Unemployment rates: modeled vs. national estimates in Peru
Peru: Unemployment rates: modeled vs. national estimates was 4.3% in 2025. ▼ Falling
Unemployment rates: modeled vs. national estimates in Peru, 1969–2025
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for unemployment rates: modeled vs. national estimates in Peru is 4.3%, measured in 2025.
The figure is down 11.1% on the previous year and up 32.0% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Peru peaked at 11.8% in 1985 and was at its lowest, 3.2%, in 2014.
That places Peru 117th out of 185 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Unemployment rates: modeled vs. national estimates in Peru, year by year
| Year | % | Change |
|---|---|---|
| 1969 | 5.9% | — |
| 1970 | 4.8% | -18.1% |
| 1971 | 4.6% | -5.5% |
| 1972 | 4.4% | -3.7% |
| 1973 | 4.2% | -3.9% |
| 1974 | 4.0% | -5.3% |
| 1975 | 4.9% | +22.8% |
| 1976 | 5.2% | +5.8% |
| 1977 | 5.8% | +11.9% |
| 1978 | 6.5% | +11.8% |
| 1979 | 7.1% | +9.5% |
| 1980 | 7.0% | -2.2% |
| 1981 | 6.8% | -2.8% |
| 1982 | 7.0% | +3.0% |
| 1983 | 9.2% | +31.9% |
| 1984 | 10.5% | +14.1% |
| 1985 | 11.8% | +12.3% |
| 1986 | 5.3% | -54.9% |
| 1987 | 4.8% | -10.1% |
| 1989 | 7.9% | +65.7% |
| 1990 | 8.6% | +8.5% |
| 1991 | 5.8% | -32.6% |
| 1992 | 9.5% | +63.7% |
| 1993 | 9.9% | +4.0% |
| 1994 | 8.9% | -9.5% |
| 1995 | 7.1% | -20.8% |
| 1996 | 7.1% | -0.0% |
| 1997 | 4.8% | -31.7% |
| 1998 | 5.0% | +3.0% |
| 1999 | 4.4% | -12.2% |
| 2000 | 4.1% | -6.8% |
| 2001 | 4.8% | +19.1% |
| 2002 | 4.8% | -0.2% |
| 2003 | 4.2% | -14.2% |
| 2004 | 4.7% | +13.4% |
| 2005 | 4.9% | +3.4% |
| 2006 | 4.2% | -14.3% |
| 2007 | 4.1% | -2.3% |
| 2008 | 4.0% | -1.3% |
| 2009 | 4.0% | -1.5% |
| 2010 | 3.6% | -9.3% |
| 2011 | 3.5% | -3.3% |
| 2012 | 3.2% | -6.9% |
| 2013 | 3.6% | +10.4% |
| 2014 | 3.2% | -10.3% |
| 2015 | 3.3% | +2.0% |
| 2016 | 3.7% | +14.3% |
| 2017 | 3.7% | -1.3% |
| 2018 | 3.5% | -5.4% |
| 2019 | 3.4% | -3.2% |
| 2020 | 7.2% | +112.5% |
| 2021 | 5.1% | -29.0% |
| 2022 | 4.0% | -21.5% |
| 2023 | 4.6% | +14.1% |
| 2024 | 4.9% | +6.3% |
| 2025 | 4.3% | -11.1% |
Peru compared with similar countries
- Peru's 4.3% is below the median for upper middle income countries, which is 5.8%, 74% of the median. (52 countries reporting)
- Peru's 4.3% is below the median for Latin America & Caribbean, which is 6.3%, 68% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Unemployment rates: modeled vs. national estimates in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +112.5% | 3.4% | 7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.9% | 5.9% | 5.9% | 1 |
| 1970s | 5.2% | 4.0% | 7.1% | 10 |
| 1980s | 7.8% | 4.8% | 11.8% | 9 |
| 1990s | 7.1% | 4.4% | 9.9% | 10 |
| 2000s | 4.4% | 4.0% | 4.9% | 10 |
| 2010s | 3.5% | 3.2% | 3.7% | 10 |
| 2020s | 5.0% | 4.0% | 7.2% | 6 |
Countries ranked near Peru
- 115 Cyprus 4.4% compare
- 115 Hungary 4.4% compare
- 118 Sri Lanka 4.3% compare
- 119 United States 4.3% compare
- 120 Cayman Islands 4.2% compare
More reference data data for Peru
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.15 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3808 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.94 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.98 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 35.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.07 (2050)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Peru?
- Unemployment rates: modeled vs. national estimates in Peru was 4.3% in 2025, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest unemployment rates: modeled vs. national estimates recorded in Peru?
- The highest recorded value was 11.8% in 1985.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Peru?
- The lowest recorded value was 3.2% in 2014.
- How does Peru rank for unemployment rates: modeled vs. national estimates?
- Peru ranks 117th out of 185 countries with data for 2025.
- Is unemployment rates: modeled vs. national estimates rising or falling in Peru?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is falling.
- Where does this Peru data come from?
- The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.