{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela","slug":"venezuela-rb"},"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":"1975-01-01","value":7.013},{"date":"1976-01-01","value":6.343},{"date":"1977-01-01","value":5.107},{"date":"1978-01-01","value":4.981},{"date":"1979-01-01","value":5.814},{"date":"1980-01-01","value":5.893},{"date":"1981-01-01","value":6.999},{"date":"1982-01-01","value":8.055},{"date":"1983-01-01","value":11.486},{"date":"1984-01-01","value":12.856},{"date":"1985-01-01","value":13.158},{"date":"1986-01-01","value":10.928},{"date":"1987-01-01","value":9.1},{"date":"1988-01-01","value":7.276},{"date":"1989-01-01","value":9.742},{"date":"1990-01-01","value":13.963},{"date":"1994-01-01","value":8.56},{"date":"1995-01-01","value":10.236},{"date":"2001-01-01","value":8.83},{"date":"2002-01-01","value":16.171},{"date":"2003-01-01","value":16.779},{"date":"2005-01-01","value":10.663},{"date":"2006-01-01","value":8.606},{"date":"2007-01-01","value":7.279},{"date":"2008-01-01","value":6.245},{"date":"2009-01-01","value":6.097},{"date":"2010-01-01","value":7.112},{"date":"2011-01-01","value":6.902},{"date":"2012-01-01","value":6.601},{"date":"2016-01-01","value":5.319},{"date":"2017-01-01","value":5.045},{"date":"2020-01-01","value":7.526}],"summary":{"latest_period":"2020-01-01","latest_value":7.526,"max":16.779,"mean":8.64641,"min":4.981,"of":185,"rank":58,"trend":"falling"}}