* indicates monthly or quarterly data series

Unemployment rate forecast, 2023:

The average for 2023 based on 10 countries was 7.65 percent. The highest value was in Colombia: 10.8 percent and the lowest value was in Ecuador: 3.8 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

Measure: percent; Source: International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Unemployment rate forecast, 2023 Global rank Available data
Colombia 10.8 1 -
Suriname 10.6 2 -
Chile 8.83 3 -
Brazil 8.33 4 -
Uruguay 8.13 5 -
Peru 7.55 6 -
Argentina 7.35 7 -
Paraguay 6.19 8 -
Bolivia 4.9 9 -
Ecuador 3.8 10 -



Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.
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