Unemployment rate,Percent in Peru

Peru: Unemployment rate,Percent was 5.4% in 2026. ▼ Falling

Latest (2026)
5.4%
Change on year
down 8.8%
World rank
34th
of 71 countries
All-time high
14.2%
in 2020
All-time low
5.4%
in 2026
Years of data
25
2002–2026

Unemployment rate,Percent in Peru, 2002–2026

0510152002201420262002: 9.42003: 9.42004: 9.42005: 9.62006: 8.52007: 8.42008: 8.42009: 8.42010: 7.82011: 7.72012: 6.82013: 5.92014: 5.92015: 6.52016: 6.82017: 6.92018: 6.62019: 6.52020: 14.22021: 10.72022: 7.72023: 6.82024: 6.42025: 5.92026: 5.4

Source: World Bank.

Analysis

The most recent figure for unemployment rate,percent in Peru is 5.4%, measured in 2026. That is the lowest value across all 25 years on record.

That represents a change of down 8.8% on the previous year and down 20.0% over ten years.

Over the whole period, unemployment rate,percent in Peru peaked at 14.2% in 2020 and was at its lowest, 5.4%, in 2026.

Peru ranks 34th of 71 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Unemployment rate,Percent in Peru, year by year

Annual values for Unemployment rate,Percent,,, in Peru, 2002 to 2026.
Year Value Change
2002 9.4% —
2003 9.4% +0.5%
2004 9.4% +0.0%
2005 9.6% +1.2%
2006 8.5% -10.6%
2007 8.4% -1.8%
2008 8.4% -0.2%
2009 8.4% +0.2%
2010 7.8% -6.5%
2011 7.7% -2.0%
2012 6.8% -11.9%
2013 5.9% -12.2%
2014 5.9% -0.1%
2015 6.5% +9.4%
2016 6.8% +4.0%
2017 6.9% +2.2%
2018 6.6% -4.0%
2019 6.5% -1.2%
2020 14.2% +116.6%
2021 10.7% -24.4%
2022 7.7% -28.1%
2023 6.8% -11.7%
2024 6.4% -5.5%
2025 5.9% -7.8%
2026 5.4% -8.8%

Peru compared with similar countries

  • Peru's 5.4% is above the median for upper middle income countries, which is 5.2%, 1.0× the median. (19 countries reporting)
  • Peru's 5.4% is below the median for Latin America & Caribbean, which is 6.4%, 84% of the median. (10 countries reporting)

Biggest year-on-year movements

Years where Unemployment rate,Percent in Peru changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +116.6% 6.5% 14.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.9% 8.4% 9.6% 8
2010s 6.8% 5.9% 7.8% 10
2020s 8.2% 5.4% 14.2% 7

Countries ranked near Peru

  1. 31 India 6.0% compare
  2. 32 Brazil 5.9% compare
  3. 33 Poland 5.9% compare
  4. 35 New Zealand 5.3% compare
  5. 36 Bulgaria 5.2% compare
  6. 37 Philippines 5.2% compare

See the full ranking of 80 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is unemployment rate,percent in Peru?
Unemployment rate,percent in Peru was 5.4% in 2026, according to the World Bank.
What is the highest unemployment rate,percent recorded in Peru?
The highest recorded value was 14.2% in 2020.
What is the lowest unemployment rate,percent recorded in Peru?
The lowest recorded value was 5.4% in 2026.
How does Peru rank for unemployment rate,percent?
Peru ranks 34th out of 71 countries with data for 2026.
Is unemployment rate,percent rising or falling in Peru?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this Peru 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