{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"ilo-national-vs-modeled-data","source":"Labour Force Statistics, via World Bank (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/ilo-national-vs-modeled-data","title":"Unemployment rates: modeled vs. national estimates","unit":"%"},"observations":[{"date":"1985-01-01","value":3.2},{"date":"1986-01-01","value":4.7},{"date":"1987-01-01","value":5.8},{"date":"1988-01-01","value":6.0},{"date":"1989-01-01","value":8.66},{"date":"1990-01-01","value":10.001},{"date":"1996-01-01","value":10.375},{"date":"1998-01-01","value":7.511},{"date":"1999-01-01","value":4.751},{"date":"2001-01-01","value":4.12},{"date":"2003-01-01","value":7.595},{"date":"2004-01-01","value":6.409},{"date":"2005-01-01","value":5.372},{"date":"2006-01-01","value":5.313},{"date":"2007-01-01","value":4.891},{"date":"2008-01-01","value":6.2},{"date":"2009-01-01","value":8.157},{"date":"2010-01-01","value":7.828},{"date":"2012-01-01","value":5.208},{"date":"2013-01-01","value":5.276},{"date":"2014-01-01","value":4.52},{"date":"2015-01-01","value":4.7},{"date":"2016-01-01","value":3.9},{"date":"2017-01-01","value":3.3},{"date":"2018-01-01","value":5.2}],"summary":{"latest_period":"2018-01-01","latest_value":5.2,"max":10.375,"mean":5.95948,"min":3.2,"of":185,"rank":96,"trend":"falling"}}