Paraguay Unemployment Rate - Forecast

Unemployment Rate in Paraguay is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Paraguay to stand at 7.00 in 12 months time. In the long-term, the Paraguay Unemployment Rate is projected to trend around 7.40 percent in 2020, according to our econometric models.


Paraguay Unemployment Rate
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Paraguay Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 7.6 8.5 8.5 7.5 7 7.4
Minimum Wages 2041 2041 2041 2110 2110 2250
Population 6.86 7.4 7.4 6.92 6.95 7.22
Unemployed Persons 93052 92560 99664 92039 86271 85912
Living Wage Family 2338000 2338000 2338000 2338000 2338000 2338000
Living Wage Individual 1445700 1445700 1445700 1445700 1445700 1445700
Wages High Skilled 5018400 4665168 4680206 4695245 4710284 4659643
Wages In Manufacturing 260 262 262 261 261 258
Wages Low Skilled 2672000 2526010 2530506 2535001 2539496 2571093
Employed Persons 1126552 1130650 1129792 1127708 1125827 1110882