Map - Asunción

Asunción
Asunción is the capital and the largest city of Paraguay.

The city stands on the eastern bank of the Paraguay River, almost at the confluence of this river with the Pilcomayo River. The Paraguay River and the Bay of Asunción in the northwest separate the city from the Occidental Region of Paraguay and from Argentina in the south part of the city. The rest of the city is surrounded by the Central Department.

Asunción is one of the oldest cities in South America and the longest continually inhabited area in the Río de la Plata Basin; for this reason it is known as "the Mother of Cities". From Asunción, Spanish colonial expeditions departed to found other cities, including the second foundation of Buenos Aires, that of other important cities such as Villarrica, Corrientes, Santa Fe, Córdoba, Santa Cruz de la Sierra and 65 more.

Administratively, the city forms an autonomous capital district, not a part of any department. The metropolitan area, called Gran Asunción, includes the cities of San Lorenzo, Fernando de la Mora, Lambaré, Luque, Mariano Roque Alonso, Ñemby, San Antonio, Limpio, Capiatá and Villa Elisa, which are part of the Central Department. The Asunción metropolitan area has around two million inhabitants. The Asunción Stock Exchange lists the Municipality of Asunción as bvpasa: MUA. Asunción is one of the best cities for investments, both in construction and services, thus being one of the cities in the region with the highest economic growth, nowadays.

The Globalization and World Cities Research Network classifies Asunción as a "Gamma City". It is the home of the national government, principal port, and the chief industrial, political, economic and cultural center of Paraguay. Near Asunción are the headquarters of the CONMEBOL, the continental governing body of association football in South America. Asunción ranks as one of the cheapest cities in the world for foreign visitors, and the third safest capital in Latin America, behind Buenos Aires and Santiago, according to InSight Crime.

The Spanish conquistador Juan de Ayolas (died c. 1537) may have first visited the site of the future city on his way north, up the Paraguay River, looking for a passage to the mines of Alto Perú (present-day Bolivia). Later, Juan de Salazar y Espinosa and Gonzalo de Mendoza, a relative of Pedro de Mendoza, were sent in search of Ayolas, but failed to find him. On his way up and then down the river, de Salazar stopped briefly at a bay in the left bank to resupply his ships. He found the natives friendly, and decided to found a fort there in August 1537. He named it Nuestra Señora Santa María de la Asunción (Our Lady Saint Mary of the Assumption – the Roman Catholic Church celebrates the Feast of the Assumption on August 15).

In 1542 natives destroyed Buenos Aires, and the Spaniards there fled to Asunción. Thus the city became the center of a large Spanish colonial province comprising part of Brazil, present-day Paraguay and northeastern Argentina: the giant Province of the Indies. In 1603 Asunción was the seat of the First Synod of Asunción, which set guidelines for the evangelization of the natives in their lingua franca, Guaraní.

In 1731 an uprising under José de Antequera y Castro was one of the first rebellions against Spanish colonial rule. The uprising failed, but it was the first sign of the independent spirit that was growing among the criollos, mestizos and natives of Paraguay. The event influenced the independence of Paraguay, which subsequently materialized in 1811. The secret meetings between the independence leaders to plan an ambush against the Spanish Governor in Paraguay (Bernardo de Velasco) took place at the home of Juana María de Lara, in downtown Asunción. On the night of May 14 and May 15, 1811, the rebels succeeded and forced governor Velasco to surrender. Today, Lara's former home, known as Casa de la Independencia (House of the Independence), operates as a museum and historical building.

After Paraguay became independent, significant change occurred in Asunción. Under the rule of Gaspar Rodríguez de Francia (in office 1813–1840) roads were built throughout the city and the streets were named. However, during the presidency of Carlos Antonio López (President 1844–1862) Asunción (and Paraguay) saw further progress as the new president implemented new economic policies. More than 400 schools, metallurgic factories and the first railroad service in South America were built during the López presidency. After López died (1862), his son Francisco Solano López became the new president and led the country through the disastrous Paraguayan War that lasted for five years (1864–1870). On 1 January 1869, the capital city Asunción fell to Brazilian forces led by Gen. João de Souza da Fonseca Costa. After the end of the armed conflict, Brazilian troops occupied Asunción until 1876.

Many historians have claimed that this war provoked a steady downfall of the city and country, since it massacred two-thirds of the country's population. Progress slowed down greatly afterwards, and the economy stagnated. 
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Country - Paraguay
Flag of Paraguay
Paraguay, officially the Republic of Paraguay (República del Paraguay; Tavakuairetã Paraguái), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. It has a population of 7 million, nearly 3 million of whom live in the capital and largest city of Asunción, and its surrounding metro. Although one of only two landlocked countries in South America (Bolivia is the other), Paraguay has ports on the Paraguay and Paraná rivers that give exit to the Atlantic Ocean, through the Paraná-Paraguay Waterway.

Spanish conquistadores arrived in 1524, and in 1537 established the city of Asunción, the first capital of the Governorate of the Río de la Plata. During the 17th century, Paraguay was the center of Jesuit missions, where the native Guaraní people were converted to Christianity and introduced to European culture. After the expulsion of the Jesuits from Spanish territories in 1767, Paraguay increasingly became a peripheral colony, with few urban centers and settlers. Following independence from Spain in the early 19th century, Paraguay was ruled by a series of authoritarian governments characterized by nationalist, isolationist and protectionist policies. This period ended with the disastrous Paraguayan War (1864–70), during which the country lost half its prewar population and around 25–33% of its territory to the Triple Alliance of Argentina, Brazil and Uruguay. In the 20th century, Paraguay faced another major international conflict—the Chaco War (1932–35) against Bolivia—in which it prevailed. Afterwards, the country came under a succession of military dictators, culminating in the 35-year regime of Alfredo Stroessner, which lasted until his overthrow in 1989 by an internal military coup. This marked the beginning of Paraguay's democratic era, which continues to this day.
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Currency / Language  
ISO Currency Symbol Significant figures
PYG Paraguayan guaraní ₲ 0
Neighbourhood - Country  
  •  Argentina 
  •  Bolivia 
  •  Brazil 
Administrative Subdivision
Country, State, Region,...