Paraguay Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
Paraguay's unemployment rate was 4.80% in 2025, ranked 81st globally. This represents a 17.3% decrease from 2024. Data from World Bank, covering 1983–2025.
Overview
Paraguay's unemployment rate stood at 4.80% in 2025, a decline of +1.00pp from 2024. The IMF projects 5.20% by 2025. Paraguay ranked 81st globally.
Paraguay's unemployment rate has exhibited significant fluctuations over the past four decades, ranging from a low of 3.40% in 1995 to a high of 9.39% in 2002. The country's most recent data, as of 2025, indicates an unemployment rate of 4.80%, ranking 81 globally. This value is relatively close to that of Kazakhstan, which stood at 4.77% in the same year. Notably, Paraguay's unemployment rate has trended downward since the peak in 2002, a period marked by economic instability. The trough in 1995 coincided with a period of relative economic stability, suggesting that favorable economic conditions can contribute to lower unemployment rates. As Paraguay continues to navigate its economic landscape, a shift in global economic conditions, such as changes in commodity prices, or improvements in economic governance, could potentially alter the trajectory of the unemployment rate.
Data & projection
| Year | Unemployment Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 5.20% | - | - |
| 2029* IMF | 5.20% | - | - |
| 2028* IMF | 5.20% | - | - |
| 2027* IMF | 5.20% | - | - |
| 2026* IMF | 5.20% | - | - |
| 2025* IMF | 5.20% | - | - |
| 2025 | 4.80% | −1.00pp | #81 |
| 2024 | 5.69% | −0.20pp | #111 |
| 2023 | 5.79% | −0.93pp | #110 |
| 2022 | 6.76% | −0.76pp | #122 |
| 2021 | 7.31% | −0.40pp | #115 |
| 2020 | 7.55% | +0.98pp | #113 |
| 2019 | 6.60% | +0.38pp | #119 |
| 2018 | 6.22% | +0.08pp | #112 |
| 2017 | 6.14% | +0.88pp | #104 |
| 2016 | 5.26% | +0.70pp | #85 |
| 2015 | 4.56% | −0.48pp | #66 |
| 2014 | 5.03% | +0.65pp | #74 |
| 2013 | 4.39% | +0.30pp | #63 |
| 2012 | 4.09% | −0.59pp | #60 |
| 2011 | 4.67% | +0.10pp | #68 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's unemployment rate was 4.80% in 2025. Ranked 81st globally. This represents a 17.3% decrease from the previous year.
Paraguay's unemployment rate peaked at 9.39% in 2002.
The lowest unemployment rate in Paraguay was 3.40% in 1995.
Paraguay ranks 81st globally in unemployment rate as of 2025.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
Paraguay's unemployment rate is projected to reach 5.20% by 2025 based on IMF projection.
The unemployment rate of Paraguay in 2025 was 4.80%. This ranks 81st in the world.
Cite this page
@misc{historysaid_paraguay_unemployment-rate,
title = {Paraguay Unemployment Rate},
url = {https://historysaid.com/paraguay/unemployment-rate/},
publisher = {HistorySaid},
year = {2026}
}