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Venezuela Unemployment
5.3%as of 2024
Venezuela's unemployment stands at 5.3% as of 2024. The indicator has increased from null% in 2014 to 5.3% in 2024. Source: ILO / World Bank WDI.
Historical trend (2014–2024)
Unemployment — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 6.1% | — |
| 2016 | 5.3% | -0.8pp |
| 2017 | 5% | -0.3pp |
| 2018 | 5.5% | +0.5pp |
| 2019 | 5.9% | +0.4pp |
| 2020 | 7.5% | +1.6pp |
| 2021 | 7% | -0.5pp |
| 2022 | 5.6% | -1.4pp |
| 2023 | 5.4% | -0.2pp |
| 2024 | 5.3% | -0.1pp |
Source: ILO / World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.