Unemployment Rate in Guyana increased to 15.80 percent in 2020 from 11.90 percent in 2019. source: International Labour Organization (ILO)

Unemployment Rate in Guyana averaged 12.01 percent from 1980 until 2020, reaching an all time high of 16.80 percent in 1980 and a record low of 10.70 percent in 2006. This page provides - Guyana Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guyana Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Unemployment Rate in Guyana is expected to reach 13.90 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guyana Unemployment Rate is projected to trend around 12.50 percent in 2022 and 12.00 percent in 2023, according to our econometric models.

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Guyana Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.80 11.90 16.80 10.70 1980 - 2020 percent Yearly

Guyana Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.80 11.90 16.80 10.70 percent [+]
Population 0.79 0.78 0.79 0.56 Million [+]


Guyana Unemployment Rate
In Guyana, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.