Labor Force Participation Rate in Guatemala averaged 61.72 percent from 2002 until 2019, reaching an all time high of 68.20 percent in the fourth quarter of 2003 and a record low of 59.10 percent in the third quarter of 2019. This page provides - Guatemala Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Guatemala Labor Force Participation Rate - values, historical data and charts - was last updated on August of 2022.
Labor Force Participation Rate in Guatemala is expected to be 58.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Guatemala to stand at 59.50 in 12 months time. In the long-term, the Guatemala Labor Force Participation Rate is projected to trend around 60.00 percent in 2021 and 60.30 percent in 2022, according to our econometric models.