Venezuela Unemployment Rate 1991-2023
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
- Venezuela unemployment rate for 2021 was 6.41%, a 0.21% decline from 2020.
- Venezuela unemployment rate for 2020 was 6.63%, a 1.53% increase from 2019.
- Venezuela unemployment rate for 2019 was 5.10%, a 0.07% increase from 2018.
- Venezuela unemployment rate for 2018 was 5.02%, a 0.03% decline from 2017.
| Similar Country Ranking | |
|---|---|
| Country Name | Unemployment Rate (%) |
| South Africa | 33.56% |
| Botswana | 24.72% |
| Gabon | 22.27% |
| Namibia | 21.68% |
| St. Vincent and the Grenadines | 21.62% |
| Armenia | 20.90% |
| Libya | 19.58% |
| Jordan | 19.25% |
| Montenegro | 18.49% |
| Costa Rica | 17.95% |
| St. Lucia | 16.91% |
| Guyana | 16.43% |
| North Macedonia | 16.20% |
| Bosnia | 15.22% |
| Lebanon | 14.49% |
| Brazil | 14.40% |
| Colombia | 14.34% |
| Iraq | 14.19% |
| Turkey | 13.39% |
| Algeria | 12.70% |
| Albania | 11.82% |
| Serbia | 11.81% |
| Iran | 11.46% |
| Suriname | 10.07% |
| Samoa | 9.84% |
| Equatorial Guinea | 9.25% |
| Jamaica | 9.18% |
| Dominican Republic | 8.50% |
| Belize | 8.22% |
| Mauritius | 7.41% |
| Paraguay | 7.21% |
| Azerbaijan | 6.58% |
| Ecuador | 6.43% |
| Venezuela | 6.41% |
| Maldives | 6.08% |
| Bulgaria | 5.42% |
| Fiji | 5.24% |
| Romania | 5.17% |
| Turkmenistan | 5.08% |
| Russia | 5.01% |
| Kazakhstan | 4.90% |
| Peru | 4.83% |
| China | 4.82% |
| Belarus | 4.74% |
| Malaysia | 4.61% |
| Mexico | 4.38% |
| Tonga | 3.97% |
| Guatemala | 3.57% |
| Cuba | 2.76% |
| Thailand | 1.42% |
| Venezuela Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | Unemployment Rate (%) | Annual Change |
| 2021 | 6.41% | -0.21% |
| 2020 | 6.63% | 1.53% |
| 2019 | 5.10% | 0.07% |
| 2018 | 5.02% | -0.03% |
| 2017 | 5.05% | -0.27% |
| 2016 | 5.32% | -0.76% |
| 2015 | 6.08% | -0.78% |
| 2014 | 6.86% | -0.68% |
| 2013 | 7.54% | 0.94% |
| 2012 | 6.60% | -0.30% |
| 2011 | 6.90% | -0.21% |
| 2010 | 7.11% | 1.01% |
| 2009 | 6.10% | -0.15% |
| 2008 | 6.25% | -1.03% |
| 2007 | 7.28% | -1.33% |
| 2006 | 8.61% | -2.05% |
| 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% |
