Unemployment rate (ILO modelled estimates) in Peru

Peru: Unemployment rate (ILO modelled estimates) was 5.24 in 2027. ▬ Flat

Latest (2027)
5.24
Change on year
down 0.9%
World rank
92nd
of 188 countries
All-time high
7.18
in 2020
All-time low
3.21
in 2014
Years of data
37
1991–2027

Unemployment rate (ILO modelled estimates) in Peru, 1991–2027

024681991200920271991: 4.91992: 5.11993: 4.81994: 4.51995: 4.71996: 4.91997: 4.81998: 5.11999: 52000: 52001: 5.12002: 4.82003: 4.22004: 4.72005: 4.92006: 4.22007: 4.12008: 42009: 42010: 3.62011: 3.52012: 3.22013: 3.62014: 3.22015: 3.32016: 3.72017: 3.72018: 3.52019: 3.42020: 7.22021: 5.12022: 4.32023: 4.92024: 5.22025: 5.12026: 5.32027: 5.2

Source: International Labour Organization.

Analysis

In 2027, unemployment rate (ilo modelled estimates) in Peru stood at 5.24.

The figure is down 0.9% on the previous year and up 41.9% over ten years.

Over the whole period, unemployment rate (ilo modelled estimates) in Peru peaked at 7.18 in 2020 and was at its lowest, 3.21, in 2014.

That places Peru 92nd out of 188 countries with data for 2027, putting it in the middle of the range.

Unemployment rate (ILO modelled estimates) in Peru, year by year

Annual values for Unemployment rate (ILO modelled estimates) (15+) in Peru, 1991 to 2027.
Year Value Change
1991 4.93
1992 5.07 +2.9%
1993 4.79 -5.4%
1994 4.49 -6.3%
1995 4.71 +4.8%
1996 4.93 +4.7%
1997 4.76 -3.4%
1998 5.1 +7.1%
1999 5.01 -1.7%
2000 4.96 -1.0%
2001 5.07 +2.2%
2002 4.84 -4.5%
2003 4.15 -14.3%
2004 4.71 +13.5%
2005 4.87 +3.4%
2006 4.17 -14.4%
2007 4.08 -2.2%
2008 4.03 -1.2%
2009 3.96 -1.7%
2010 3.6 -9.1%
2011 3.48 -3.4%
2012 3.24 -6.9%
2013 3.58 +10.4%
2014 3.21 -10.3%
2015 3.27 +2.0%
2016 3.74 +14.3%
2017 3.69 -1.3%
2018 3.49 -5.4%
2019 3.38 -3.2%
2020 7.18 +112.5%
2021 5.1 -29.0%
2022 4.29 -15.8%
2023 4.9 +14.2%
2024 5.2 +6.1%
2025 5.12 -1.6%
2026 5.28 +3.2%
2027 5.24 -0.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.87 4.49 5.1 9
2000s 4.48 3.96 5.07 10
2010s 3.47 3.21 3.74 10
2020s 5.29 4.29 7.18 8

Countries ranked near Peru

  1. 89 Kenya 5.32 compare
  2. 90 Fiji 5.29 compare
  3. 91 Mongolia 5.29 compare
  4. 93 Slovakia 5.24 compare
  5. 94 Pakistan 5.22 compare
  6. 95 Samoa 5.21 compare

See the full ranking of 276 places →

More work & labour data for Peru

All data for Peru →

Frequently asked questions

What is unemployment rate (ilo modelled estimates) in Peru?
Unemployment rate (ilo modelled estimates) in Peru was 5.24 in 2027, according to International Labour Organization.
What is the highest unemployment rate (ilo modelled estimates) recorded in Peru?
The highest recorded value was 7.18 in 2020.
What is the lowest unemployment rate (ilo modelled estimates) recorded in Peru?
The lowest recorded value was 3.21 in 2014.
How does Peru rank for unemployment rate (ilo modelled estimates)?
Peru ranks 92nd out of 188 countries with data for 2027.
Is unemployment rate (ilo modelled estimates) rising or falling in Peru?
Over the last ten years it is up 41.9%. The long-run trend across the full record is flat.
Where does this Peru data come from?
The figures come from International Labour Organization, published as part of Unemployment rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.

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Unemployment rate (ILO modelled estimates) in Peru. Statizoid, drawing on International Labour Organization. Retrieved 07 September 2026, from https://labour.statizoid.com/stat/unemployment-rate-ilo-modelled-estimates-15/peru/

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About this data

Indicator
Unemployment rate (ILO modelled estimates) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,188 data points, 1991–2027
Last refreshed

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. 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 ILO Modelled Estimates (ILOEST) database description.