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  1. Top 15 Facts About Paraguay. 1. The Origins of the Country’s Name. The river Paraguay literally splits the country in two. There have been several suggestions for the origin of the name ‘Paraguay’; two of which came from Félix de Azara, a Spanish officer and scientist. ‘Water from the Payaguas’ from the name of the Indian tribe who ...

  2. Jul 29, 2023 · 1. Paraguay is a fairly unique country. Paraguay is a landlocked country in South America. In fact, it is one of only two landlocked countries in South America, the other being Bolivia. 2. It has big neighbors. It is bordered by Bolivia to the north, Brazil to the east and Argentina to the south and west. 3. Here’s the boat and flight details.

  3. Apr 3, 2024 · The COVID-19 pandemic and recurring droughts have dampened economic growth in recent years. Average real GDP growth slowed from 4.4% between 2003 and 2018 to 1.1% between 2019 and 2022. Paraguay has made remarkable progress in reducing poverty over the last two decades. By the end of 2022, 24.7 percent of the Paraguayan population lived below ...

  4. Asuncion, city and capital of Paraguay, occupying a promontory and descending to the Paraguay River near its confluence with the Pilcomayo. It lies 175 feet above sea level. As the seat of the national government and of the archbishop of Paraguay, it dominates social, cultural, and economic trends in the country.

  5. If you are planning a trip to Paraguay, or simply intrigued about the country, here are 7 interesting facts. 1. Paraguay is home to the world’s largest water reserve. The Guarani Aquifer, located underneath Paraguay, Uruguay, Brazil and Argentina is an important source of fresh water. Stretch 1.2 million square kilometres , with a volume of ...

  6. Dec 22, 2021 · Paraguay is the fifth largest soy producer in the world. Drought hit in 2008, reducing agricultural exports and slowing the economy even before the onset of the global recession. The economy fell 3.8% in 2009, as lower world demand and commodity prices caused exports to contract.

  7. Here are 20 Interesting Paraguay facts. 1-5 Paraguay Facts 1. Paraguay is the only country in the Americas where more people speak a native language than a colonial one. - Source 2. US President Rutherford B. Hayes arbitrated a land dispute between Argentina and Paraguay. He decided in favor of Paraguay, giving the country 60%

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