Unemployment Rate in Paraguay decreased to 4.90 percent in the third quarter of 2025 from 5 percent in the second quarter of 2025. Unemployment Rate in Paraguay averaged 6.86 percent from 2010 until 2025, reaching an all time high of 9.20 percent in the first quarter of 2012 and a record low of 4.60 percent in the fourth quarter of 2024. source: Instituto Nacional de Estadística Paraguay
Unemployment Rate in Paraguay is expected to be 5.00 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 4.50 percent in 2026, according to our econometric models.