Venezuela Youth Unemployment Rate 1991-2024

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 2023 was 10.77%, a 0.33% decline from 2022.
  • Venezuela youth unemployment rate for 2022 was 11.10%, a 2.1% decline from 2021.
  • Venezuela youth unemployment rate for 2021 was 13.21%, a 0.61% decline from 2020.
  • Venezuela youth unemployment rate for 2020 was 13.82%, a 1.72% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % of Total Labor Force Ages 15-24
Libya 49.44%
South Africa 49.14%
Botswana 45.41%
St. Vincent and the Grenadines 42.31%
Jordan 40.80%
Namibia 38.03%
Gabon 36.53%
Iraq 32.23%
Algeria 30.78%
North Macedonia 28.57%
Albania 28.25%
St. Lucia 28.15%
Montenegro 27.93%
Bosnia 26.52%
Guyana 25.87%
Suriname 25.29%
Serbia 24.31%
Costa Rica 24.10%
Lebanon 23.74%
Iran 22.79%
Romania 21.30%
Mauritius 20.87%
Samoa 19.76%
Colombia 19.27%
Armenia 18.96%
Brazil 17.90%
Turkey 17.61%
Belize 17.41%
Equatorial Guinea 16.35%
China 15.72%
Fiji 15.24%
Maldives 14.93%
Jamaica 13.84%
Azerbaijan 13.55%
Paraguay 13.03%
Russia 12.70%
Malaysia 12.49%
Bulgaria 11.99%
Dominican Republic 11.75%
Venezuela 10.77%
Belarus 10.23%
Turkmenistan 9.06%
Peru 8.80%
Ecuador 7.21%
Tonga 6.70%
Mexico 6.11%
Guatemala 5.87%
Thailand 5.31%
Kazakhstan 3.82%
Cuba 2.99%
Venezuela Youth Unemployment Rate - Historical Data
Year % of Total Labor Force Ages 15-24 Annual Change
2023 10.77% -0.33%
2022 11.10% -2.10%
2021 13.21% -0.61%
2020 13.82% 1.72%
2019 12.10% -0.14%
2018 12.24% -0.10%
2017 12.34% 0.67%
2016 11.67% -1.66%
2015 13.33% -1.44%
2014 14.76% -1.46%
2013 16.22% 2.13%
2012 14.09% 0.04%
2011 14.05% -0.13%
2010 14.18% 2.05%
2009 12.13% -0.23%
2008 12.36% -1.22%
2007 13.58% -1.79%
2006 15.37% -2.89%
2005 18.26% -7.10%
2004 25.36% -2.73%
2003 28.09% 0.82%
2002 27.27% 5.42%
2001 21.85% -1.46%
2000 23.31% -0.93%
1999 24.24% 5.61%
1998 18.63% -0.03%
1997 18.66% -0.83%
1996 19.49% 2.58%
1995 16.91% 2.79%
1994 14.12% 3.17%
1993 10.94% -1.84%
1992 12.78% -2.69%
1991 15.47% -2.69%