Unemployment Rate in Nicaragua decreased to 4.80 percent in the first quarter of 2020 from 4.90 percent in the fourth quarter of 2019. source: Banco Central De Nicaragua
Unemployment Rate in Nicaragua averaged 6.99 percent from 1963 until 2020, reaching an all time high of 17.80 percent in the fourth quarter of 1993 and a record low of 1.60 percent in the fourth quarter of 1963. This page provides - Nicaragua Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Unemployment Rate - values, historical data and charts - was last updated on October of 2020.
Unemployment Rate in Nicaragua is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Nicaragua to stand at 7.10 in 12 months time. In the long-term, the Nicaragua Unemployment Rate is projected to trend around 6.90 percent in 2021 and 6.30 percent in 2022, according to our econometric models.