Unemployment Rate in Nicaragua increased to 4.90 percent in the first quarter of 2021 from 4.80 percent in the fourth quarter of 2020. source: Banco Central De Nicaragua

Unemployment Rate in Nicaragua averaged 6.86 percent from 1963 until 2021, 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 November of 2021.

Unemployment Rate in Nicaragua is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Unemployment Rate is projected to trend around 4.60 percent in 2022, according to our econometric models.

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Nicaragua Unemployment Rate


Related Last Previous Unit Reference
Unemployment Rate 4.90 4.80 percent Mar/21
Wages 11.00 11.00 NIO Thousands/Month Aug/21
Nicaragua Unemployment Rate
In Nicaragua, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.