Colorful city in Guatemala

Guatemala Unemployment

Guatemala Unemployment

Unemployment in Guatemala

The unemployment rate in Guatemala averaged 2.5% in the decade to 2022, below the 8.6% average for Central America and Caribbean region. The unemployment rate in 2022 was 3.1%. For more unemployment information, visit our dedicated page.

Guatemala Unemployment Chart

Note: This chart displays Unemployment Rate for Guatemala from 2019 to 2018.
Source: INTERNATIONAL LABOUR ORGANIZATION.

Guatemala Unemployment Data

2018 2019 2020 2021 2022
Unemployment (% of active population, aop) 2.3 2.2 2.2 2.2 3.1
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Guatemalan unemployment projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Guatemalan unemployment.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Guatemalan unemployment projections.

Want to get access to the full dataset of Guatemalan unemployment forecasts? Send an email to info@focus-economics.com.

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

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