Nicaragua: Youth unemployment

* indicates monthly or quarterly data series
 Nicaragua

Youth unemployment, ages 15-24

 Latest value 9.48
 Year 2023
 Measure percent
 Data availability 1991 - 2023
 Average 10.31
 Min - Max 6.22 - 12.66
 Source The World Bank
The latest value from 2023 is 9.48 percent, a decline from 9.65 percent in 2022. In comparison, the world average is 16.08 percent, based on data from 178 countries. Historically, the average for Nicaragua from 1991 to 2023 is 10.31 percent. The minimum value, 6.22 percent, was reached in 2017 while the maximum of 12.66 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Nicaragua - Youth unemployment - Recent values chart

Historical series
Nicaragua - Youth unemployment - historical chart - 1991-2023




We present the rate of youth unemployment for Nicaragua and other countries. Youth unemployment is the percent of 15-24 year olds who are part of the labor force but are unemployed. Recall that the labor force includes the employed and the unemployed people.
Definition: Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.

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 Related indicators Latest Reference Measure
 Labor force 3.26 2023 million people
 Unemployment rate 4.80 2023 percent
 Female unemployment 4.93 2023 percent
 Male unemployment 4.71 2023 percent
 Youth unemployment 9.48 2023 percent
 Labor force participation 65.57 2023 percent
 Labor force: percent female 38.71 2023 percent
 Female labor force participation 49.44 2023 percent
 Male labor force participation 82.58 2023 percent
 Self-employment 42.93 2022 percent
 Informal employment 81.80 2012 percent
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