Paraguay Country Code +595

Paraguay has 11 holidays and observances (2 national, 9 public, 0 observances). The national day is Independence Day, on May 14. Offices and many businesses close on public holidays, so plan calls around them.

“Varies”: the date follows a lunar, religious or weekday rule and changes every year.

Climate:

Subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west

Terrain:

Grassy plains and wooded hills east of Rio Paraguay; Gran Chaco region west of Rio Paraguay mostly low, marshy plain near the river, and dry forest and thorny scrub elsewhere

Natural resources:

Hydropower, Timber, Iron ore, Manganese, Limestone

Land borders:

Argentina, Bolivia, Brazil

Land use:

agricultural 54.1% (arable 11.5%), forest 36.9% (2023)

Sources: CIA World Factbook (data as of September 2026); area: World Bank 2023.

Currency:

Guarani (PYG)

GDP by sector:

Agriculture 12%, Industry 32%, Services 48% (2025)

Top exports:

Oil seeds (24%), Meat (20%), Mineral fuels and oil (11%), Cereals (10%), Animal and vegetable fats and oils (7%)

Top imports:

Electrical equipment and electronics (19%), Machinery and computers (12%), Mineral fuels and oil (11%), Vehicles and parts (9%), Fertilizers (4%)

Main export markets:

Brazil (31%), Argentina (30%), Chile (9%), USA (5%), Israel (2%)

Main suppliers:

China (35%), Brazil (23%), USA (6%), Argentina (6%), Singapore (2%)

Sources: World Bank (GDP, growth, inflation, ILO-modeled unemployment, sectors), UNDP Human Development Report 2025, UN Comtrade (goods trade 2025, shares of the total by value), ISO 4217. Years in brackets are the latest available.