.3M), Chile (19.5M). This regional context helps illustrate how Paraguay's population size compares to its neighbours.

Frequently Asked Questions about Paraguay's Population

What is the population of Paraguay in 2026?

The population of Paraguay is approximately 7.4M people as of 2026.

What is the capital city of Paraguay?

The capital city of Paraguay is Asunción, which serves as the country's main administrative and cultural hub.

How densely populated is Paraguay?

Paraguay has a population density of 18/km². This is very low density, with large amounts of open, sparsely settled land.

What is the GDP per capita of Paraguay?

Paraguay has a GDP per capita of $5,500, with a total GDP of $40.7B. This gives an indication of average economic output per person.

What language do people speak in Paraguay?

The official languages of Paraguay are Spanish / Guaraní.

How big is Paraguay?

Paraguay covers a total area of 406,752 km². With a population of 7.4M, that gives a density of 18/km².

When did Paraguay gain independence?

Paraguay gained independence in 1811.

What currency is used in Paraguay?

The official currency of Paraguay is the Paraguayan Guaraní (PYG).

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