Unemployment rates: modeled vs. national estimates in Guatemala

Guatemala: Unemployment rates: modeled vs. national estimates was 1.9% in 2024. ▼ Falling

Latest (2024)
1.9%
Change on year
down 18.8%
World rank
168th
of 185 countries
All-time high
5.1%
in 1980
All-time low
1.9%
in 2006
Years of data
25
1980–2024

Unemployment rates: modeled vs. national estimates in Guatemala, 1980–2024

02461980200220241980: 5.1 %1981: 2.2 %1982: 2.3 %1987: 3.5 %1989: 1.9 %1990: 3.6 %2000: 1.9 %2002: 2.3 %2003: 2.8 %2004: 3 %2006: 1.9 %2010: 3.5 %2011: 4.1 %2012: 2.8 %2013: 3 %2014: 2.7 %2015: 2.5 %2016: 2.6 %2017: 2.5 %2018: 2.3 %2019: 2.2 %2021: 2.2 %2022: 3.1 %2023: 2.3 %2024: 1.9 %

Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

In 2024, unemployment rates: modeled vs. national estimates in Guatemala stood at 1.9%.

Compared with earlier readings it is down 18.8% on the previous year and down 30.0% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Guatemala peaked at 5.1% in 1980 and was at its lowest, 1.9%, in 2006.

Guatemala ranks 168th of 185 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.0% 1.9% 5.1% 5
1990s 3.6% 3.6% 3.6% 1
2000s 2.4% 1.9% 3.0% 5
2010s 2.8% 2.2% 4.1% 10
2020s 2.4% 1.9% 3.1% 4

Countries ranked near Guatemala

  1. 165 Russia 2.1% compare
  2. 166 Palau 2.1% compare
  3. 167 Togo 2.0% compare
  4. 169 United Arab Emirates 1.9% compare
  5. 170 Cuba 1.7% compare
  6. 171 Benin 1.7% compare

See the full ranking of 185 places →

More reference data data for Guatemala

All data for Guatemala →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Guatemala?
Unemployment rates: modeled vs. national estimates in Guatemala was 1.9% in 2024, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rates: modeled vs. national estimates recorded in Guatemala?
The highest recorded value was 5.1% in 1980.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Guatemala?
The lowest recorded value was 1.9% in 2006.
How does Guatemala rank for unemployment rates: modeled vs. national estimates?
Guatemala ranks 168th out of 185 countries with data for 2024.
Is unemployment rates: modeled vs. national estimates rising or falling in Guatemala?
Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
Where does this Guatemala data come from?
The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.

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About this data

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.