Unemployment Rate rose 97.0% to 4.65% in Guatemala in 2020, according to .
Historically, Unemployment Rate in Guatemala reached an all time high of 4.65% in 2020 and an all time low of 2.36% in 2019. When compared to Guatemala's main peers, Unemployment Rate in Belize amounted to 7.82%, 6.98% in El Salvador, 9.39% in Honduras and 5.82% in Nicaragua in 2020.
Guatemala has been ranked 122nd within the group of 175 countries we follow in terms of Unemployment Rate, 20 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 |
| Belize | % | 6.60% | 6.52% | 6.46% | 7.82% | 13.2% | ||||||||||||||||
| Costa Rica | % | 8.14% | 9.63% | 11.5% | 17.1% | 7.63% | ||||||||||||||||
| El Salvador | % | 4.39% | 4.01% | 3.96% | 6.98% | 7.09% | ||||||||||||||||
| Guatemala | % | 2.46% | 2.41% | 2.36% | 4.65% | ... | ... | ... | ||||||||||||||
| Honduras | % | 5.53% | 5.65% | 5.57% | 9.39% | 6.20% | ||||||||||||||||
| Mexico | % | 3.42% | 3.28% | 3.48% | 4.71% | 3.48% | ||||||||||||||||
| Nicaragua | % | 3.30% | 5.20% | 5.14% | 5.82% | 11.0% | ||||||||||||||||
| USA | % | 4.36% | 3.90% | 3.67% | 8.31% | 3.61% |