Unemployment rate,Percent in Venezuela

Venezuela: Unemployment rate,Percent was 6.9% in 2018. β–Ό Falling

Latest (2018)
6.9%
Change on year
down 3.8%
World rank
21st
of 71 countries
All-time high
18.1%
in 2003
All-time low
6.8%
in 2015
Years of data
20
1999–2018

Unemployment rate,Percent in Venezuela, 1999–2018

051015201999200820181999: 14.52000: 142001: 13.42002: 16.22003: 18.12004: 152005: 12.22006: 9.92007: 8.52008: 7.32009: 7.92010: 8.52011: 8.22012: 7.82013: 7.52014: 6.92015: 6.82016: 7.32017: 7.22018: 6.9

Source: World Bank.

Analysis

The most recent figure for unemployment rate,percent in Venezuela is 6.9%, measured in 2018.

That represents a change of down 3.8% on the previous year and down 5.9% over ten years.

Over the whole period, unemployment rate,percent in Venezuela peaked at 18.1% in 2003 and was at its lowest, 6.8%, in 2015.

Venezuela ranks 21st of 71 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.5% 14.5% 14.5% 1
2000s 12.2% 7.3% 18.1% 10
2010s 7.5% 6.8% 8.5% 9

Countries ranked near Venezuela

  1. 18 Austria 7.4% compare
  2. 19 Argentina 7.4% compare
  3. 20 Latvia 7.0% compare
  4. 22 Pakistan 6.9% compare
  5. 23 Canada 6.6% compare
  6. 24 Peru 6.3% compare

See the full ranking of 80 places β†’

More reference data data for Venezuela

All data for Venezuela β†’

Frequently asked questions

What is unemployment rate,percent in Venezuela?
Unemployment rate,percent in Venezuela was 6.9% in 2018, according to the World Bank.
What is the highest unemployment rate,percent recorded in Venezuela?
The highest recorded value was 18.1% in 2003.
What is the lowest unemployment rate,percent recorded in Venezuela?
The lowest recorded value was 6.8% in 2015.
How does Venezuela rank for unemployment rate,percent?
Venezuela ranks 21st out of 71 countries with data for 2018.
Is unemployment rate,percent rising or falling in Venezuela?
Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
Where does this Venezuela 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 Β· JSON β€” 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Unemployment rate,Percent,,,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
80 places, 2,196 data points, 1990–2026
Last refreshed