LU2: Combined rate of time-related underemployment and unemployment in Guyana

Guyana: LU2: Combined rate of time-related underemployment and unemployment was 13.39 in 2024. ▼ Falling

Latest (2024)
13.39
Change on year
down 38.0%
World rank
17th
of 90 countries
All-time high
25.26
in 2018
All-time low
13.39
in 2024
Years of data
5
2018–2024

LU2: Combined rate of time-related underemployment and unemployment in Guyana, 2018–2024

01020302018202120242018: 25.32019: 212020: 20.42021: 21.62024: 13.4

Source: International Labour Organization.

Analysis

The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Guyana is 13.39, measured in 2024. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 38.0% on the previous year and down 47.0% over ten years.

Guyana ranks 17th of 90 countries on this measure, in the top quarter.

LU2: Combined rate of time-related underemployment and unemployment in Guyana, year by year

Annual values for LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) (15+) in Guyana, 2018 to 2024.
Year Value Change
2018 25.26
2019 21 -16.9%
2020 20.44 -2.7%
2021 21.58 +5.6%
2024 13.39 -38.0%

Guyana compared with similar countries

  • Guyana's 13.39 is above the median for high income countries, which is 8.92, 1.5× the median. (45 countries reporting)
  • Guyana's 13.39 is above the median for Latin America & Caribbean, which is 10.06, 1.3× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 23.13 21 25.26 2
2020s 18.47 13.39 21.58 3

Countries ranked near Guyana

  1. 14 France 14.93 compare
  2. 15 Serbia 13.67
  3. 16 Iran 13.43 compare
  4. 18 Panama 12.7 compare
  5. 19 Colombia 12.61 compare
  6. 20 North Macedonia 12.56 compare

See the full ranking of 90 places →

More work & labour data for Guyana

All data for Guyana →

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 13.39 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 25.26 in 2018.
What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Guyana?
The lowest recorded value was 13.39 in 2024.
How does Guyana rank for lu2: combined rate of time-related underemployment and unemployment?
Guyana ranks 17th out of 90 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 47.0%. 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 (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.

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LU2: Combined rate of time-related underemployment and unemployment in Guyana. Statizoid, drawing on International Labour Organization. Retrieved 22 September 2026, from https://labour.statizoid.com/stat/lu2-combined-rate-of-time-related-underemployment-and-unemployment-previous-ilo/guyana/

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About this data

Indicator
LU2: Combined rate of time-related underemployment and unemployment (previous ILO definition - ICLS13) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
90 places, 1,574 data points, 1991–2025
Last refreshed

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. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. Data disaggregated by level of education are provided on the highest level of education completed, classified according to the International Standard Classification of Education (ISCED). Data may have been regrouped from national classifications, which may not be strictly compatible with ISCED. For more information, refer to the Education and Mismatch Indicators (EMI) database description.