Unemployment Rate in Guyana increased to 13.80 percent in 2018 from 12.20 percent in 2017.

Unemployment Rate in Guyana averaged 11.96 percent from 1980 until 2018, reaching an all time high of 16.80 percent in 1980 and a record low of 10.30 percent in 2007. This page provides - Guyana Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guyana Unemployment Rate - values, historical data and charts - was last updated on May of 2020.

Unemployment Rate in Guyana is expected to reach 14.10 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guyana Unemployment Rate is projected to trend around 14.50 percent in 2021 and 14.70 percent in 2022, according to our econometric models.

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Guyana Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.80 12.20 16.80 10.30 1980 - 2018 percent Yearly

Guyana Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.80 12.20 16.80 10.30 percent [+]
Population 0.78 0.75 0.78 0.56 Million [+]


Guyana Unemployment Rate
In Guyana, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.