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.
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 60.75 percent in 2020, according to our econometric models.