Unemployment rate (ILO modelled estimates) in Guyana
Guyana: Unemployment rate (ILO modelled estimates) was 12.21 in 2027. ▲ Rising
Unemployment rate (ILO modelled estimates) in Guyana, 1991–2027
Source: International Labour Organization.
Analysis
Guyana recorded 12.21 for unemployment rate (ilo modelled estimates) in 2027.
The figure is up 0.1% on the previous year and down 9.3% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Guyana peaked at 15.31 in 2020 and was at its lowest, 10.7, in 2006.
Guyana ranks 26th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Unemployment rate (ILO modelled estimates) in Guyana, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 12.09 | — |
| 1992 | 11.9 | -1.6% |
| 1993 | 11.62 | -2.4% |
| 1994 | 11.53 | -0.7% |
| 1995 | 11.57 | +0.3% |
| 1996 | 11.54 | -0.2% |
| 1997 | 11.56 | +0.2% |
| 1998 | 11.69 | +1.1% |
| 1999 | 11.77 | +0.7% |
| 2000 | 11.92 | +1.2% |
| 2001 | 11.8 | -1.0% |
| 2002 | 11.81 | +0.1% |
| 2003 | 11.53 | -2.4% |
| 2004 | 11.28 | -2.2% |
| 2005 | 11.09 | -1.7% |
| 2006 | 10.7 | -3.5% |
| 2007 | 10.84 | +1.3% |
| 2008 | 11.02 | +1.6% |
| 2009 | 11.31 | +2.6% |
| 2010 | 11.63 | +2.9% |
| 2011 | 11.81 | +1.5% |
| 2012 | 12.03 | +1.8% |
| 2013 | 12.3 | +2.2% |
| 2014 | 12.64 | +2.8% |
| 2015 | 13.01 | +2.9% |
| 2016 | 13.26 | +2.0% |
| 2017 | 13.47 | +1.5% |
| 2018 | 13.63 | +1.2% |
| 2019 | 13.17 | -3.3% |
| 2020 | 15.31 | +16.2% |
| 2021 | 14.58 | -4.8% |
| 2022 | 11.91 | -18.3% |
| 2023 | 11.92 | +0.1% |
| 2024 | 11.87 | -0.4% |
| 2025 | 11.96 | +0.7% |
| 2026 | 12.2 | +2.0% |
| 2027 | 12.21 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.7 | 11.53 | 12.09 | 9 |
| 2000s | 11.33 | 10.7 | 11.92 | 10 |
| 2010s | 12.69 | 11.63 | 13.63 | 10 |
| 2020s | 12.74 | 11.87 | 15.31 | 8 |
Countries ranked near Guyana
- 23 Georgia 12.76 compare
- 24 North Macedonia 12.59 compare
- 25 South Sudan 12.37 compare
- 27 Cape Verde 12.15 compare
- 28 Bosnia and Herzegovina 11.95 compare
- 29 Algeria 11.86 compare
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 unemployment rate (ilo modelled estimates) in Guyana?
- Unemployment rate (ilo modelled estimates) in Guyana was 12.21 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Guyana?
- The highest recorded value was 15.31 in 2020.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Guyana?
- The lowest recorded value was 10.7 in 2006.
- How does Guyana rank for unemployment rate (ilo modelled estimates)?
- Guyana ranks 26th out of 188 countries with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Guyana?
- Over the last ten years it is down 9.3%. 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 Unemployment rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
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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. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.