LU2: Combined rate of time-related underemployment and unemployment in Guyana
Guyana: LU2: Combined rate of time-related underemployment and unemployment was 13.46 in 2024. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Guyana, 2018–2024
Source: International Labour Organization.
Analysis
Guyana recorded 13.46 for lu2: combined rate of time-related underemployment and unemployment in 2024. That is the lowest value across all 5 years on record.
That represents a change of down 39.1% on the previous year and down 47.7% over ten years.
Guyana ranks 12th of 58 countries on this measure, in the top quarter.
LU2: Combined rate of time-related underemployment and unemployment in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 2018 | 25.75 | — |
| 2019 | 21.44 | -16.7% |
| 2020 | 20.41 | -4.8% |
| 2021 | 22.11 | +8.3% |
| 2024 | 13.46 | -39.1% |
Guyana compared with similar countries
- Guyana's 13.46 is above the median for high income countries, which is 8.88, 1.5× the median. (44 countries reporting)
- Guyana's 13.46 is above the median for Latin America & Caribbean, which is 12.28, 1.1× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.59 | 21.44 | 25.75 | 2 |
| 2020s | 18.66 | 13.46 | 22.11 | 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 lu2: combined rate of time-related underemployment and unemployment in Guyana?
- Lu2: combined rate of time-related underemployment and unemployment in Guyana was 13.46 in 2024, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Guyana?
- The highest recorded value was 25.75 in 2018.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Guyana?
- The lowest recorded value was 13.46 in 2024.
- How does Guyana rank for lu2: combined rate of time-related underemployment and unemployment?
- Guyana ranks 12th out of 58 countries with data for 2024.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Guyana?
- Over the last ten years it is down 47.7%. The long-run trend across the full record is falling.
- Where does this Guyana data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (current ILO definition - ICLS19) (15+). 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. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.