SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Latin America and the Caribbean: High income
Latin America and the Caribbean: High income: SDG indicator 8.5.2: Unemployment rate (previous ILO definition) was 8.14 in 2027. ▼ Falling
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Latin America and the Caribbean: High income, 2000–2027
Source: International Labour Organization.
Analysis
In 2027, sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Latin America and the Caribbean: High income stood at 8.14.
Compared with earlier readings it is up 0.2% on the previous year and up 10.2% over ten years.
Over the whole period, sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Latin America and the Caribbean: High income peaked at 11.78 in 2020 and was at its lowest, 7.01, in 2013.
Latin America and the Caribbean: High income ranks 15th of 87 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
SDG indicator 8.5.2: Unemployment rate (previous ILO definition) in Latin America and the Caribbean: High income, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.67 | — |
| 2001 | 10.07 | +4.2% |
| 2002 | 10.22 | +1.5% |
| 2003 | 10.05 | -1.7% |
| 2004 | 9.52 | -5.3% |
| 2005 | 9.11 | -4.3% |
| 2006 | 8.56 | -6.0% |
| 2007 | 7.87 | -8.1% |
| 2008 | 8.2 | +4.2% |
| 2009 | 9.98 | +21.8% |
| 2010 | 8.5 | -14.9% |
| 2011 | 7.92 | -6.8% |
| 2012 | 7.4 | -6.6% |
| 2013 | 7.01 | -5.3% |
| 2014 | 7.26 | +3.6% |
| 2015 | 7.08 | -2.5% |
| 2016 | 7.29 | +2.9% |
| 2017 | 7.39 | +1.4% |
| 2018 | 7.67 | +3.9% |
| 2019 | 7.95 | +3.5% |
| 2020 | 11.78 | +48.2% |
| 2021 | 10.05 | -14.6% |
| 2022 | 8.39 | -16.5% |
| 2023 | 8.19 | -2.4% |
| 2024 | 8.07 | -1.5% |
| 2025 | 8.15 | +1.0% |
| 2026 | 8.12 | -0.3% |
| 2027 | 8.14 | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.33 | 7.87 | 10.22 | 10 |
| 2010s | 7.55 | 7.01 | 8.5 | 10 |
| 2020s | 8.86 | 8.07 | 11.78 | 8 |
Countries ranked near Latin America and the Caribbean: High income
More work & labour data for Latin America and the Caribbean: High income
- Labour force (ILO modelled estimates) 19,892 (2027)
- Labour force participation rate (ILO modelled estimates) 60.43 (2027)
- Persons outside the labour force (ILO modelled estimates) 13,027 (2027)
- Unemployment rate (ILO modelled estimates) 8.14 (2027)
- Labour dependency ratio 1.17 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 76,690 (2027)
- Output per worker, GDP constant 2015 US $ 40,488 (2027)
- Employment-to-population ratio (ILO modelled estimates) 55.51 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.8477 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.8323 % change on previous year (2027)
Frequently asked questions
- What is sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Latin America and the Caribbean: High income?
- Sdg indicator 8.5.2: unemployment rate (previous ilo definition) in Latin America and the Caribbean: High income was 8.14 in 2027, according to International Labour Organization.
- What is the highest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Latin America and the Caribbean: High income?
- The highest recorded value was 11.78 in 2020.
- What is the lowest sdg indicator 8.5.2: unemployment rate (previous ilo definition) recorded in Latin America and the Caribbean: High income?
- The lowest recorded value was 7.01 in 2013.
- How does Latin America and the Caribbean: High income rank for sdg indicator 8.5.2: unemployment rate (previous ilo definition)?
- Latin America and the Caribbean: High income ranks 15th out of 87 groups with data for 2027.
- Is sdg indicator 8.5.2: unemployment rate (previous ilo definition) rising or falling in Latin America and the Caribbean: High income?
- Over the last ten years it is up 10.2%. The long-run trend across the full record is falling.
- Where does this Latin America and the Caribbean: High income data come from?
- The figures come from International Labour Organization, published as part of SDG indicator 8.5.2: Unemployment rate (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Data may differ from nationally reported figures and the Global SDG Indicators Database due to differences in sources and/or reference years. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.