There is no "country of paraguay". Paraguay is a single country.
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Bolivia is the country northwest of Paraguay.
No, Paraguay is not in the Caribbean Islands. Paraguay is actually a landlocked country located in South America, bordered by Argentina, Brazil, and Bolivia.
The point is in Paraguay, about 200 miles northwest of the capitol city of Asuncion.
Bolivia is larger in size compared to Paraguay. Bolivia is the 5th largest country in South America, while Paraguay is the 10th largest.
Paraguay