Unemployment rate in Guatemala 2023

In 2023, the unemployment rate in Guatemala decreased by 0.4 percentage points (-13.11 percent) compared to 2022. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years.
The unemployment rate refers to the share of the economically active population currently without work but in search of employment. The unemployment rate does not include economically inactive persons such as the long-term unemployed, children, or retirees.

Find more key insights for the unemployment rate in countries like Belize and Honduras.