Unemployment rates: modeled vs. national estimates in Uruguay

Uruguay: Unemployment rates: modeled vs. national estimates was 8.2% in 2024. ▬ Flat

Latest (2024)
8.2%
Change on year
down 1.7%
World rank
51st
of 185 countries
All-time high
16.7%
in 2003
All-time low
6.3%
in 2011
Years of data
48
1970–2024

Unemployment rates: modeled vs. national estimates in Uruguay, 1970–2024

051015197019972024

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 Uruguay is 8.2%, measured in 2024.

Compared with earlier readings it is down 1.7% on the previous year and up 25.4% over ten years.

Over the whole period, unemployment rates: modeled vs. national estimates in Uruguay peaked at 16.7% in 2003 and was at its lowest, 6.3%, in 2011.

That places Uruguay 51st out of 185 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.0% 7.5% 8.9% 5
1980s 9.3% 6.6% 13.5% 8
1990s 9.7% 8.3% 11.9% 10
2000s 12.2% 7.7% 16.7% 10
2010s 7.3% 6.3% 8.8% 10
2020s 8.8% 7.9% 10.4% 5

Countries ranked near Uruguay

  1. 48 Panama 8.3% compare
  2. 49 Turks and Caicos Islands 8.3% compare
  3. 50 Armenia 8.3% compare
  4. 52 Georgia 8.0% compare
  5. 53 Suriname 7.9% compare
  6. 54 France 7.7% compare

See the full ranking of 185 places →

More reference data data for Uruguay

All data for Uruguay →

Frequently asked questions

What is unemployment rates: modeled vs. national estimates in Uruguay?
Unemployment rates: modeled vs. national estimates in Uruguay was 8.2% in 2024, 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 Uruguay?
The highest recorded value was 16.7% in 2003.
What is the lowest unemployment rates: modeled vs. national estimates recorded in Uruguay?
The lowest recorded value was 6.3% in 2011.
How does Uruguay rank for unemployment rates: modeled vs. national estimates?
Uruguay ranks 51st out of 185 countries with data for 2024.
Is unemployment rates: modeled vs. national estimates rising or falling in Uruguay?
Over the last ten years it is up 25.4%. The long-run trend across the full record is flat.
Where does this Uruguay 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.