Unemployment Rate in Paraguay decreased to 6.20 percent in the third quarter of 2019 from 7.40 percent in the second quarter of 2019. Paraguay Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Unemployment Rate in Paraguay averaged 7.09 percent from 2010 until 2019, reaching an all time high of 9.20 percent in the first quarter of 2012 and a record low of 5.20 percent in the fourth quarter of 2017. This page provides - Paraguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: DGEEC

Unemployment Rate in Paraguay is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Paraguay to stand at 6.50 in 12 months time. In the long-term, the Paraguay Unemployment Rate is projected to trend around 5.40 percent in 2021, according to our econometric models.


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Paraguay Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.20 7.40 9.20 5.20 2010 - 2019 percent Quarterly


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.