Unemployment in Paraguay

Paraguay Unemployment | Economic News & Forecasts

Paraguay - Unemployment

Incoming data suggests that the economy lost steam in Q3, after expanding at the fastest annual clip in over a year in Q2. Economic activity cooled significantly on average in Q3 from Q2, largely owing to a marked year-on-year contraction in September due to softer dynamics in the industrial and services sectors. Moreover, weaker demand from the EU and Asia led to lower merchandise exports in Q3 compared to last year, suggesting the external sector dragged on overall growth in the quarter. Meanwhile, at the conclusion of its yearly staff visit on 15 November, the IMF praised authorities’ macroeconomic management but also recommended addressing infrastructure needs and strengthening the financial system in view of improving the business environment.

Paraguay - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate7.9  6.5  5.5  7.4  -     

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Paraguay Unemployment Chart

Paraguay Unemployment
Note: Unemployment in % of active population.
Source: General Directorate of Statistics, Surveys and Censuses.

Paraguay Facts

Exchange Rate6,0140.18 %Jan 14

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