Unemployment rates: modeled vs. national estimates in Paraguay

Paraguay: Unemployment rates: modeled vs. national estimates was 4.6% in 2025. ▬ Flat

Latest (2025)
4.6%
Change on year
down 18.6%
World rank
108th
of 185 countries
All-time high
9.4%
in 2002
All-time low
3.4%
in 1995
Years of data
46
1979–2025

Unemployment rates: modeled vs. national estimates in Paraguay, 1979–2025

0246810197920022025

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

Analysis

The most recent figure for unemployment rates: modeled vs. national estimates in Paraguay is 4.6%, measured in 2025.

Compared with earlier readings it is down 18.6% on the previous year and up 1.7% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Paraguay peaked at 9.4% in 2002 and was at its lowest, 3.4%, in 1995.

That places Paraguay 108th out of 185 countries with data for 2025, putting it in the middle of the range.

Unemployment rates: modeled vs. national estimates in Paraguay, year by year

Annual values for Unemployment rates: modeled vs. national estimates in Paraguay, 1979 to 2025.
Year % Change
1979 5.7%
1980 4.1% -27.9%
1982 5.6% +36.7%
1983 8.3% +47.1%
1984 7.3% -11.1%
1985 5.1% -30.0%
1986 6.1% +18.8%
1987 5.5% -9.6%
1988 4.7% -14.4%
1989 5.6% +19.0%
1990 5.8% +3.1%
1991 5.1% -12.0%
1992 5.0% -2.4%
1993 5.1% +1.7%
1994 4.4% -13.0%
1995 3.4% -22.8%
1996 8.2% +139.8%
1997 5.4% -34.3%
1998 4.4% -17.5%
1999 5.3% +21.0%
2000 7.6% +42.4%
2001 6.2% -18.4%
2002 9.4% +51.4%
2003 6.8% -27.5%
2004 6.5% -4.4%
2005 4.8% -25.9%
2006 5.3% +9.4%
2007 4.7% -10.7%
2008 4.4% -6.3%
2009 5.5% +23.7%
2010 4.6% -16.3%
2011 4.7% +2.2%
2012 4.1% -12.5%
2013 4.4% +7.3%
2014 5.0% +14.8%
2015 4.6% -9.5%
2016 5.3% +15.3%
2017 6.1% +16.8%
2018 6.2% +1.3%
2019 6.6% +6.1%
2020 7.5% +14.5%
2021 7.3% -2.9%
2022 6.8% -7.7%
2023 5.8% -14.2%
2024 5.7% -1.8%
2025 4.6% -18.6%

Paraguay compared with similar countries

  • Paraguay's 4.6% is below the median for upper middle income countries, which is 5.8%, 80% of the median. (52 countries reporting)
  • Paraguay's 4.6% is below the median for Latin America & Caribbean, which is 6.3%, 73% of the median. (36 countries reporting)

Biggest year-on-year movements

Years where Unemployment rates: modeled vs. national estimates in Paraguay changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1996 +139.8% 3.4% 8.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.7% 5.7% 5.7% 1
1980s 5.8% 4.1% 8.3% 9
1990s 5.2% 3.4% 8.2% 10
2000s 6.1% 4.4% 9.4% 10
2010s 5.2% 4.1% 6.6% 10
2020s 6.3% 4.6% 7.5% 6

Countries ranked near Paraguay

  1. 105 Honduras 4.9% compare
  2. 106 Switzerland 4.8% compare
  3. 107 Ireland 4.7% compare
  4. 109 China 4.6% compare
  5. 110 Maldives 4.6% compare
  6. 111 India 4.5% compare

See the full ranking of 185 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Paraguay?
Unemployment rates: modeled vs. national estimates in Paraguay was 4.6% in 2025, 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 Paraguay?
The highest recorded value was 9.4% in 2002.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Paraguay?
The lowest recorded value was 3.4% in 1995.
How does Paraguay rank for unemployment rates: modeled vs. national estimates?
Paraguay ranks 108th out of 185 countries with data for 2025.
Is unemployment rates: modeled vs. national estimates rising or falling in Paraguay?
Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
Where does this Paraguay 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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Unemployment rates: modeled vs. national estimates in Paraguay. Statizoid, drawing on Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data/paraguay/

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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.