Unemployment rate,Percent in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Unemployment rate,Percent was 5.5% in 2025. ▼ Falling
Unemployment rate,Percent in Latin America & Caribbean (excluding high income), 2014–2025
Source: World Bank.
Analysis
In 2025, unemployment rate,percent in Latin America & Caribbean (excluding high income) stood at 5.5%. That is the lowest value across all 12 years on record.
The figure is down 9.7% on the previous year and down 22.6% over ten years.
Over the whole period, unemployment rate,percent in Latin America & Caribbean (excluding high income) peaked at 11.1% in 2020 and was at its lowest, 5.5%, in 2025.
The long-run direction has been consistently falling across the 12 years of available data.
Unemployment rate,Percent in Latin America & Caribbean (excluding high income), year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 6.5% | — |
| 2015 | 7.1% | +8.4% |
| 2016 | 8.5% | +20.7% |
| 2017 | 9.0% | +5.9% |
| 2018 | 8.9% | -1.9% |
| 2019 | 8.9% | +0.6% |
| 2020 | 11.1% | +25.0% |
| 2021 | 10.2% | -8.1% |
| 2022 | 7.5% | -26.3% |
| 2023 | 6.5% | -13.4% |
| 2024 | 6.0% | -7.3% |
| 2025 | 5.5% | -9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.1% | 6.5% | 9.0% | 6 |
| 2020s | 7.8% | 5.5% | 11.1% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
More reference data data for Latin America & Caribbean (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 466.52 (2026)
- CPI Price, nominal 227.47 (2026)
- CPI Price, nominal, seas. adj. 223.29 (2026)
- School age population, one year before than official primary entry 5.10 million number (2019)
- School age population, one year before than official primary entry 4.89 million number (2019)
- School age population, one year before than official primary entry 9.99 million number (2019)
- School life expectancy, primary, both sexes 6.17 years (2019)
- School life expectancy, primary, male 6.21 years (2019)
- School life expectancy, primary, female 6.12 years (2019)
- Share of all students in secondary education enrolled in general 87.4% (2019)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is unemployment rate,percent in Latin America & Caribbean (excluding high income)?
- Unemployment rate,percent in Latin America & Caribbean (excluding high income) was 5.5% in 2025, according to the World Bank.
- What is the highest unemployment rate,percent recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 11.1% in 2020.
- What is the lowest unemployment rate,percent recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 5.5% in 2025.
- How does Latin America & Caribbean (excluding high income) rank for unemployment rate,percent?
- Latin America & Caribbean (excluding high income) ranks 6th out of 9 groups with data for 2025.
- Is unemployment rate,percent rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 22.6%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from the World Bank, published as part of Unemployment rate,Percent,,,. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).