Unemployment in El Salvador
The unemployment rate in El Salvador averaged 6.4% in the decade to 2023, below the 7.3% average for Central America and Caribbean. The unemployment rate in El Salvador was 5.2% in 2023. For more information on unemployment, visit our dedicated page.
El Salvador Unemployment Chart
Note: This chart displays Unemployment Rate for El Salvador from 2023 to 2024.
Source: Macrobond.
El Salvador Unemployment Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 6.9 | 7.2 | 5.0 | 5.2 | 5.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Salvadoran unemployment projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Salvadoran unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Salvadoran unemployment projections.
Want to get access to the full dataset of Salvadoran unemployment forecasts? Send an email to info@focus-economics.com.