Nicaragua Unemployment Rate 1991-2024

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
  • Nicaragua unemployment rate for 2023 was 4.80%, a 0.18% decline from 2022.
  • Nicaragua unemployment rate for 2022 was 4.98%, a 1.09% decline from 2021.
  • Nicaragua unemployment rate for 2021 was 6.06%, a 0.1% decline from 2020.
  • Nicaragua unemployment rate for 2020 was 6.17%, a 0.7% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Unemployment Rate (%)
Eswatini 37.64%
Djibouti 26.26%
Republic of Congo 20.05%
Lesotho 16.46%
Tunisia 15.11%
Angola 14.62%
Sao Tome and Principe 14.21%
Cabo Verde 11.99%
Georgia 11.62%
Sudan 11.45%
Mauritania 10.51%
Morocco 9.11%
Egypt 7.31%
Sri Lanka 6.36%
Mongolia 6.13%
Honduras 6.06%
Zambia 5.91%
Kenya 5.68%
Bhutan 5.65%
Pakistan 5.50%
Vanuatu 5.10%
Bangladesh 5.06%
Nicaragua 4.80%
Uzbekistan 4.53%
India 4.17%
Kyrgyz Republic 4.04%
Cameroon 3.65%
Indonesia 3.42%
Bolivia 3.08%
Ghana 3.08%
Nigeria 3.07%
Myanmar 2.84%
El Salvador 2.76%
Papua New Guinea 2.65%
Philippines 2.23%
Moldova 1.62%
Vietnam 1.60%
Solomon Islands 1.55%
Timor-Leste 1.52%
Lao PDR 1.18%
Cambodia 0.24%
Nicaragua Unemployment Rate - Historical Data
Year Unemployment Rate (%) Annual Change
2023 4.80% -0.18%
2022 4.98% -1.09%
2021 6.06% -0.10%
2020 6.17% 0.70%
2019 5.47% 0.27%
2018 5.20% 1.90%
2017 3.30% -0.60%
2016 3.90% -0.80%
2015 4.70% 0.18%
2014 4.52% -0.76%
2013 5.28% 0.07%
2012 5.21% -1.41%
2011 6.62% -1.21%
2010 7.83% -0.33%
2009 8.16% 1.96%
2008 6.20% 1.31%
2007 4.89% -0.42%
2006 5.31% -0.06%
2005 5.37% -1.04%
2004 6.41% -1.19%
2003 7.60% 0.08%
2002 7.52% 0.30%
2001 7.22% 0.03%
2000 7.19% -0.01%
1999 7.20% -0.04%
1998 7.23% 0.10%
1997 7.13% -0.03%
1996 7.16% -0.33%
1995 7.49% -0.28%
1994 7.77% -0.19%
1993 7.96% 0.02%
1992 7.94% -0.11%
1991 8.05% -0.11%