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 2023 to 2018.
Source: Macrobond.
Guatemala Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 2.2 | 3.0 | 2.2 | 3.1 | 2.7 |
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 3 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.