Unemployment rate (IMF) — all countries

Unemployment rate (IMF) — Nicaragua

Unemployment rate (IMF) in Nicaragua in 2031 — 3%. Ranked 17 in the world out of 102. Since 1980, the indicator has fallen by 10.4 pp.

2031 3% +0.3 pp vs 2030
World rank 17of 102
Period maximum 17.1%1994
Period minimum 2.7%2025

Trend over time

1980–2031 · % of labor force

Unemployment rate (IMF) — Nicaragua, 1980–20310510152019801986199219982004201020162022202820311980: 13.4%1981: 11.8%1982: 12.4%1983: 11%1984: 12%1985: 12.5%1986: 13.1%1987: 14%1988: 14.2%1989: 15%1990: 15.5%1991: 14.9%1992: 14.4%1993: 15%1994: 17.1%1995: 16.9%1996: 16%1997: 14.3%1998: 13.2%1999: 10.7%2000: 9.8%2001: 6.4%2002: 12.2%2003: 7%2004: 6.5%2005: 5.6%2006: 5.2%2007: 5.9%2008: 6.1%2009: 8.2%2010: 7.8%2011: 5.9%2012: 5.9%2013: 5.7%2014: 6.6%2015: 4.7%2016: 3.8%2017: 3.3%2018: 5.3%2019: 4.9%2020: 4.8%2021: 3.7%2022: 3.5%2023: 3.4%2024: 3.1%2025: 2.7%2026: 2.7%2027: 2.7%2028: 2.7%2029: 2.7%2030: 2.7%2031: 3%
Change over the period: −10.4 pp Annual average: -0.2 pp
Unemployment rate (IMF) — Nicaragua, by year Nicaragua All countries CSV XLSX
Year % Change, pp
2031 3 +0.3 pp
2030 2.7 +0 pp
2029 2.7 +0 pp
2028 2.7 +0 pp
2027 2.7 +0 pp
2026 2.7 +0 pp
2025 2.7 −0.4 pp
2024 3.1 −0.3 pp
2023 3.4 −0.1 pp
2022 3.5 −0.2 pp
2021 3.7 −1.1 pp
2020 4.8 −0.1 pp
2019 4.9 −0.4 pp
2018 5.3 +2 pp
2017 3.3 −0.5 pp
2016 3.8 −0.9 pp
2015 4.7 −1.9 pp
2014 6.6 +0.9 pp
2013 5.7 −0.2 pp
2012 5.9 +0 pp
2011 5.9 −1.9 pp
2010 7.8 −0.4 pp
2009 8.2 +2.1 pp
2008 6.1 +0.2 pp
2007 5.9 +0.7 pp
2006 5.2 −0.4 pp
2005 5.6 −0.9 pp
2004 6.5 −0.5 pp
2003 7 −5.2 pp
2002 12.2 +5.8 pp
2001 6.4 −3.4 pp
2000 9.8 −0.9 pp
1999 10.7 −2.5 pp
1998 13.2 −1.1 pp
1997 14.3 −1.7 pp
1996 16 −0.9 pp
1995 16.9 −0.2 pp
1994 17.1 +2.1 pp
1993 15 +0.6 pp
1992 14.4 −0.5 pp
1991 14.9 −0.6 pp
1990 15.5 +0.5 pp
1989 15 +0.8 pp
1988 14.2 +0.2 pp
1987 14 +0.9 pp
1986 13.1 +0.6 pp
1985 12.5 +0.5 pp
1984 12 +1 pp
1983 11 −1.4 pp
1982 12.4 +0.6 pp
1981 11.8 −1.6 pp
1980 13.4

Central America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The unemployment rate as a percent of the labor force, from the IMF World Economic Outlook database. The series is shorter than the ILO one: the IMF publishes it only for countries with comparable labor market statistics, but in exchange it includes a forecast. For full country coverage there is the unemployment rate based on ILO data.

Source: World Economic Outlook (IMF), license IMF open data.