Unemployment in Nicaragua

4.75 % in 2023

Though Nicaragua unemployment fluctuated substantially in recent years, it tended to decrease through 2004 - 2023 period ending at 4.75 % in 2023.

The description is composed by our digital data assistant.
Unemployment in Nicaragua
Rate 7.16 Percent of total labor force in 2023 IMF
Unemployment in Central America and the Caribbean
Haiti 14.86 % in 2023 WB
Costa Rica 8.52 % in 2023 WB
Belize 8.22 % in 2023 WB
Barbados 7.96 % in 2023 WB
Panama 7.65 % in 2023 WB
Honduras 6.78 % in 2023 WB
Puerto Rico 6.21 % in 2023 WB
Dominican Republic 5.61 % in 2023 WB
Jamaica 5.38 % in 2023 WB
Labor in Nicaragua
Average Working Hours 14.13 Hours Per Week in 2012 WB
Employment 27.7 % in 2022 WB
Employment Rate 62.46 % in 2023 WB
Labor Force 38.71 % in 2023 WB
Labor Force Participation Rate 29.09 % in 2023 WB
Unemployment in Nicaragua
Granada 23.7 % in 2018 OECD