LU2: Combined rate of time-related underemployment and unemployment in Paraguay
Paraguay: LU2: Combined rate of time-related underemployment and unemployment was 8.26 in 2027. ▼ Falling
LU2: Combined rate of time-related underemployment and unemployment in Paraguay, 2005–2027
Source: International Labour Organization.
Analysis
Paraguay recorded 8.26 for lu2: combined rate of time-related underemployment and unemployment in 2027. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 1.5% on the previous year and down 36.1% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Paraguay peaked at 16.28 in 2020 and was at its lowest, 8.26, in 2027.
That places Paraguay 116th out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
LU2: Combined rate of time-related underemployment and unemployment in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.15 | — |
| 2006 | 11.62 | +4.2% |
| 2007 | 10.95 | -5.8% |
| 2008 | 10.57 | -3.4% |
| 2009 | 11.97 | +13.2% |
| 2010 | 10.71 | -10.5% |
| 2011 | 10.85 | +1.3% |
| 2012 | 10.21 | -5.9% |
| 2013 | 10.55 | +3.3% |
| 2014 | 11.34 | +7.4% |
| 2015 | 10.7 | -5.6% |
| 2016 | 11.71 | +9.4% |
| 2017 | 12.93 | +10.4% |
| 2018 | 12.96 | +0.3% |
| 2019 | 14.71 | +13.5% |
| 2020 | 16.28 | +10.7% |
| 2021 | 12.01 | -26.2% |
| 2022 | 12.54 | +4.5% |
| 2023 | 10.12 | -19.3% |
| 2024 | 9.32 | -8.0% |
| 2025 | 8.55 | -8.2% |
| 2026 | 8.39 | -1.9% |
| 2027 | 8.26 | -1.5% |
Paraguay compared with similar countries
- Paraguay's 8.26 is below the median for upper middle income countries, which is 12.16, 68% of the median. (53 countries reporting)
- Paraguay's 8.26 is below the median for Latin America & Caribbean, which is 12.17, 68% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.25 | 10.57 | 11.97 | 5 |
| 2010s | 11.67 | 10.21 | 14.71 | 10 |
| 2020s | 10.68 | 8.26 | 16.28 | 8 |
Countries ranked near Paraguay
More work & labour data for Paraguay
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.23 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.2175 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.2425 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.2 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.9753 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,607 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,290 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,534 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,514 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 9,048 1000 No (2100)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Paraguay?
- Lu2: combined rate of time-related underemployment and unemployment in Paraguay was 8.26 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Paraguay?
- The highest recorded value was 16.28 in 2020.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Paraguay?
- The lowest recorded value was 8.26 in 2027.
- How does Paraguay rank for lu2: combined rate of time-related underemployment and unemployment?
- Paraguay ranks 116th out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Paraguay?
- Over the last ten years it is down 36.1%. The long-run trend across the full record is falling.
- Where does this Paraguay data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.