Employment outside the formal sector in Guyana
Guyana: Employment outside the formal sector was 143.15 in 2024. ▲ Rising
Employment outside the formal sector in Guyana, 2018–2024
Source: International Labour Organization.
Analysis
The most recent figure for employment outside the formal sector in Guyana is 143.15, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 40.2% on the previous year and up 34.1% over ten years.
Guyana ranks 60th of 81 countries on this measure, in the middle of the range.
Employment outside the formal sector in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 106.75 | — |
| 2019 | 100.78 | -5.6% |
| 2020 | 117.05 | +16.1% |
| 2021 | 102.08 | -12.8% |
| 2024 | 143.15 | +40.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 103.76 | 100.78 | 106.75 | 2 |
| 2020s | 120.76 | 102.08 | 143.15 | 3 |
Countries ranked near Guyana
More work & labour data for Guyana
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4095 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3957 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4228 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9077 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9156 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 295.49 1000 No (2050)
- Population - Est. & Proj. — Rural population 526.41 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 455.78 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 433.17 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 888.95 1000 No (2100)
Frequently asked questions
- What is employment outside the formal sector in Guyana?
- Employment outside the formal sector in Guyana was 143.15 in 2024, according to International Labour Organization.
- What is the highest employment outside the formal sector recorded in Guyana?
- The highest recorded value was 143.15 in 2024.
- What is the lowest employment outside the formal sector recorded in Guyana?
- The lowest recorded value was 100.78 in 2019.
- How does Guyana rank for employment outside the formal sector?
- Guyana ranks 60th out of 81 countries with data for 2024.
- Is employment outside the formal sector rising or falling in Guyana?
- Over the last ten years it is up 34.1%. The long-run trend across the full record is rising.
- Where does this Guyana data come from?
- The figures come from International Labour Organization, published as part of Employment outside the formal sector (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. This harmonized series for employment outside the formal sector is derived using the same set of criteria across countries to improve comparability. The criteria used are based on employment status, institutional sector, destination of production, bookkeeping, registration, social security contribution, places of work and size. Data disaggregated by occupation are provided according to the latest version of the International Standard Classification of Occupations (ISCO). Data may have been regrouped from the national classifications, which may not be strictly compatible with ISCO. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.