Unemployment Rate in Dominican Republic decreased to 5.60 percent in the third quarter of 2018 from 5.80 percent in the second quarter of 2018. Unemployment Rate in Dominican Republic averaged 12.25 percent from 2000 until 2018, reaching an all time high of 19.70 percent in the third quarter of 2004 and a record low of 5.10 percent in the fourth quarter of 2017.

Unemployment Rate in Dominican Republic is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Dominican Republic to stand at 5.20 in 12 months time. In the long-term, the Dominican Republic Unemployment Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Dominican Republic Unemployment Rate
Forecast Data Chart
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Dominican Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.80 19.70 5.10 percent [+]
Population 10.17 10.08 10.17 3.31 Million [+]
Labor Force Participation Rate 63.60 63.70 66.40 61.40 percent [+]
Employment Rate 60.00 60.00 60.00 45.00 percent [+]

Dominican Republic Unemployment Rate

In Dominican Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Dominican Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.80 19.70 5.10 2000 - 2018 percent Quarterly

Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.10 Mar/19
Brazil 12.50 Apr/19
Italy 10.20 Apr/19
Argentina 10.10 Mar/19
France 8.70 Mar/19
Euro Area 7.60 Apr/19
Saudi Arabia 6.00 Dec/18
Canada 5.40 May/19
Australia 5.20 May/19
Indonesia 5.01 Mar/19
Russia 4.70 Apr/19
South Korea 4.00 May/19
United Kingdom 3.80 Apr/19
China 3.67 Mar/19
United States 3.60 May/19
India 3.53 Dec/18
Mexico 3.50 Apr/19
Netherlands 3.30 Apr/19
Germany 3.20 Apr/19
Japan 2.40 Apr/19
Switzerland 2.30 May/19
Singapore 2.20 Mar/19