Paraguay currently has a population growth rate of about 1.5%. At this rate, it will reach 7.6 million by 2020.
Paraguay Population Growth
The growth rate of the population of Paraguay is very close to the worldwide annual growth rate of slightly over 1%. Similarly, Paraguay's birth rate is almost the same as the worldwide average of around 2.5 children born to each woman. This rate of growth is a stable and sustainable amount of growth for the region, and the population of Togo is currently increasing by less than 100,000 people per year. As of 2019, the annual growth rate of Paraguay is 1.23%.
Paraguay Population Projections
The stable amount of growth in Paraguay has not always been so. The rate of change has been slowly declining for multiple decades and that trend is expected to continue. Current projections believe that the rate will fall below 1% by 2030, and will decline further to below 0.5% by 2050. During this same time, predictions state that the population of Paraguay will be 7,066,330 by 2020, 7,844,904 by 2030, 8,460,299 by 2040 and 8,897,182 by 2050.