Republic of Paraguay República del Paraguay  (Spanish) Tetã Paraguái  (Guarani)
Motto:
Anthem:
Location of  Paraguay  (dark green) in South America  (grey)
Capital and largest city	Asunción 25°16′S 57°40′W / 25.267°S 57.667°W / -25.267; -57.667
Spanish Guarani Paraguayan Sign Language
Ethnic groups (2016)	95% Mestizo 5% other
Demonym(s)	Paraguayan
Government	Unitary presidential constitutional republic
• President	Mario Abdo Benítez
• Vice President	Hugo Velázquez Moreno
Legislature	Congress
• Upper house	Senate
• Lower house	Chamber of Deputies
Independence from Spain
• Declared	14 May 1811
• Recognized	25 November 1842
Area
• Total	Lua error in Module:Convert at line 1850: attempt to index local 'en_value' (a nil value). (59th)
• Water (%)	2.3
Population
• 2016 estimate	6,725,308 (104th)
• Density	Lua error in Module:Convert at line 1850: attempt to index local 'en_value' (a nil value). (204th)
GDP (PPP)	2017 estimate
• Total	$68.005 billion (100th)
• Per capita	$9,779 (107th)
GDP (nominal)	2017 estimate
• Total	$28.743 billion (99th)
• Per capita	$4,133 (109th)
Gini (2015)	▼ 48 high
HDI (2015)	0.693 medium · 110th
Currency	Guaraní (PYG)
Time zone	UTC–4 (PYT)
• Summer (DST)	UTC–3 (PYST)
Driving side	right
Calling code	+595
ISO 3166 code	PY
Internet TLD	.py
Mixed European and Amerindian.

Paraguay, officially the Republic of Paraguay (Spanish: República del Paraguaycode: es is deprecated ), is a small country in South America. It is landlocked, meaning that it is not next to the ocean. It is bordered to the North and East by Brazil, the West by Bolivia, and the South and Southeast by Argentina. The main languages are Spanish and Guaraní.Paraguay's population is about 6 million. The ethnic makeup of the population is the following: Mestizo (mixed European and Amerindian) 80%, European 20%, unmixed Amerindian 1-3%, Asian 1-4%.

Over (20%) of the population lives below the poverty line.