Unemployment Rate in Paraguay increased to 5.30 percent in the first quarter of 2026 from 3.60 percent in the fourth quarter of 2025. Unemployment Rate in Paraguay averaged 6.77 from 2010 until 2026, reaching an all time high of 9.20 in March of 2012 and a record low of 3.60 in December of 2025. source: Instituto Nacional de Estadística Paraguay

Unemployment Rate in Paraguay is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Unemployment Rate is projected to trend around 3.70 percent in 2027 and 3.90 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 3204472.00 3297188.00 Mar 2026
Minimum Wages 2899.05 2899.05 PYG Thousand/Month May 2026
Population 7.76 7.66 Million Dec 2025
Unemployed Persons 177961.00 121844.00 Mar 2026
Wages in Manufacturing 363.40 363.40 points Jun 2025


Paraguay Unemployment Rate
In Paraguay, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
5.30 3.60 9.20 3.60 2010 - 2026