Unemployment rate (previous ILO definition - ICLS13) (15+) in Bolivia
Bolivia: Unemployment rate (previous ILO definition - ICLS13) (15+) was 2.78 in 2024. ▼ Falling
Unemployment rate (previous ILO definition - ICLS13) in Bolivia, 1993–2024
Source: International Labour Organization.
Analysis
Bolivia recorded 2.78 for unemployment rate (previous ilo definition - icls13) in 2024. That is the lowest value across all 7 years on record.
Over the whole period, unemployment rate (previous ilo definition - icls13) in Bolivia peaked at 5.54 in 1993 and was at its lowest, 2.78, in 2024.
That places Bolivia 74th out of 78 countries with data for 2024, putting it in the bottom quarter.
Unemployment rate (previous ILO definition - ICLS13) (15+) in Bolivia, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 5.54 | — |
| 1994 | 3 | -45.9% |
| 1999 | 3.85 | +28.6% |
| 2000 | 4.42 | +14.8% |
| 2001 | 4.98 | +12.5% |
| 2002 | 4.1 | -17.6% |
| 2024 | 2.78 | -32.1% |
Bolivia compared with similar countries
- Bolivia's 2.78 is below the median for lower middle income countries, which is 4.82, 58% of the median. (8 countries reporting)
- Bolivia's 2.78 is below the median for Latin America & Caribbean, which is 5.71, 49% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.13 | 3 | 5.54 | 3 |
| 2000s | 4.5 | 4.1 | 4.98 | 3 |
| 2020s | 2.78 | 2.78 | 2.78 | 1 |
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 unemployment rate (previous ilo definition - icls13) in Bolivia?
- Unemployment rate (previous ilo definition - icls13) in Bolivia was 2.78 in 2024, according to International Labour Organization.
- What is the highest unemployment rate (previous ilo definition - icls13) recorded in Bolivia?
- The highest recorded value was 5.54 in 1993.
- What is the lowest unemployment rate (previous ilo definition - icls13) recorded in Bolivia?
- The lowest recorded value was 2.78 in 2024.
- How does Bolivia rank for unemployment rate (previous ilo definition - icls13)?
- Bolivia ranks 74th out of 78 countries with data for 2024.
- Where does this Bolivia data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate (previous ILO definition - ICLS13) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
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 International Labour Migration Statistics (ILMS) database description.