Paraguay: Youth unemployment

* indicates monthly or quarterly data series

Youth unemployment, ages 15-24

 Latest value 12.14
 Year 2023
 Measure percent
 Data availability 1991 - 2023
 Average 11.97
 Min - Max 6.72 - 17.08
 Source The World Bank
For that indicator, we provide data for Paraguay from 1991 to 2023. The average value for Paraguay during that period was 11.97 percent with a minimum of 6.72 percent in 1995 and a maximum of 17.08 percent in 2020. The latest value from 2023 is 12.14 percent. For comparison, the world average in 2023 based on 178 countries is 16.02 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Paraguay - Youth unemployment - Recent values chart

Historical chart
Paraguay - Youth unemployment - historical chart - 1991-2023

We present the rate of youth unemployment for Paraguay and other countries. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are unemployed. Recall that the labor force includes the employed and the unemployed people.
Definition: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.

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 Related indicators Latest value Reference Measure
 Labor force 3.47 2023 million people
 Unemployment rate 6.75 2022 percent
 Female unemployment 7.06 2023 percent
 Male unemployment 4.59 2023 percent
 Youth unemployment 12.14 2023 percent
 Labor force participation 70.89 2023 percent
 Labor force: percent female 42.17 2023 percent
 Female labor force participation 59.50 2023 percent
 Male labor force participation 82.39 2023 percent
 Self-employment 42.21 2022 percent
 Informal employment 68.90 2019 percent
 Employment 2.90 Q3/2023 million employed people
 Unemployment rate 5.95 Q3/2023 percent
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