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Paraguay — Unemployment
Unemployment Rate for Paraguay, 1991–2025.
Latest value · 2025
4.80%
Unemployment Rate · % of total labor force · -5.8% since 1991
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%.
Key figures
Latest (2025)
4.80%
First (1991)
5.10%
Change
-5.8%
Highest
9.39%
in 2002
Lowest
3.40%
in 1995
Average
5.62%
Annual growth (CAGR)
-0.18%
Years of data
35
Recent years
| Year | % of total labor force |
|---|---|
| 2025 | 4.8% |
| 2024 | 5.69% |
| 2023 | 5.79% |
| 2022 | 6.76% |
| 2021 | 7.31% |
| 2020 | 7.55% |
| 2019 | 6.6% |
| 2018 | 6.22% |
| 2017 | 6.14% |
| 2016 | 5.26% |
| 2015 | 4.56% |
| 2014 | 5.03% |
Reading this correctly. Share of the labor force without work but available for and seeking employment. National definitions differ, so cross-country comparison needs care. Figures are in % of total labor force. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.