Paraguay Unemployment Rate 1991-2023

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Paraguay unemployment rate for 2021 was 7.21%, a 0.34% 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.
  • Paraguay unemployment rate for 2018 was 6.22%, a 1.61% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 33.56%
Botswana 24.72%
Gabon 22.27%
Namibia 21.68%
St. Vincent and the Grenadines 21.62%
Armenia 20.90%
Libya 19.58%
Jordan 19.25%
Montenegro 18.49%
Costa Rica 17.95%
St. Lucia 16.91%
Guyana 16.43%
North Macedonia 16.20%
Bosnia 15.22%
Lebanon 14.49%
Brazil 14.40%
Colombia 14.34%
Iraq 14.19%
Turkey 13.39%
Algeria 12.70%
Albania 11.82%
Serbia 11.81%
Iran 11.46%
Suriname 10.07%
Samoa 9.84%
Equatorial Guinea 9.25%
Jamaica 9.18%
Dominican Republic 8.50%
Belize 8.22%
Mauritius 7.41%
Paraguay 7.21%
Azerbaijan 6.58%
Ecuador 6.43%
Venezuela 6.41%
Maldives 6.08%
Bulgaria 5.42%
Fiji 5.24%
Romania 5.17%
Turkmenistan 5.08%
Russia 5.01%
Kazakhstan 4.90%
Peru 4.83%
China 4.82%
Belarus 4.74%
Malaysia 4.61%
Mexico 4.38%
Tonga 3.97%
Guatemala 3.57%
Cuba 2.76%
Thailand 1.42%
Paraguay Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2021 7.21% -0.34%
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%