Unemployment Rate rose 13.7% to 15.8% in Guyana in 2020, according to .
Historically, Unemployment Rate in Guyana reached an all time high of 15.8% in 2020 and an all time low of 10.7% in 2006. When compared to Guyana's main peers, Unemployment Rate in Brazil amounted to 13.7%, 8.65% in Suriname, 6.74% in Trinidad and Tobago and 9.14% in Venezuela in 2020.
Guyana has been ranked 18th within the group of 175 countries we follow in terms of Unemployment Rate, 18 places above the position seen 10 years ago.
Unemployment Rate | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Bolivia | % | 3.66% | 3.52% | 3.46% | 5.61% | 4.00% | ||||||||||||||||
Brazil | % | 12.8% | 12.3% | 11.9% | 13.7% | 9.80% | ||||||||||||||||
Colombia | % | 8.87% | 9.11% | 9.96% | 15.4% | 9.00% | ||||||||||||||||
Guyana | % | 13.9% | 14.0% | 13.9% | 15.8% | ... | ... | ... | ||||||||||||||
Peru | % | 3.35% | 3.18% | 3.03% | 6.24% | 6.66% | ||||||||||||||||
Puerto Rico | % | 10.8% | 9.20% | 8.30% | 11.2% | 11.4% | ||||||||||||||||
Suriname | % | 7.08% | 7.00% | 6.94% | 8.65% | 6.70% | ||||||||||||||||
Trinidad and Tobago | % | 3.30% | 3.40% | 3.46% | 6.74% | 4.74% | ||||||||||||||||
Venezuela | % | 7.30% | 7.22% | 7.16% | 9.14% | 41.4% |