South Georgia and South Sandwich Islands is about 104 times smaller than Paraguay.

Paraguay is approximately 406,752 sq km, while South Georgia and South Sandwich Islands is approximately 3,903 sq km, making South Georgia and South Sandwich Islands 0.96% the size of Paraguay.
Tip: This to-scale comparison of Paraguay vs. South Georgia and South Sandwich Islands uses the Mercator projection, which distorts the size of regions near the poles.
Compare further: South Georgia and South Sandwich Islands vs. Paraguay