Unemployment Rate in Guatemala decreased to 2 percent in the third quarter of 2018 from 2.80 percent in the first quarter of 2018. Unemployment Rate in Guatemala averaged 2.90 percent from 2002 until 2018, reaching an all time high of 4.13 percent in the fourth quarter of 2011 and a record low of 2 percent in the third quarter of 2018.

Unemployment Rate in Guatemala is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Guatemala to stand at 2.70 in 12 months time. In the long-term, the Guatemala Unemployment Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.

Guatemala Unemployment Rate
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Guatemala Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.00 2.80 4.13 2.00 percent [+]
Population 17.31 16.93 17.31 4.16 Million [+]
Wages High Skilled 8230.00 7870.00 8230.00 7760.00 GTQ/Month [+]
Wages Low Skilled 3180.00 3670.00 3670.00 3080.00 GTQ/Month [+]
Labor Force Participation Rate 60.90 60.20 68.20 60.00 percent [+]
Living Wage Family 4850.00 4850.00 4850.00 4850.00 GTQ/Month [+]
Living Wage Individual 2500.00 2500.00 2500.00 2500.00 GTQ/Month [+]


Guatemala Unemployment Rate

In Guatemala, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Guatemala Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.80 4.13 2.00 2002 - 2018 percent Quarterly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.60 Jun/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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