Latin America & Caribbean Unemployment Rate 1960-2024
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Latin America & Caribbean unemployment rate for 2022 was 6.91%, a 2.29% decline from 2021.
- Latin America & Caribbean unemployment rate for 2021 was 9.20%, a 1.01% decline from 2020.
- Latin America & Caribbean unemployment rate for 2020 was 10.21%, a 2.2% increase from 2019.
- Latin America & Caribbean unemployment rate for 2019 was 8.01%, a 0.07% increase from 2018.
| Latin America & Caribbean Unemployment Rate - Historical Data |
| Year |
Unemployment Rate (%) |
Annual Change |
| 2022 |
6.91% |
-2.29% |
| 2021 |
9.20% |
-1.01% |
| 2020 |
10.21% |
2.20% |
| 2019 |
8.01% |
0.07% |
| 2018 |
7.94% |
-0.10% |
| 2017 |
8.04% |
0.29% |
| 2016 |
7.75% |
1.07% |
| 2015 |
6.68% |
0.50% |
| 2014 |
6.18% |
-0.19% |
| 2013 |
6.38% |
-0.05% |
| 2012 |
6.42% |
-0.28% |
| 2011 |
6.71% |
-0.50% |
| 2010 |
7.21% |
-0.60% |
| 2009 |
7.81% |
0.97% |
| 2008 |
6.84% |
-0.39% |
| 2007 |
7.22% |
-0.39% |
| 2006 |
7.61% |
-0.63% |
| 2005 |
8.23% |
-0.52% |
| 2004 |
8.75% |
-0.52% |
| 2003 |
9.27% |
-0.14% |
| 2002 |
9.41% |
0.34% |
| 2001 |
9.07% |
-0.40% |
| 2000 |
9.47% |
0.02% |
| 1999 |
9.44% |
0.95% |
| 1998 |
8.50% |
0.34% |
| 1997 |
8.15% |
-0.15% |
| 1996 |
8.31% |
0.38% |
| 1995 |
7.93% |
1.23% |
| 1994 |
6.70% |
0.61% |
| 1993 |
6.09% |
0.01% |
| 1992 |
6.09% |
-0.02% |
| 1991 |
6.11% |
6.11% |
| 1990 |
0.00% |
0.00% |
| 1989 |
0.00% |
0.00% |
| 1988 |
0.00% |
0.00% |
| 1987 |
0.00% |
0.00% |
| 1986 |
0.00% |
0.00% |
| 1985 |
0.00% |
0.00% |
| 1984 |
0.00% |
0.00% |
| 1983 |
0.00% |
0.00% |
| 1982 |
0.00% |
0.00% |
| 1981 |
0.00% |
0.00% |
| 1980 |
0.00% |
0.00% |
| 1979 |
0.00% |
0.00% |
| 1978 |
0.00% |
0.00% |
| 1977 |
0.00% |
0.00% |
| 1976 |
0.00% |
0.00% |
| 1975 |
0.00% |
0.00% |
| 1974 |
0.00% |
0.00% |
| 1973 |
0.00% |
0.00% |
| 1972 |
0.00% |
0.00% |
| 1971 |
0.00% |
0.00% |
| 1970 |
0.00% |
0.00% |
| 1969 |
0.00% |
0.00% |
| 1968 |
0.00% |
0.00% |
| 1967 |
0.00% |
0.00% |
| 1966 |
0.00% |
0.00% |
| 1965 |
0.00% |
0.00% |
| 1964 |
0.00% |
0.00% |
| 1963 |
0.00% |
0.00% |
| 1962 |
0.00% |
0.00% |
| 1961 |
0.00% |
0.00% |
| 1960 |
0.00% |
0.00% |
