Unemployment rate for young people in Venezuela
Venezuela: Unemployment rate for young people was 10.44 in 2025. ▼ Falling
Latest (2025)
10.44
Change on year
up 2.8%
World rank
111th
of 186 countries
All-time high
27.91
in 2003
All-time low
10.16
in 2024
Years of data
35
1991–2025
Unemployment rate for young people in Venezuela, 1991–2025
Source: Our World in Data.
Analysis
In 2025, unemployment rate for young people in Venezuela stood at 10.44.
That represents a change of up 2.8% on the previous year and down 21.7% over ten years.
Over the whole period, unemployment rate for young people in Venezuela peaked at 27.91 in 2003 and was at its lowest, 10.16, in 2024.
That places Venezuela 111th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Unemployment rate for young people in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 15.59 | — |
| 1992 | 12.88 | -17.3% |
| 1993 | 11.02 | -14.5% |
| 1994 | 14.22 | +29.0% |
| 1995 | 17.04 | +19.9% |
| 1996 | 19.62 | +15.1% |
| 1997 | 18.81 | -4.1% |
| 1998 | 18.76 | -0.3% |
| 1999 | 24.33 | +29.7% |
| 2000 | 23.4 | -3.8% |
| 2001 | 21.94 | -6.2% |
| 2002 | 27.19 | +23.9% |
| 2003 | 27.91 | +2.7% |
| 2004 | 25.27 | -9.5% |
| 2005 | 18.25 | -27.8% |
| 2006 | 15.36 | -15.8% |
| 2007 | 13.57 | -11.6% |
| 2008 | 12.35 | -9.0% |
| 2009 | 12.13 | -1.8% |
| 2010 | 14.18 | +16.9% |
| 2011 | 14.05 | -0.9% |
| 2012 | 14.09 | +0.3% |
| 2013 | 16.22 | +15.2% |
| 2014 | 14.77 | -9.0% |
| 2015 | 13.33 | -9.7% |
| 2016 | 11.68 | -12.4% |
| 2017 | 12.25 | +4.9% |
| 2018 | 12.03 | -1.7% |
| 2019 | 11.77 | -2.2% |
| 2020 | 13.61 | +15.6% |
| 2021 | 12.94 | -4.9% |
| 2022 | 10.58 | -18.3% |
| 2023 | 10.27 | -2.9% |
| 2024 | 10.16 | -1.1% |
| 2025 | 10.44 | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.92 | 11.02 | 24.33 | 9 |
| 2000s | 19.74 | 12.13 | 27.91 | 10 |
| 2010s | 13.44 | 11.68 | 16.22 | 10 |
| 2020s | 11.33 | 10.16 | 13.61 | 6 |
Countries ranked near Venezuela
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 51.9% (2025)
Frequently asked questions
- What is unemployment rate for young people in Venezuela?
- Unemployment rate for young people in Venezuela was 10.44 in 2025, according to Our World in Data.
- What is the highest unemployment rate for young people recorded in Venezuela?
- The highest recorded value was 27.91 in 2003.
- What is the lowest unemployment rate for young people recorded in Venezuela?
- The lowest recorded value was 10.16 in 2024.
- How does Venezuela rank for unemployment rate for young people?
- Venezuela ranks 111th out of 186 countries with data for 2025.
- Is unemployment rate for young people rising or falling in Venezuela?
- Over the last ten years it is down 21.7%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Unemployment rate for young people. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).