Population: 5.534.378 inhabitants
Urban Population: 56,1%
Rural Population: 43,9%
Population growth: 2,3%
Surface area: 406.752 Km2
Official Languages: Spanish and Guarani
Official Religion: Roman Apostolic Catholic
Political System: Participative and Pluralist Representative Democratic Republic
Gross National Product: US$ 5,391 million
Percent Variation of GNP (2003): 2.6% (1,159,016 constant Guaranies)
International Monetary Reserves (as of December 2003): US$ 983.4 million
Inflation (2003): 9.3% (14.3% monthly average)
Minimum wage (2002): 972,413 Gs. /US$ 165.00
Geographical location: Paraguay, an inland country, is situated in the center of South America, therefore considered the heart of the continent. Through its borders, which total 3,484 km of distance, the Republic of Paraguay is linked with three large countries: Brazil, Bolivia and Argentina, with whom it had determined its boundaries through treaties, peace accords and friendship.
Climate: Two annual seasons characterize the country. One is the warm and rainy season, registering an average temperature of 31.5°C, with 38°C as a maximum and predominantly northeasterly winds, bringing humidity and rain. The cold and dry season has low, yet not extreme temperatures, with 14.5°C as an average and 0°C as a minimum, few rains and predominantly cold and dry southern winds, emerging from the Antarctic polar front.
Territorial Organization: Geographically, the Paraguay River divides the country's territory in two natural regions, the Western and Eastern Regions. Politically and administratively, the Paraguayan country is divided in a Capital District with the capital of Asunción and seventeen Departamentos.
Members: Paraguay, Argentina, Brasil y Uruguay.
Associates: Chile y Bolivia.
Signing of treaty: 26 de marzo de 1991 (Asunción, Paraguay).
Objectives: Increase efficiency and the ability to compete of the economies involved, amplifying the current dimensions of their markets and accelerating their economic development. This development is through the efficient harnessing of the available resources, the preservation of the environment, the improvement in communications, the coordination of macroeconomic politics and complementary nature of the different sectors of their economies.