Labor Force Participation Rate in Guatemala decreased to 59.30 percent in the first quarter of 2019 from 60.90 percent in the third quarter of 2018.

Labor Force Participation Rate in Guatemala averaged 61.85 percent from 2002 until 2019, reaching an all time high of 68.20 percent in the fourth quarter of 2003 and a record low of 59.30 percent in the first quarter of 2019. This page provides - Guatemala Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2020.

Labor Force Participation Rate in Guatemala is expected to be 60.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Guatemala to stand at 60.75 in 12 months time. In the long-term, the Guatemala Labor Force Participation Rate is projected to trend around 60.74 percent in 2021 and 60.75 percent in 2022, according to our econometric models.

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Guatemala Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.30 60.90 68.20 59.30 2002 - 2019 percent Quarterly

Guatemala Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.50 2.00 4.13 2.00 percent [+]
Population 17.69 17.31 17.69 4.16 Million [+]
Wages High Skilled 8230.00 7870.00 8230.00 7760.00 GTQ/Month [+]
Wages Low Skilled 3180.00 3670.00 3670.00 3080.00 GTQ/Month [+]
Labor Force Participation Rate 59.30 60.90 68.20 59.30 percent [+]
Living Wage Family 4850.00 4850.00 4850.00 4850.00 GTQ/Month [+]
Living Wage Individual 2500.00 2500.00 2500.00 2500.00 GTQ/Month [+]


Guatemala Labor Force Participation Rate
The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.