Venezuela Unemployment Rate 1991-2022

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Venezuela unemployment rate for 2021 was 6.41%, a 0.21% decline from 2020.
  • Venezuela unemployment rate for 2020 was 6.63%, a 1.53% increase from 2019.
  • Venezuela unemployment rate for 2019 was 5.10%, a 0.07% increase from 2018.
  • Venezuela unemployment rate for 2018 was 5.02%, a 0.03% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
South Africa 33.56%
Botswana 24.72%
Gabon 22.27%
Namibia 21.68%
St. Vincent and the Grenadines 21.62%
Armenia 20.90%
Libya 19.58%
Jordan 19.25%
Montenegro 18.49%
Costa Rica 17.95%
St. Lucia 16.91%
Guyana 16.43%
North Macedonia 16.20%
Bosnia 15.22%
Lebanon 14.49%
Brazil 14.40%
Colombia 14.34%
Iraq 14.19%
Turkey 13.39%
Algeria 12.70%
Albania 11.82%
Serbia 11.81%
Iran 11.46%
Suriname 10.07%
Samoa 9.84%
Equatorial Guinea 9.25%
Jamaica 9.18%
Dominican Republic 8.50%
Belize 8.22%
Mauritius 7.41%
Paraguay 7.21%
Azerbaijan 6.58%
Ecuador 6.43%
Venezuela 6.41%
Maldives 6.08%
Bulgaria 5.42%
Fiji 5.24%
Romania 5.17%
Turkmenistan 5.08%
Russia 5.01%
Kazakhstan 4.90%
Peru 4.83%
China 4.82%
Belarus 4.74%
Malaysia 4.61%
Mexico 4.38%
Tonga 3.97%
Guatemala 3.57%
Cuba 2.76%
Thailand 1.42%
Venezuela Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2021 6.41% -0.21%
2020 6.63% 1.53%
2019 5.10% 0.07%
2018 5.02% -0.03%
2017 5.05% -0.27%
2016 5.32% -0.76%
2015 6.08% -0.78%
2014 6.86% -0.68%
2013 7.54% 0.94%
2012 6.60% -0.30%
2011 6.90% -0.21%
2010 7.11% 1.01%
2009 6.10% -0.15%
2008 6.25% -1.03%
2007 7.28% -1.33%
2006 8.61% -2.05%
2005 10.66% -4.41%
2004 15.07% -1.71%
2003 16.78% 0.61%
2002 16.17% 3.13%
2001 13.04% -0.95%
2000 13.99% -0.54%
1999 14.53% 3.38%
1998 11.15% -0.01%
1997 11.16% -0.61%
1996 11.77% 1.53%
1995 10.24% 1.68%
1994 8.56% 1.96%
1993 6.60% -1.09%
1992 7.69% -1.76%
1991 9.45% -1.76%