LU2: Combined rate of time-related underemployment and unemployment in Nicaragua
Nicaragua: LU2: Combined rate of time-related underemployment and unemployment was 26.89 in 2027. ▬ Flat
LU2: Combined rate of time-related underemployment and unemployment in Nicaragua, 2005–2027
Source: International Labour Organization.
Analysis
The most recent figure for lu2: combined rate of time-related underemployment and unemployment in Nicaragua is 26.89, measured in 2027.
That represents a change of up 0.2% on the previous year and up 9.0% over ten years.
Over the whole period, lu2: combined rate of time-related underemployment and unemployment in Nicaragua peaked at 30.27 in 2009 and was at its lowest, 24.67, in 2017.
Nicaragua ranks 12th of 188 countries on this measure, in the top 10%.
LU2: Combined rate of time-related underemployment and unemployment in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 26.96 | — |
| 2006 | 26.91 | -0.2% |
| 2007 | 26.43 | -1.8% |
| 2008 | 27.97 | +5.8% |
| 2009 | 30.27 | +8.2% |
| 2010 | 29.9 | -1.2% |
| 2011 | 28.49 | -4.7% |
| 2012 | 26.86 | -5.7% |
| 2013 | 26.96 | +0.4% |
| 2014 | 26.08 | -3.2% |
| 2015 | 26.3 | +0.8% |
| 2016 | 25.36 | -3.5% |
| 2017 | 24.67 | -2.7% |
| 2018 | 26.88 | +9.0% |
| 2019 | 27.18 | +1.1% |
| 2020 | 28.86 | +6.2% |
| 2021 | 27.91 | -3.3% |
| 2022 | 26.63 | -4.6% |
| 2023 | 26.32 | -1.2% |
| 2024 | 26.66 | +1.3% |
| 2025 | 26.73 | +0.3% |
| 2026 | 26.83 | +0.4% |
| 2027 | 26.89 | +0.2% |
Nicaragua compared with similar countries
- Nicaragua's 26.89 is above the median for lower middle income countries, which is 11.95, 2.2× the median. (46 countries reporting)
- Nicaragua's 26.89 is above the median for Latin America & Caribbean, which is 12.17, 2.2× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.71 | 26.43 | 30.27 | 5 |
| 2010s | 26.87 | 24.67 | 29.9 | 10 |
| 2020s | 27.11 | 26.32 | 28.86 | 8 |
Countries ranked near Nicaragua
More work & labour data for Nicaragua
- Population - Est. & Proj. — Total Population - Both sexes, annual 1.36 % change on previous year (2024)
- Population - Est. & Proj. — Total Population - Male, annual growth 1.41 % change on previous year (2023)
- Population - Est. & Proj. — Total Population - Female, annual growth 1.36 % change on previous year (2023)
- Population - Est. & Proj. — Rural population, annual growth rate 0.2248 % change on previous year (2023)
- Population - Est. & Proj. — Urban population, annual growth rate 1.45 % change on previous year (2023)
- Population - Est. & Proj. — Urban population 3,954 1000 No (2023)
- Population - Est. & Proj. — Rural population 2,653 1000 No (2023)
- Population - Est. & Proj. — Total Population - Female 3,468 1000 No (2023)
- Population - Est. & Proj. — Total Population - Male 3,356 1000 No (2023)
- Population - Est. & Proj. — Total Population - Both sexes 6,916 1000 No (2024)
Frequently asked questions
- What is lu2: combined rate of time-related underemployment and unemployment in Nicaragua?
- Lu2: combined rate of time-related underemployment and unemployment in Nicaragua was 26.89 in 2027, according to International Labour Organization.
- What is the highest lu2: combined rate of time-related underemployment and unemployment recorded in Nicaragua?
- The highest recorded value was 30.27 in 2009.
- What is the lowest lu2: combined rate of time-related underemployment and unemployment recorded in Nicaragua?
- The lowest recorded value was 24.67 in 2017.
- How does Nicaragua rank for lu2: combined rate of time-related underemployment and unemployment?
- Nicaragua ranks 12th out of 188 countries with data for 2027.
- Is lu2: combined rate of time-related underemployment and unemployment rising or falling in Nicaragua?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is flat.
- Where does this Nicaragua data come from?
- The figures come from International Labour Organization, published as part of LU2: Combined rate of time-related underemployment and unemployment (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. LU2 represents the share of the labour force that are either in unemployment or time-related underemployment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.