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 2023 was 5.78%, a 0.98% decline from 2022.
  • Paraguay unemployment rate for 2022 was 6.76%, a 0.56% 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 0.95% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 27.99%
Botswana 23.38%
Gabon 20.36%
Namibia 19.42%
Libya 18.74%
St. Vincent and the Grenadines 18.67%
Jordan 17.94%
Iraq 15.53%
Montenegro 15.25%
North Macedonia 13.08%
Guyana 12.43%
Algeria 11.81%
Albania 11.58%
Lebanon 11.57%
St. Lucia 11.09%
Bosnia 10.42%
Samoa 9.75%
Colombia 9.57%
Turkey 9.41%
Iran 9.10%
Serbia 8.68%
Equatorial Guinea 8.67%
Armenia 8.59%
Costa Rica 8.30%
Belize 8.26%
Brazil 7.95%
Suriname 7.70%
Mauritius 6.06%
Paraguay 5.78%
Azerbaijan 5.64%
Romania 5.60%
Dominican Republic 5.56%
Venezuela 5.53%
Kazakhstan 4.85%
Peru 4.82%
China 4.67%
Jamaica 4.42%
Fiji 4.33%
Bulgaria 4.30%
Maldives 4.13%
Turkmenistan 4.12%
Malaysia 3.86%
Belarus 3.57%
Ecuador 3.37%
Russia 3.33%
Mexico 2.81%
Guatemala 2.71%
Tonga 2.30%
Cuba 1.16%
Thailand 0.91%
Paraguay Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 5.78% -0.98%
2022 6.76% -0.56%
2021 7.31% -0.24%
2020 7.55% 0.95%
2019 6.60% 0.38%
2018 6.22% 0.08%
2017 6.14% 0.88%
2016 5.26% 0.70%
2015 4.56% -0.48%
2014 5.03% 0.65%
2013 4.39% 0.30%
2012 4.09% -0.58%
2011 4.67% 0.10%
2010 4.57% -0.89%
2009 5.46% 1.05%
2008 4.42% -0.30%
2007 4.71% -0.56%
2006 5.28% 0.45%
2005 4.83% -1.69%
2004 6.51% -0.30%
2003 6.81% -2.58%
2002 9.39% 3.19%
2001 6.21% -1.40%
2000 7.61% 2.27%
1999 5.34% 0.93%
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%