Unemployment Rate in Paraguay decreased to 5.70 percent in the fourth quarter of 2019 from 6.20 percent in the third quarter of 2019.
Unemployment Rate in Paraguay averaged 7.06 percent from 2010 until 2019, reaching an all time high of 9.20 percent in the first quarter of 2012 and a record low of 5.20 percent in the fourth quarter of 2017. This page provides - Paraguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Unemployment Rate - values, historical data and charts - was last updated on July of 2020. source: DGEEC
Unemployment Rate in Paraguay is expected to be 7.40 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 7.70 in 12 months time. In the long-term, the Paraguay Unemployment Rate is projected to trend around 7.30 percent in 2021 and 6.90 percent in 2022, according to our econometric models.