Unemployment Rate in Nicaragua increased to 3.10 percent in September from 2.20 percent in August of 2025. This dataset provides - Nicaragua Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the unemployment rate in Nicaragua was 4.57 percent. Between 1991 and 2024, the figure dropped by 3.38 percentage points, though the decline followed an uneven course rather than a steady trajectory.

In 2024, the unemployment rate in Nicaragua stood at 3.36 percent. Between 1980 and 2024, the figure dropped by 10.09 percentage points, though the decline followed an uneven course rather than a steady trajectory. The rate will remain unchanged between 2024 and 2030, showing complete stability throughout the period.This indicator describes the unemployment rate, which can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The latter defines it as the number of unemployed people divided by the total labor force.

Historical dataset showing Nicaragua unemployment rate by year from 1991 to 2024.

Nicaragua NI: Unemployment Rate: % Change data was reported at -19.879 % in 2011. This records a decrease from the previous number of -4.108 % for 2010. Nicaragua NI: Unemployment Rate: % Change data is updated yearly, averaging -0.585 % from Dec 1991 (Median) to 2011, with 18 observations. The data reached an all-time high of 51.316 % in 1991 and a record low of -19.879 % in 2011. Nicaragua NI: Unemployment Rate: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

Nicaragua: Unemployment rate for females: The latest value from 2024 is 4.74 percent, a decline from 4.85 percent in 2023. In comparison, the world average is 8.08 percent, based on data from 176 countries. Historically, the average for Nicaragua from 1991 to 2024 is 6.59 percent. The minimum value, 3.49 percent, was reached in 2017 while the maximum of 9.12 percent was recorded in 2009.

In 2024, the youth unemployment rate in Nicaragua was 9.04 percent. Between 1991 and 2024, the figure dropped by three percentage points, though the decline followed an uneven course rather than a steady trajectory.

Historical dataset showing Nicaragua youth unemployment rate by year from 1991 to 2024.

Actual value and historical data chart for Nicaragua Unemployment Total Percent Of Total Labor Force

nicaragua - Youth Unemployment Rate for Nicaragua was 9.04% in January of 2024, according to the United States Federal Reserve. Historically, nicaragua - Youth Unemployment Rate for Nicaragua reached a record high of 11.13 in January of 2021 and a record low of 9.04 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for nicaragua - Youth Unemployment Rate for Nicaragua - last updated from the United States Federal Reserve on December of 2025.

Monthly and long-term Nicaragua Unemployment data: historical series and analyst forecasts curated by FocusEconomics.

Nicaragua NI: Unemployment Rate: % Change data was reported at -29.051 % in Jun 2011. This records a decrease from the previous number of -27.236 % for Mar 2011. Nicaragua NI: Unemployment Rate: % Change data is updated quarterly, averaging -17.428 % from Jun 2010 (Median) to Jun 2011, with 5 observations. The data reached an all-time high of 8.361 % in Jun 2010 and a record low of -29.051 % in Jun 2011. Nicaragua NI: Unemployment Rate: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Nicaragua – Table NI.IMF.IFS: Labour Force, Employment and Unemployment: Quarterly.

Unemployment, female (% of female labor force) (modeled ILO estimate) in Nicaragua was reported at 4.737 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nicaragua - Unemployment, female - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

In 2023, the employment rate in Nicaragua amounted to approximately 65.08 percent. Between 2010 and 2023, the figure dropped by around 0.67 percentage points, though the decline followed an uneven course rather than a steady trajectory.

Nicaragua: Unemployment rate: Pour cet indicateur, La Banque mondiale fournit des données pour la Nicaragua de 1991 à 2024. La valeur moyenne pour Nicaragua pendant cette période était de 6.23 pour cent avec un minimum de 3.3 pour cent en 2017 et un maximum de 8.16 pour cent en 2009.

This horizontal bar chart displays unemployment (% of total labor force) by continent using the aggregation average in Nicaragua. The data is about countries per year.

Nicaragua NI: Unemployment with Intermediate Education: Male: % of Male Labour Force data was reported at 7.010 % in 2014. This records a decrease from the previous number of 8.570 % for 2012. Nicaragua NI: Unemployment with Intermediate Education: Male: % of Male Labour Force data is updated yearly, averaging 8.570 % from Dec 1995 (Median) to 2014, with 3 observations. The data reached an all-time high of 13.450 % in 1995 and a record low of 7.010 % in 2014. Nicaragua NI: Unemployment with Intermediate Education: Male: % of Male Labour Force data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank: Employment and Unemployment. The percentage of the labor force with an intermediate level of education who are unemployed. Intermediate education comprises upper secondary or post-secondary non tertiary education according to the International Standard Classification of Education 2011 (ISCED 2011).; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted Average;

This scatter chart displays GDP (current US$) against unemployment (% of total labor force) in Nicaragua. The data is filtered where the date is 2023. The data is about countries per year.

NI: Contributing Family Workers: Modeled ILO Estimate: Female: % of Female Employment data was reported at 8.340 % in 2017. This records a decrease from the previous number of 8.485 % for 2016. NI: Contributing Family Workers: Modeled ILO Estimate: Female: % of Female Employment data is updated yearly, averaging 10.984 % from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 12.828 % in 1994 and a record low of 8.340 % in 2017. NI: Contributing Family Workers: Modeled ILO Estimate: Female: % of Female Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank: Employment and Unemployment. Contributing family workers are those workers who hold 'self-employment jobs' as own-account workers in a market-oriented establishment operated by a related person living in the same household.; ; International Labour Organization, ILOSTAT database. Data retrieved in November 2017.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

This scatter chart displays unemployment (% of total labor force) against vulnerable employment (% of total employment) in Nicaragua. The data is filtered where the date is 2021. The data is about countries per year.