Unemployment Rate in Dominican Republic decreased to 7.60 percent in the second quarter of 2021 from 8 percent in the first quarter of 2021. source: Central Bank of Dominican Republic

Unemployment Rate in Dominican Republic averaged 11.11 percent from 2000 until 2021, reaching an all time high of 19.70 percent in the third quarter of 2004 and a record low of 3.20 percent in the second quarter of 2020. This page provides - Dominican Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Unemployment Rate - values, historical data and charts - was last updated on August of 2022.

Unemployment Rate in Dominican Republic is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Unemployment Rate is projected to trend around 6.00 percent in 2022 and 5.70 percent in 2023, according to our econometric models.

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Dominican Republic Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 7.60 8.00 percent Jun 2021
Employment Rate 59.40 59.60 percent Mar 2022
Labor Force Participation Rate 62.80 61.70 percent Jun 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.60 8.00 19.70 3.20 2000 - 2021 percent Quarterly