Unemployment Rate in Venezuela averaged 10.62 percent from 1999 until 2016, reaching an all time high of 20.70 percent in February of 2003 and a record low of 5.50 percent in December of 2014. This page provides - Venezuela Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Unemployment Rate - values, historical data and charts - was last updated on May of 2021.
Unemployment Rate in Venezuela is expected to be 10.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Venezuela to stand at 10.50 in 12 months time. In the long-term, the Venezuela Unemployment Rate is projected to trend around 10.00 percent in 2022 and 9.70 percent in 2023, according to our econometric models.