Unemployment rate (ILO modelled estimates) (15+) in Paraguay
Paraguay: Unemployment rate (ILO modelled estimates) (15+) was 4.42 in 2027. ▬ Flat
Unemployment rate (ILO modelled estimates) in Paraguay, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for unemployment rate (ilo modelled estimates) in Paraguay is 4.42, measured in 2027.
The figure is down 3.7% on the previous year and down 27.9% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Paraguay peaked at 9.39 in 2002 and was at its lowest, 3.4, in 1995.
That places Paraguay 115th out of 188 countries with data for 2027, putting it in the middle of the range.
Unemployment rate (ILO modelled estimates) (15+) in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 5.1 | — |
| 1992 | 4.98 | -2.4% |
| 1993 | 5.06 | +1.6% |
| 1994 | 4.41 | -12.8% |
| 1995 | 3.4 | -22.9% |
| 1996 | 8.15 | +139.7% |
| 1997 | 5.36 | -34.2% |
| 1998 | 4.42 | -17.6% |
| 1999 | 5.34 | +21.0% |
| 2000 | 7.61 | +42.4% |
| 2001 | 6.21 | -18.4% |
| 2002 | 9.39 | +51.4% |
| 2003 | 6.81 | -27.5% |
| 2004 | 6.51 | -4.4% |
| 2005 | 4.83 | -25.9% |
| 2006 | 5.28 | +9.4% |
| 2007 | 4.71 | -10.7% |
| 2008 | 4.42 | -6.3% |
| 2009 | 5.46 | +23.7% |
| 2010 | 4.57 | -16.3% |
| 2011 | 4.67 | +2.2% |
| 2012 | 4.08 | -12.5% |
| 2013 | 4.38 | +7.3% |
| 2014 | 5.03 | +14.8% |
| 2015 | 4.56 | -9.5% |
| 2016 | 5.25 | +15.3% |
| 2017 | 6.14 | +16.8% |
| 2018 | 6.22 | +1.3% |
| 2019 | 6.59 | +6.1% |
| 2020 | 7.55 | +14.5% |
| 2021 | 7.31 | -3.1% |
| 2022 | 6.75 | -7.6% |
| 2023 | 5.79 | -14.2% |
| 2024 | 5.69 | -1.9% |
| 2025 | 4.8 | -15.5% |
| 2026 | 4.6 | -4.3% |
| 2027 | 4.42 | -3.7% |
Paraguay compared with similar countries
- Paraguay's 4.42 is below the median for upper middle income countries, which is 5.44, 81% of the median. (53 countries reporting)
- Paraguay's 4.42 is below the median for Latin America & Caribbean, which is 6.13, 72% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Unemployment rate (ILO modelled estimates) (15+) in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +139.7% | 3.4 | 8.15 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.14 | 3.4 | 8.15 | 9 |
| 2000s | 6.12 | 4.42 | 9.39 | 10 |
| 2010s | 5.15 | 4.08 | 6.59 | 10 |
| 2020s | 5.86 | 4.42 | 7.55 | 8 |
Countries ranked near Paraguay
- 112 Kazakhstan 4.67 compare
- 113 China 4.63 compare
- 114 Democratic Republic of Congo 4.48 compare
- 116 Croatia 4.42 compare
- 117 United States 4.4 compare
- 118 India 4.26 compare
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 unemployment rate (ilo modelled estimates) in Paraguay?
- Unemployment rate (ilo modelled estimates) in Paraguay was 4.42 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Paraguay?
- The highest recorded value was 9.39 in 2002.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Paraguay?
- The lowest recorded value was 3.4 in 1995.
- How does Paraguay rank for unemployment rate (ilo modelled estimates)?
- Paraguay ranks 115th out of 188 countries with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Paraguay?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is flat.
- Where does this Paraguay 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.
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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.