Paraguay Country in South America information and photo #Paraguay – Paraguay flag, maps, people, coloring pages and more. Paraguay is a landlocked country between Argentina, Brazil and Bolivia, home to large swaths of swampland, subtropical forest and chaco, wildernesses comprising savanna and scrubland. The capital, Asunción, on the banks of the Paraguay River, is home to the grand Government Palace and the Museo del Barro, displaying pre-Columbian ceramics and ñandutí lacework, the latter available in many shops.
Founded: May 14, 1811
Currency: Paraguayan guaraní
Population: 6.802 million (2013) World Bank
Continent: South America