Venezuela Unemployment Rate 1991-2020
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Venezuela unemployment rate for 2019 was 8.80%, a 1.58% increase from 2018.
- Venezuela unemployment rate for 2018 was 7.22%, a 0.09% decline from 2017.
- Venezuela unemployment rate for 2017 was 7.30%, a 0.09% decline from 2016.
- Venezuela unemployment rate for 2016 was 7.39%, a 0.05% decline from 2015.
| Similar Country Ranking | |
|---|---|
| Country Name | Unemployment Rate (%) |
| South Africa | 28.18% |
| St. Lucia | 20.71% |
| Namibia | 20.27% |
| Gabon | 20.00% |
| St. Vincent and the Grenadines | 18.88% |
| Libya | 18.56% |
| Bosnia | 18.43% |
| Botswana | 18.19% |
| North Macedonia | 17.76% |
| Armenia | 16.99% |
| Montenegro | 14.88% |
| Jordan | 14.72% |
| Turkey | 13.49% |
| Iraq | 12.82% |
| Serbia | 12.69% |
| Albania | 12.33% |
| Brazil | 12.08% |
| Costa Rica | 11.85% |
| Guyana | 11.85% |
| Algeria | 11.70% |
| Iran | 11.38% |
| Colombia | 9.71% |
| Venezuela | 8.80% |
| Samoa | 8.36% |
| Jamaica | 8.00% |
| Suriname | 7.33% |
| Mauritius | 6.67% |
| Equatorial Guinea | 6.43% |
| Belize | 6.41% |
| Lebanon | 6.23% |
| Maldives | 6.14% |
| Dominican Republic | 5.85% |
| Azerbaijan | 5.51% |
| Paraguay | 4.81% |
| Belarus | 4.60% |
| Kazakhstan | 4.59% |
| Russia | 4.59% |
| Bulgaria | 4.34% |
| China | 4.32% |
| Fiji | 4.10% |
| Romania | 3.98% |
| Ecuador | 3.97% |
| Turkmenistan | 3.91% |
| Mexico | 3.43% |
| Malaysia | 3.32% |
| Peru | 3.31% |
| Guatemala | 2.46% |
| Cuba | 1.64% |
| Tonga | 1.12% |
| Thailand | 0.75% |
| Venezuela Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | Unemployment Rate (%) | Annual Change |
| 2019 | 8.80% | 1.58% |
| 2018 | 7.22% | -0.09% |
| 2017 | 7.30% | -0.09% |
| 2016 | 7.39% | -0.05% |
| 2015 | 7.44% | -0.04% |
| 2014 | 7.48% | -0.06% |
| 2013 | 7.54% | 0.94% |
| 2012 | 6.60% | -0.30% |
| 2011 | 6.90% | -0.21% |
| 2010 | 7.11% | 1.02% |
| 2009 | 6.10% | -0.15% |
| 2008 | 6.25% | -1.03% |
| 2007 | 7.28% | -1.33% |
| 2006 | 8.61% | -2.06% |
| 2005 | 10.66% | -4.41% |
| 2004 | 15.07% | -1.71% |
| 2003 | 16.78% | 0.61% |
| 2002 | 16.17% | 3.13% |
| 2001 | 13.04% | -0.95% |
| 2000 | 13.99% | -0.54% |
| 1999 | 14.53% | 3.38% |
| 1998 | 11.15% | -0.01% |
| 1997 | 11.16% | -0.61% |
| 1996 | 11.77% | 1.53% |
| 1995 | 10.24% | 1.68% |
| 1994 | 8.56% | 1.96% |
| 1993 | 6.60% | -1.09% |
| 1992 | 7.69% | -1.76% |
| 1991 | 9.45% | -1.76% |
