Venezuela skyline with mountains

Venezuela Unemployment

Venezuela Unemployment

Unemployment in Venezuela

In the decade to 2018, the unemployment rate in Venezuela averaged 7.5%, slightly below the 7.7% average for Latin America. The unemployment rate in 2018 stood at 6.9%. For more unemployment information, visit our dedicated page.

Venezuela Unemployment Chart

Note: This chart displays Unemployment Rate for Venezuela from 2009 to 2018.
Source: National Institute of Statistics Venezuela.

Venezuela Unemployment Data

2019 2020 2021 2022 2023
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Venezuelan 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 Venezuelan unemployment.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Venezuelan unemployment projections.

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