Guatemala Unemployment Rate  Forecast


Guatemala Unemployment Rate
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Unemployment Rate in Guatemala is expected to be 3.00 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 3.10 in 12 months time. In the long-term, the Guatemala Unemployment Rate is projected to trend around 3.40 percent in 2020, according to our econometric models.


Guatemala Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 3.1 3 2.7 2.7 3.1 3.4
Population 16.56 16.4 16.4 16.7 16.83 18.08
Living Wage Family 3560 3560 3560 3560 3560 3560
Living Wage Individual 1690 1690 1690 1690 1690 1690
Wages High Skilled 8270 7971 7930 7909 7888 7951
Wages Low Skilled 3320 3230 2920 2766 2611 2634