Paraguay

República del Paraguay Tetã Paraguái Republic of Paraguay
Flag Coat of arms
Motto: Paz y justicia  (Spanish) "Peace and justice"
Anthem: Paraguayos, República o Muerte
Capital	Asunción 25°16′S 57°40′W
Largest city	Asunción
Official languages	Spanish, Guaraní
Government	Constitutional republic
- President	Nicanor Duarte Frutos
- Vice President	Luis Castiglioni
Independence	from Spain
- Declared	May 14, 1811
Area
- Total	406,752 km² (59th) 157,047 sq mi
- Water (%)	2.3
Population
- July 2005 estimate	6,158,000 (101st)
- Density	15 /km² (192nd) 39 /sq mi
GDP (PPP)	2005 estimate
- Total	$28.342 billion (96th)
- Per capita	$4,555 (107th)
HDI (2004)	0.757 (medium) (91st)
Currency	Guaraní (PYG)
Internet TLD	.py
Calling code	+595

Paraguay, officially the Republic of Paraguay (Spanish: República del Paraguay pron. IPA ; Guarani: Tetã Paraguái), is a landlocked country in South America. It lies on both banks of the Paraguay River, bordering Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest, and is located in the very heart of South America. The name "Paraguay" is derived from the Guaraní word pararaguay meaning "from a great river". The "great river" is the Paraná River, which produces the greatest amount of hydroelectric power in the world.