Venezuela Youth Unemployment Rate 1991-2023
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
- Venezuela youth unemployment rate for 2022 was 11.39%, a 2.06% decline from 2021.
- Venezuela youth unemployment rate for 2021 was 13.45%, a 0.36% decline from 2020.
- Venezuela youth unemployment rate for 2020 was 13.80%, a 1.09% increase from 2019.
- Venezuela youth unemployment rate for 2019 was 12.71%, a 0.27% increase from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | % of Total Labor Force Ages 15-24 |
| South Africa | 51.52% |
| Libya | 51.47% |
| St. Lucia | 40.02% |
| Namibia | 39.78% |
| Jordan | 39.42% |
| St. Vincent and the Grenadines | 38.18% |
| Botswana | 37.85% |
| Gabon | 36.89% |
| North Macedonia | 34.91% |
| Iraq | 34.59% |
| Bosnia | 33.47% |
| Costa Rica | 31.89% |
| Algeria | 29.03% |
| Montenegro | 28.26% |
| Albania | 27.79% |
| Suriname | 26.18% |
| Iran | 26.00% |
| Lebanon | 25.50% |
| Guyana | 25.40% |
| Serbia | 24.85% |
| Armenia | 24.57% |
| Mauritius | 22.86% |
| Romania | 21.98% |
| Belize | 21.81% |
| Colombia | 21.61% |
| Brazil | 21.36% |
| Samoa | 20.81% |
| Turkey | 18.98% |
| Equatorial Guinea | 16.51% |
| Dominican Republic | 16.17% |
| Paraguay | 15.15% |
| Maldives | 15.13% |
| Fiji | 14.90% |
| Jamaica | 14.58% |
| Azerbaijan | 13.40% |
| China | 13.17% |
| Bulgaria | 12.23% |
| Malaysia | 11.70% |
| Venezuela | 11.39% |
| Belarus | 11.22% |
| Turkmenistan | 10.59% |
| Ecuador | 8.65% |
| Tonga | 8.38% |
| Peru | 7.45% |
| Mexico | 6.36% |
| Guatemala | 5.05% |
| Thailand | 4.47% |
| Kazakhstan | 3.85% |
| Cuba | 3.47% |
| Venezuela Youth Unemployment Rate - Historical Data | ||
|---|---|---|
| Year | % of Total Labor Force Ages 15-24 | Annual Change |
| 2022 | 11.39% | -2.06% |
| 2021 | 13.45% | -0.36% |
| 2020 | 13.80% | 1.09% |
| 2019 | 12.71% | 0.27% |
| 2018 | 12.45% | 0.11% |
| 2017 | 12.34% | 0.66% |
| 2016 | 11.67% | -1.56% |
| 2015 | 13.24% | -1.59% |
| 2014 | 14.82% | -1.40% |
| 2013 | 16.22% | 2.14% |
| 2012 | 14.08% | 0.04% |
| 2011 | 14.04% | -0.14% |
| 2010 | 14.18% | 2.04% |
| 2009 | 12.14% | -0.23% |
| 2008 | 12.37% | -1.22% |
| 2007 | 13.59% | -1.79% |
| 2006 | 15.38% | -2.88% |
| 2005 | 18.26% | -7.56% |
| 2004 | 25.82% | -2.32% |
| 2003 | 28.14% | 1.08% |
| 2002 | 27.07% | 4.85% |
| 2001 | 22.21% | -1.66% |
| 2000 | 23.87% | -0.61% |
| 1999 | 24.48% | 5.53% |
| 1998 | 18.95% | -0.19% |
| 1997 | 19.14% | -0.90% |
| 1996 | 20.03% | 2.51% |
| 1995 | 17.53% | 2.99% |
| 1994 | 14.53% | 3.29% |
| 1993 | 11.24% | -1.95% |
| 1992 | 13.20% | -3.10% |
| 1991 | 16.29% | -3.10% |
