SDG indicator 8.5.2: Unemployment rate in Bolivia
Bolivia: SDG indicator 8.5.2: Unemployment rate was 4.41 in 2024. ▲ Rising
SDG indicator 8.5.2: Unemployment rate in Bolivia, 2014–2024
Source: International Labour Organization.
Analysis
In 2024, sdg indicator 8.5.2: unemployment rate in Bolivia stood at 4.41. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 11.2% on the previous year and up 118.3% over ten years.
Over the whole period, sdg indicator 8.5.2: unemployment rate in Bolivia peaked at 4.41 in 2024 and was at its lowest, 2.02, in 2014.
Bolivia ranks 40th of 57 countries on this measure, in the middle of the range.
SDG indicator 8.5.2: Unemployment rate in Bolivia, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 2.02 | — |
| 2015 | 3.11 | +53.9% |
| 2016 | 3.08 | -1.0% |
| 2017 | 3.24 | +5.3% |
| 2018 | 3.29 | +1.3% |
| 2019 | 3.82 | +16.3% |
| 2023 | 3.97 | +3.8% |
| 2024 | 4.41 | +11.2% |
Bolivia compared with similar countries
- Bolivia's 4.41 is above the median for lower middle income countries, which is 4.41, 1.0× the median. (9 countries reporting)
- Bolivia's 4.41 is below the median for Latin America & Caribbean, which is 5.42, 81% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.09 | 2.02 | 3.82 | 6 |
| 2020s | 4.19 | 3.97 | 4.41 | 2 |
Countries ranked near Bolivia
More work & labour data for Bolivia
- Persons outside the labour force (ILO modelled estimates) 1,928 (2027)
- Labour force participation rate (ILO modelled estimates) 79.04 (2027)
- Labour force (ILO modelled estimates) 7,271 (2027)
- Unemployment rate (ILO modelled estimates) 2.58 (2027)
- Labour dependency ratio 0.823 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 17,718 (2027)
- Output per worker, GDP constant 2015 US $ 5,806 (2027)
- Employment-to-population ratio (ILO modelled estimates) 77 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9059 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 2.01 % change on previous year (2027)
Frequently asked questions
- What is sdg indicator 8.5.2: unemployment rate in Bolivia?
- Sdg indicator 8.5.2: unemployment rate in Bolivia was 4.41 in 2024, according to International Labour Organization.
- What is the highest sdg indicator 8.5.2: unemployment rate recorded in Bolivia?
- The highest recorded value was 4.41 in 2024.
- What is the lowest sdg indicator 8.5.2: unemployment rate recorded in Bolivia?
- The lowest recorded value was 2.02 in 2014.
- How does Bolivia rank for sdg indicator 8.5.2: unemployment rate?
- Bolivia ranks 40th out of 57 countries with data for 2024.
- Is sdg indicator 8.5.2: unemployment rate rising or falling in Bolivia?
- Over the last ten years it is up 118.3%. The long-run trend across the full record is rising.
- Where does this Bolivia 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). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 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. The term disability, as defined in the International Classification of Functioning, Disability and Health (ICF), is used as an umbrella term, covering impairments, activity limitations, and participation restrictions. For measurement purposes, a person with disability is defined as a person who is limited in the kind or amount of activities that he or she can do because of ongoing difficulties due to a long-term physical condition, mental condition or health problem. For more information, refer to the Labour Market-related SDG Indicators (ILOSDG) database description.