Guyana Unemployment Rate

Unemployment Rate in Guyana remained unchanged at 21 percent in 2011 from 21 percent in 2010. Unemployment Rate in Guyana is reported by the Statistics Guyana. From 1980 until 2011, Guyana Unemployment Rate averaged 21.5 Percent reaching an all time high of 28.5 Percent in December of 2006 and a record low of 11.7 Percent in December of 1992. In Guyana, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Guyana Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
21.00 21.00 28.50 11.70 21.00 | 2012/12 1980 - 2011 Percent Yearly

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Guyana Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 0.79 2012-12-31 0.79 0.79 0.56 0.80 2013-12-31 Million [+]
Unemployment Rate 21.00 2011-12-31 21.00 28.50 11.70 21.00 2012-12-31 Percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Guyana Inflation Rate at 0.90 Percent  
The inflation rate in Guyana was recorded at 0.90 percent in the fourth quarter of 2013. Inflation Rate in Guyana is reported by the Statistics Guyana.
Guyana Interest Rate at 5.00 Percent  
The benchmark interest rate in Guyana was last recorded at 5 percent. Interest Rate in Guyana is reported by the Bank of Guyana.
Guyana Sales Tax Rate | VAT at 16.00 Percent  
The Sales Tax Rate in Guyana stands at 16 percent. Sales Tax Rate in Guyana is reported by the Ministry of Finance.
Guyana GDP Annual Growth Rate at 3.90 Percent  
The Gross Domestic Product (GDP) in Guyana expanded 3.90 percent in the first six months of 2013 from the same period of the previous year. GDP Annual Growth Rate in Guyana is reported by the Bank of Guyana.
Guyana Balance of Trade at -49.70 USD Million  
Guyana recorded a trade deficit of 49.70 USD Million in the third quarter of 2013. Balance of Trade in Guyana is reported by the Bank of Guyana.
Guyana Current Account at -394.80 USD Million  
Guyana recorded a Current Account deficit of 394.80 USD Million in 2012. Current Account in Guyana is reported by the Bank of Guyana.
Guyana Imports at 448.40 USD Million  
Imports in Guyana decreased to 448.40 USD Million in the third quarter of 2013 from 456.30 USD Million in the second quarter of 2013. Imports in Guyana is reported by the Bank of Guyana.
Guyana Exports at 398.80 USD Million  
Exports in Guyana increased to 398.80 USD Million in the third quarter of 2013 from 318.90 USD Million in the second quarter of 2013. Exports in Guyana is reported by the Bank of Guyana.
Guyana Remittances at 405.00 USD Million  
Remittances in Guyana increased to 405 in December of 2012 from 401 in December of 2011.
Guyana GDP per capita at 1276.80 USD  
The Gross Domestic Product per capita in Guyana was last recorded at 1276.80 US dollars in 2012. The GDP per Capita in Guyana is equivalent to 10 percent of the worlds average. GDP per capita in Guyana is reported by the World Bank.
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