Nicaragua Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Nicaragua unemployment rate for 2022 was 5.57%, a 0.37% decline from 2021.
  • Nicaragua unemployment rate for 2021 was 5.93%, a 0% increase from 2020.
  • Nicaragua unemployment rate for 2020 was 5.94%, a 0.74% increase from 2019.
  • Nicaragua unemployment rate for 2019 was 5.20%, a 0% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Djibouti 27.93%
West Bank and Gaza 25.72%
Eswatini 24.39%
Republic of Congo 21.80%
Sudan 18.73%
Lesotho 18.04%
Tunisia 16.12%
Sao Tome and Principe 15.32%
Cabo Verde 13.57%
Georgia 11.31%
Mauritania 11.11%
Morocco 10.49%
Angola 10.21%
Mongolia 8.25%
India 7.33%
Honduras 7.10%
Egypt 6.96%
Sri Lanka 6.71%
Pakistan 6.42%
Zambia 6.13%
Uzbekistan 6.01%
Nigeria 5.76%
Nicaragua 5.57%
Kenya 5.50%
Timor-Leste 4.86%
Bangladesh 4.70%
Kyrgyz Republic 4.57%
Bolivia 4.42%
Cameroon 4.00%
Ghana 3.87%
El Salvador 3.82%
Bhutan 3.60%
Indonesia 3.55%
Papua New Guinea 2.75%
Lao PDR 2.63%
Moldova 2.28%
Philippines 2.24%
Vanuatu 2.09%
Vietnam 1.92%
Solomon Islands 1.54%
Cambodia 0.36%
Nicaragua Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2022 5.57% -0.37%
2021 5.93% 0.00%
2020 5.94% 0.74%
2019 5.20% 0.00%
2018 5.20% 1.90%
2017 3.30% -0.60%
2016 3.90% -0.80%
2015 4.70% 0.18%
2014 4.52% -0.76%
2013 5.28% 0.07%
2012 5.21% -1.29%
2011 6.50% -1.33%
2010 7.83% -0.33%
2009 8.16% 1.96%
2008 6.20% 1.31%
2007 4.89% -0.42%
2006 5.31% -0.06%
2005 5.37% -1.04%
2004 6.41% -1.19%
2003 7.60% 0.02%
2002 7.58% 0.11%
2001 7.47% 0.08%
2000 7.39% 0.12%
1999 7.28% -0.02%
1998 7.30% 0.06%
1997 7.24% 0.10%
1996 7.14% 0.04%
1995 7.10% 0.00%
1994 7.11% -0.03%
1993 7.13% 0.07%
1992 7.07% 0.04%
1991 7.03% 0.04%