Guatemala Unemployment Rate

Unemployment Rate in Guatemala increased to 2.80 percent in the first quarter of 2018 from 2.10 percent in the third quarter of 2017. Unemployment Rate in Guatemala averaged 2.94 percent from 2002 until 2018, reaching an all time high of 4.13 percent in the fourth quarter of 2011 and a record low of 2.10 percent in the third quarter of 2017.

Unemployment Rate in Guatemala is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Guatemala to stand at 4.20 in 12 months time. In the long-term, the Guatemala Unemployment Rate is projected to trend around -0.40 percent in 2020, according to our econometric models.

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Guatemala Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	2.80	2.10	4.13	2.10	percent	[+]
Population	17.31	16.93	17.31	4.16	Million	[+]
Wages High Skilled	8230.00	7870.00	8230.00	7760.00	GTQ/Month	[+]
Wages Low Skilled	3180.00	3670.00	3670.00	3080.00	GTQ/Month	[+]
Labor Force Participation Rate	60.20	62.00	68.20	60.00	percent	[+]
Living Wage Family	4850.00	4850.00	4850.00	4850.00	GTQ/Month	[+]
Living Wage Individual	2500.00	2500.00	2500.00	2500.00	GTQ/Month	[+]

In Guatemala, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Guatemala Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.80	2.10	4.13	2.10	2002 - 2018	percent	Quarterly

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Country	Last		Previous	Range
South Africa	27.60	Mar/19	27.1	31.2 : 21.5	%
Spain	14.70	Mar/19	14.45	26.94 : 4.41	%
Turkey	13.00	Apr/19	14.1	14.8 : 7.3	%
Brazil	12.30	May/19	12.5	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.90	May/19	10.1	13.1 : 5.8	%
France	8.70	Mar/19	8.8	10.7 : 7.2	%
Euro Area	7.50	May/19	7.6	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Saudi Arabia	5.70	Mar/19	6	6.3 : 4.35	%
Canada	5.50	Jun/19	5.4	13.1 : 2.9	%
Australia	5.20	Jun/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.40	Jun/19	4.5	14.1 : 4.4	%
South Korea	4.00	Jun/19	4	7.1 : 3	%
United Kingdom	3.80	May/19	3.8	12 : 3.4	%
United States	3.70	Jun/19	3.6	10.8 : 2.5	%
China	3.67	Mar/19	3.8	4.3 : 3.67	%
Mexico	3.50	May/19	3.5	6.42 : 2.22	%
Netherlands	3.40	Jun/19	3.3	7.9 : 3.3	%
Germany	3.10	May/19	3.1	11.5 : 0.4	%
Japan	2.40	May/19	2.4	5.5 : 1	%
Singapore	2.20	Mar/19	2.2	6 : 1.4	%
Switzerland	2.10	Jun/19	2.3	5.7 : 1.5	%