Paraguay Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Paraguay unemployment rate for 2022 was 6.89%, a 0.42% decline from 2021.
  • Paraguay unemployment rate for 2021 was 7.31%, a 0.24% decline from 2020.
  • Paraguay unemployment rate for 2020 was 7.55%, a 0.96% increase from 2019.
  • Paraguay unemployment rate for 2019 was 6.59%, a 0.37% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 29.81%
Gabon 21.47%
Namibia 20.85%
Botswana 20.68%
Libya 20.68%
St. Vincent and the Grenadines 18.98%
Jordan 17.87%
St. Lucia 17.36%
Iraq 15.55%
Montenegro 15.40%
North Macedonia 15.08%
Bosnia 14.05%
Lebanon 12.64%
Armenia 12.56%
Guyana 12.36%
Albania 11.81%
Algeria 11.55%
Costa Rica 11.45%
Iran 10.96%
Colombia 10.73%
Samoa 10.31%
Turkey 10.03%
Belize 9.69%
Serbia 9.47%
Brazil 9.46%
Equatorial Guinea 8.69%
Suriname 8.64%
Mauritius 7.23%
Dominican Republic 7.12%
Paraguay 6.89%
Jamaica 6.05%
Azerbaijan 5.46%
Romania 5.44%
Venezuela 5.33%
Turkmenistan 5.02%
Kazakhstan 5.01%
China 4.89%
Maldives 4.88%
Bulgaria 4.40%
Fiji 4.33%
Belarus 4.17%
Ecuador 3.96%
Malaysia 3.73%
Peru 3.66%
Mexico 3.31%
Tonga 3.01%
Guatemala 2.57%
Cuba 1.39%
Thailand 0.86%
Paraguay Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2022 6.89% -0.42%
2021 7.31% -0.24%
2020 7.55% 0.96%
2019 6.59% 0.37%
2018 6.22% 1.61%
2017 4.61% -0.64%
2016 5.25% 0.69%
2015 4.56% -0.47%
2014 5.03% 0.65%
2013 4.38% 0.29%
2012 4.09% -0.58%
2011 4.67% 0.10%
2010 4.57% -0.89%
2009 5.46% 1.04%
2008 4.42% -0.29%
2007 4.71% -0.57%
2006 5.28% 0.46%
2005 4.82% -1.69%
2004 6.51% -0.30%
2003 6.81% -2.58%
2002 9.39% 3.18%
2001 6.21% -1.40%
2000 7.61% 2.27%
1999 5.34% 0.92%
1998 4.42% -0.94%
1997 5.36% -2.79%
1996 8.15% 4.75%
1995 3.40% -1.01%
1994 4.41% -0.65%
1993 5.06% 0.08%
1992 4.98% -0.12%
1991 5.10% -0.12%