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Guyana Annual Unemployment Rate

Guyana's annual unemployment rate fell to 10.16% in 2024, down from 12.03% in 2023, according to World Bank. This represents a decrease of 1.87% from the previous year. Guyana has annual unemployment rate higher than the global median (10.16% vs median 5.23%). Compared with the median in Americas, Guyana is higher (10.16% vs regional median 6.45%) and ranks 5th out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 10.16%
2023 12.03%
2022 12.01%
2021 14.56%
2020 15.33%
2019 13.17%
2018 13.63%
2017 13.46%
2016 13.26%
2015 13%
2014 12.64%
2013 12.3%
2012 12.04%
2011 11.82%
2010 11.64%
2009 11.31%
2008 11.03%
2007 10.85%
2006 10.7%
2005 11.08%
2004 11.28%
2003 11.53%
2002 11.81%
2001 11.81%
2000 11.93%
1999 11.8%
1998 11.73%
1997 11.62%
1996 11.61%
1995 11.64%
1994 11.62%
1993 11.71%
1992 11.9%
1991 12.05%
Guyana Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Guyana's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 40.27% 40.33% 2024