Paraguay — Unemployment
Unemployment Rate for Paraguay, 1991–2025.
Unemployment for Paraguay was 4.80% in 2025, according to the latest World Bank data. The series covers 35 years, from 1991 to 2025. The highest recorded value was 9.39% in 2002. The lowest was 3.40% in 1995 (about 1.4× the low point). Across that span the compound annual growth rate works out to -0.18% per year.
Paraguay ranks 106 of 187 economies on this measure (1 = highest), putting it in the top 57%. The median for Latin America & Caribbean is 5.99%, so Paraguay sits below it. It peaked in 2002 and has fallen 49% since. Over the last decade (2015–2025) the figure moved up 5%. Within Latin America & Caribbean it ranks 23 of 31 economies; Trinidad and Tobago (3.33%) is just below it. Its sharpest one-year move was up 140% in 1996. That is 21% below this series' own ten-year average.
Data highlights
World ranking. Climbed: 104th of 187 in 1991 → 86th of 187 in 2000 → 128th of 187 in 2010 → 78th of 187 in 2020 → 101st of 182 in 2025.
Key figures
Full history — 1991 to 2025
| Year | % of total labor force | Change |
|---|---|---|
| 2025 | 4.8% | -0.9 pp |
| 2024 | 5.69% | -0.1 pp |
| 2023 | 5.79% | -1.0 pp |
| 2022 | 6.76% | -0.6 pp |
| 2021 | 7.31% | -0.2 pp |
| 2020 | 7.55% | +1.0 pp |
| 2019 | 6.6% | +0.4 pp |
| 2018 | 6.22% | +0.1 pp |
| 2017 | 6.14% | +0.9 pp |
| 2016 | 5.26% | +0.7 pp |
| 2015 | 4.56% | -0.5 pp |
| 2014 | 5.03% | +0.6 pp |
| 2013 | 4.39% | +0.3 pp |
| 2012 | 4.09% | -0.6 pp |
| 2011 | 4.67% | +0.1 pp |
| 2010 | 4.57% | -0.9 pp |
| 2009 | 5.46% | +1.0 pp |
| 2008 | 4.42% | -0.3 pp |
| 2007 | 4.71% | -0.6 pp |
| 2006 | 5.28% | +0.5 pp |
| 2005 | 4.83% | -1.7 pp |
| 2004 | 6.51% | -0.3 pp |
| 2003 | 6.81% | -2.6 pp |
| 2002 | 9.39% | +3.2 pp |
| 2001 | 6.21% | -1.4 pp |
| 2000 | 7.61% | +2.3 pp |
| 1999 | 5.34% | +0.9 pp |
| 1998 | 4.42% | -0.9 pp |
| 1997 | 5.36% | -2.8 pp |
| 1996 | 8.15% | +4.8 pp |
| 1995 | 3.4% | -1.0 pp |
| 1994 | 4.41% | -0.6 pp |
| 1993 | 5.06% | +0.1 pp |
| 1992 | 4.98% | -0.1 pp |
| 1991 | 5.1% | — |
Frequently asked questions
What was Paraguay’s Unemployment in 1992?
4.98% (1992). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of total labor force, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Paraguay’s Unemployment growing or shrinking?
Between 1991 and 2025 the series was shrinking overall: -5.8% in total — about 0.2% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SL.UEM.TOTL.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 4.8%; 2024: 5.69%; 2023: 5.79%; 2022: 6.76%; 2021: 7.31%. Earlier years are in the full-history table below.
Related data
SL.UEM.TOTL.ZS — Unemployment Rate. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.