Colombia is 2.8 times larger than Paraguay.
Area: 1,138,910 km2 World Factbook
Population: 46,245,297 (July 2014) World Factbook
Area: 406,752 km2 World Factbook
Population: 6,703,860 (July 2014) World Factbook
Paraguay, officially the Republic of Paraguay, is a landlocked country in central South America, bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. Wikipedia