Informal employment rate in Guyana
Guyana: Informal employment rate was 48.82 in 2024. ▬ Flat
Informal employment rate in Guyana, 2018–2024
Source: International Labour Organization.
Analysis
Guyana recorded 48.82 for informal employment rate in 2024. That is the lowest value across all 5 years on record.
The figure is down 2.3% on the previous year and down 3.9% over ten years.
Guyana ranks 11th of 47 countries on this measure, in the top quarter.
Informal employment rate in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 50.79 | — |
| 2019 | 49.67 | -2.2% |
| 2020 | 52.62 | +5.9% |
| 2021 | 49.98 | -5.0% |
| 2024 | 48.82 | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 50.23 | 49.67 | 50.79 | 2 |
| 2020s | 50.48 | 48.82 | 52.62 | 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 informal employment rate in Guyana?
- Informal employment rate in Guyana was 48.82 in 2024, according to International Labour Organization.
- What is the highest informal employment rate recorded in Guyana?
- The highest recorded value was 52.62 in 2020.
- What is the lowest informal employment rate recorded in Guyana?
- The lowest recorded value was 48.82 in 2024.
- How does Guyana rank for informal employment rate?
- Guyana ranks 11th out of 47 countries with data for 2024.
- Is informal employment rate rising or falling in Guyana?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is flat.
- Where does this Guyana data come from?
- The figures come from International Labour Organization, published as part of Informal employment rate (current ILO definition - ICLS19). 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 includes only countries for which the 19th ICLS definitions are applied. This harmonized series for informal employment 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. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.