Unemployment Rate in Paraguay decreased to 6.70 percent in the second quarter of 2022 from 8.50 percent in the first quarter of 2022. source: DGEEC

Unemployment Rate in Paraguay averaged 7.17 percent from 2010 until 2022, reaching an all time high of 9.20 percent in the first quarter of 2012 and a record low of 5.20 percent in the fourth quarter of 2017. This page provides - Paraguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Unemployment Rate - values, historical data and charts - was last updated on February of 2023.

Unemployment Rate in Paraguay is expected to be 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Unemployment Rate is projected to trend around 6.60 percent in 2023, according to our econometric models.

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Paraguay Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 6.70 8.50 percent Jun 2022
Unemployed Persons 249983.00 317030.00 Jun 2022
Employed Persons 3458166.00 3427318.00 Jun 2022

Paraguay Unemployment Rate
In Paraguay, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
6.70 8.50 9.20 5.20 2010 - 2022 percent Quarterly