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Country guides / Paraguay

Paraguay

A one-page guide to Paraguay for the spirits trade: the country, its people, its economy and how it drinks.

At a glance

Capital
Asuncion
Official languages
Spanish, Guarani
Currency
Guarani (PYG)
Time zone
UTC-3
Area
406,752 km²

People

Population
7.0 million (2025)
Population growth
1.2% a year
Living in towns and cities
70.4%
Aged under 15
28.4%
Aged 65 and over
6.7%
Life expectancy
74.0 years

Economy

GDP
US$49.3 billion (2025)
GDP per person
US$7,027 (2025)
Economic growth
6.6% (2025)
Inflation
4.0% (2025)

Climate

Semi-arid, tropical and subtropical. January is hottest (average 28.9 C); frost is possible April-September. Rain is heaviest in the eastern forest belt (about 1,700 mm) and lowest in the western Chaco (up to about 500 mm).

Alcohol

Alcohol is
Legal
Legal drinking age
20 (raised from 18 by Law 6316 of 2019)
Alcohol per adult a year
6.9 litres of pure alcohol (2022-2024 average (WHO estimate for 2024))

Sources: World Bank (population, economy and demographics), WHO Global Health Observatory (alcohol per adult and drinking mix); World Bank indicators (population, area, GDP, GDP per capita, growth, inflation); WHO Global Health Observatory, indicator SA_0000001688; UN Comtrade public API (HS 2208); Wikipedia: Legal drinking age; Wikipedia: Paraguay; PwC Worldwide Tax Summaries: Paraguay - other taxes; Goods Across Borders: Paraguay allowances (secondary; cites national customs); Unión Industrial Paraguaya (national industry federation). Figures are the latest each source publishes; the year is shown beside each one.