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Paraguay

Paraguay
Standards
Road Traffic:right side
Electricity:
Voltage:220V
Frequency:50 Hz
Plug types:C,
TV Systems:
System:PAL N
DVD-Region: 4
Geography

Location:
Central South America, northeast of Argentina
Area:
total: 406,750 sq km
land: 397,300 sq km
water: 9,450 sq km
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
Economy
GDP: $30.64 billion (2006 est.)
GDP growth rate: 3.2% (2006 est.)
GDP per capita: $4,700 (2006 est.)
Inflation rate: 9% (2006 est.)
Currency: guarani (PYG)
Exchange rates:
guarani per US dollar - 5,680.71 (2006), 6,178 (2005), 5,974.6 (2004), 6,424.3 (2003), 5,716.3 (2002)
People
Population: 6,506,464 (July 2006 est.)
Growth rate: 2.45% (2006 est.)
Religions:
Roman Catholic 90%, Mennonite and other Protestant 10%
Languages:
Spanish (official), Guarani (official)
Government
Capital:
name: Asuncion
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Independence:
14 May 1811 (from Spain)


Note: Information on Paraguay was mainly sourced from CIA's World Factbook and may represent an American point of view. To learn more about Paraguay, please visit one of the links below.


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Investments/Developments in Paraguay

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