Unemployment rate,Percent in Mexico

Mexico: Unemployment rate,Percent was 2.7% in 2026. ▼ Falling

Latest (2026)
2.7%
Change on year
up 2.9%
World rank
65th
of 71 countries
All-time high
5.4%
in 2009
All-time low
2.6%
in 2025
Years of data
22
2005–2026

Unemployment rate,Percent in Mexico, 2005–2026

02462005201520262005: 3.52006: 3.62007: 3.72008: 3.92009: 5.42010: 5.32011: 5.22012: 4.92013: 4.92014: 4.82015: 4.32016: 3.92017: 3.42018: 3.32019: 3.52020: 4.42021: 4.12022: 3.32023: 2.82024: 2.72025: 2.62026: 2.7

Source: World Bank.

Analysis

The most recent figure for unemployment rate,percent in Mexico is 2.7%, measured in 2026.

The figure is up 2.9% on the previous year and down 29.7% over ten years.

Over the whole period, unemployment rate,percent in Mexico peaked at 5.4% in 2009 and was at its lowest, 2.6%, in 2025.

That places Mexico 65th out of 71 countries with data for 2026, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Unemployment rate,Percent in Mexico, year by year

Annual values for Unemployment rate,Percent,,, in Mexico, 2005 to 2026.
Year Value Change
2005 3.5% —
2006 3.6% +1.1%
2007 3.7% +2.5%
2008 3.9% +6.8%
2009 5.4% +38.1%
2010 5.3% -1.5%
2011 5.2% -2.2%
2012 4.9% -5.0%
2013 4.9% +0.2%
2014 4.8% -2.1%
2015 4.3% -10.1%
2016 3.9% -10.9%
2017 3.4% -11.7%
2018 3.3% -2.9%
2019 3.5% +5.0%
2020 4.4% +26.3%
2021 4.1% -6.2%
2022 3.3% -20.9%
2023 2.8% -14.5%
2024 2.7% -4.5%
2025 2.6% -0.9%
2026 2.7% +2.9%

Mexico compared with similar countries

  • Mexico's 2.7% is below the median for upper middle income countries, which is 5.2%, 52% of the median. (19 countries reporting)
  • Mexico's 2.7% is below the median for Latin America & Caribbean, which is 6.4%, 42% of the median. (10 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.0% 3.5% 5.4% 5
2010s 4.4% 3.3% 5.3% 10
2020s 3.2% 2.6% 4.4% 7

Countries ranked near Mexico

  1. 62 Denmark 2.9% compare
  2. 63 Czechia 2.9% compare
  3. 64 South Korea 2.8% compare
  4. 66 Japan 2.5% compare
  5. 67 Russia 2.2% compare
  6. 68 Vietnam 2.2% compare

See the full ranking of 80 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is unemployment rate,percent in Mexico?
Unemployment rate,percent in Mexico was 2.7% in 2026, according to the World Bank.
What is the highest unemployment rate,percent recorded in Mexico?
The highest recorded value was 5.4% in 2009.
What is the lowest unemployment rate,percent recorded in Mexico?
The lowest recorded value was 2.6% in 2025.
How does Mexico rank for unemployment rate,percent?
Mexico ranks 65th out of 71 countries with data for 2026.
Is unemployment rate,percent rising or falling in Mexico?
Over the last ten years it is down 29.7%. The long-run trend across the full record is falling.
Where does this Mexico 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.

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About this data

Indicator
Unemployment rate,Percent,,,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 2,236 data points, 1990–2026
Last refreshed