Unemployment rates: modeled vs. national estimates in Peru

Peru: Unemployment rates: modeled vs. national estimates was 4.3% in 2025. ▼ Falling

Latest (2025)
4.3%
Change on year
down 11.1%
World rank
117th
of 185 countries
All-time high
11.8%
in 1985
All-time low
3.2%
in 2014
Years of data
56
1969–2025

Unemployment rates: modeled vs. national estimates in Peru, 1969–2025

4681012196919972025

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 115 Cyprus 4.4% compare
  2. 115 Hungary 4.4% compare
  3. 118 Sri Lanka 4.3% compare
  4. 119 United States 4.3% compare
  5. 120 Cayman Islands 4.2% compare

See the full ranking of 185 places →

More reference data data for Peru

All data for Peru →

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.

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About this data

Indicator
Unemployment rates: modeled vs. national estimates
Unit
%
Source
Labour Force Statistics, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
185 places, 5,169 data points, 1960–2025
Last refreshed

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.