Paraguay

República del Paraguay (Spanish)

Tetã Paraguái (Guaraní)

Political Status: Independent since 1811; under presidential rule established in 1844; present constitution promulgated on June 20, 1992.

Area: 157,047 sq. mi. (406,752 sq. km).

Population: 7,253,000 (2020E—World Bank); 7,191,685 (2020E—U.S. Census).

Major Urban Centers (2018E—World Population Review): ASUNCIÓN (524,290)

Official Languages: Spanish, Guaraní.

Monetary Unit: Guaraní (market rate September 30, 2020: 6,974.43guaraníes = $1US).

President: Mario Abdo BENÍTEZ (National Republican Association–Colorado Party); elected on April 22, 2018, and inaugurated on August 15, for a five-year term, succeeding Horacio CARTES (National Republican Association–Colorado Party).

Vice President: Hugo VELÁZQUEZ (National Republican Association–Colorado Party); elected on April 22, 2018 and inaugurated on August 15, for a term concurrent with that of the president, succeeding Juan AFARA Marques (National Republican Association–Colorado Party).