Unemployment rate in Paraguay

Paraguay: Unemployment rate was 4.8% in 2025. ▲ Rising

Latest (2025)
4.8%
Change on year
down 15.5%
World rank
105th
of 186 countries
All-time high
9.4%
in 2002
All-time low
3.4%
in 1995
Years of data
35
1991–2025

Unemployment rate in Paraguay, 1991–2025

02468101991200820251991: 5.1 %1992: 5 %1993: 5.1 %1994: 4.4 %1995: 3.4 %1996: 8.2 %1997: 5.4 %1998: 4.4 %1999: 5.3 %2000: 7.6 %2001: 6.2 %2002: 9.4 %2003: 6.8 %2004: 6.5 %2005: 4.8 %2006: 5.3 %2007: 4.7 %2008: 4.4 %2009: 5.5 %2010: 4.6 %2011: 4.7 %2012: 4.1 %2013: 4.4 %2014: 5 %2015: 4.6 %2016: 5.3 %2017: 6.1 %2018: 6.2 %2019: 6.6 %2020: 7.5 %2021: 7.3 %2022: 6.8 %2023: 5.8 %2024: 5.7 %2025: 4.8 %

Source: ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

In 2025, unemployment rate in Paraguay stood at 4.8%.

That represents a change of down 15.5% on the previous year and up 5.4% over ten years.

Over the whole period, unemployment rate in Paraguay peaked at 9.4% in 2002 and was at its lowest, 3.4%, in 1995.

That places Paraguay 105th out of 186 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Unemployment rate in Paraguay, year by year

Annual values for Unemployment rate in Paraguay, 1991 to 2025.
Year % Change
1991 5.1%
1992 5.0% -2.4%
1993 5.1% +1.6%
1994 4.4% -12.8%
1995 3.4% -22.9%
1996 8.2% +139.7%
1997 5.4% -34.2%
1998 4.4% -17.6%
1999 5.3% +21.0%
2000 7.6% +42.4%
2001 6.2% -18.4%
2002 9.4% +51.4%
2003 6.8% -27.5%
2004 6.5% -4.4%
2005 4.8% -25.9%
2006 5.3% +9.4%
2007 4.7% -10.7%
2008 4.4% -6.3%
2009 5.5% +23.7%
2010 4.6% -16.3%
2011 4.7% +2.2%
2012 4.1% -12.5%
2013 4.4% +7.3%
2014 5.0% +14.8%
2015 4.6% -9.5%
2016 5.3% +15.3%
2017 6.1% +16.8%
2018 6.2% +1.3%
2019 6.6% +6.1%
2020 7.5% +14.5%
2021 7.3% -3.1%
2022 6.8% -7.6%
2023 5.8% -14.2%
2024 5.7% -1.9%
2025 4.8% -15.5%

Paraguay compared with similar countries

  • Paraguay's 4.8% is below the median for upper middle income countries, which is 5.6%, 85% of the median. (53 countries reporting)
  • Paraguay's 4.8% is below the median for Latin America & Caribbean, which is 6.0%, 80% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Unemployment rate 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.

YearChange FromTo
1996 +139.7% 3.4% 8.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.1% 3.4% 8.2% 9
2000s 6.1% 4.4% 9.4% 10
2010s 5.2% 4.1% 6.6% 10
2020s 6.3% 4.8% 7.5% 6

Countries ranked near Paraguay

  1. 102 Cyprus 4.9% compare
  2. 103 Honduras 4.9% compare
  3. 104 Switzerland 4.9% compare
  4. 106 Kazakhstan 4.8% compare
  5. 107 United Kingdom 4.7% compare
  6. 108 Norway 4.6% compare

See the full ranking of 186 places →

More work & labour data for Paraguay

All data for Paraguay →

Frequently asked questions

What is unemployment rate in Paraguay?
Unemployment rate in Paraguay was 4.8% in 2025, according to ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rate recorded in Paraguay?
The highest recorded value was 9.4% in 2002.
What is the lowest unemployment rate recorded in Paraguay?
The lowest recorded value was 3.4% in 1995.
How does Paraguay rank for unemployment rate?
Paraguay ranks 105th out of 186 countries with data for 2025.
Is unemployment rate rising or falling in Paraguay?
Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
Where does this Paraguay data come from?
The figures come from ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rate. Statizoid updates them automatically from the source API.

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Unemployment rate in Paraguay. Statizoid, drawing on ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://labour.statizoid.com/stat/unemployment-rate/paraguay/

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About this data

Indicator
Unemployment rate
Unit
%
Source
ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon.