Karagay (Russian: Карагай) is a rural locality (a selo) and the administrative center of Karagaysky District of Perm Krai, Russia, located on the Obva River.

[5] Its name is of the Turkic origin and translates from the Bashkir language as "pine" or "pine forest".

It was first mentioned in 1623 as a village of six households.

It serves as the administrative center of the district since 1923.

This Karagaysky District location article is a stub.