Unemployment rate in Peru

Peru: Unemployment rate was 4.32 in 2025. ▲ Rising

Latest (2025)
4.32
Change on year
down 11.1%
World rank
41st
of 58 countries
All-time high
7.18
in 2020
All-time low
3.21
in 2014
Years of data
12
2014–2025

Unemployment rate in Peru, 2014–2025

024682014201920252014: 3.22015: 3.32016: 3.72017: 3.72018: 3.52019: 3.42020: 7.22021: 5.12022: 42023: 4.62024: 4.92025: 4.3

Source: International Labour Organization.

Analysis

In 2025, unemployment rate in Peru stood at 4.32.

That represents a change of down 11.1% on the previous year and up 32.0% over ten years.

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

That places Peru 41st out of 58 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Unemployment rate in Peru, year by year

Annual values for Unemployment rate (previous ILO definition - ICLS13) in Peru, 2014 to 2025.
Year Value Change
2014 3.21
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 -21.5%
2023 4.57 +14.1%
2024 4.86 +6.3%
2025 4.32 -11.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.46 3.21 3.74 6
2020s 5 4 7.18 6

Countries ranked near Peru

  1. 38 United Kingdom of Great Britain and Northern Ireland 4.9 compare
  2. 39 Poland 4.43 compare
  3. 40 Bolivia, Plurinational State of 4.41 compare
  4. 42 Sri Lanka 4.32 compare
  5. 43 United States of America 4.28 compare
  6. 44 Ghana 3.97 compare

See the full ranking of 58 places →

More work & labour data for Peru

All data for Peru →

Frequently asked questions

What is unemployment rate in Peru?
Unemployment rate in Peru was 4.32 in 2025, according to International Labour Organization.
What is the highest unemployment rate recorded in Peru?
The highest recorded value was 7.18 in 2020.
What is the lowest unemployment rate recorded in Peru?
The lowest recorded value was 3.21 in 2014.
How does Peru rank for unemployment rate?
Peru ranks 41st out of 58 countries with data for 2025.
Is unemployment rate rising or falling in Peru?
Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
Where does this Peru data come from?
The figures come from International Labour Organization, published as part of Unemployment rate (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.

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Unemployment rate in Peru. Statizoid, drawing on International Labour Organization. Retrieved 08 September 2026, from https://labour.statizoid.com/stat/unemployment-rate-previous-ilo-definition-icls13/peru/

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About this data

Indicator
Unemployment rate (previous ILO definition - ICLS13)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
58 places, 869 data points, 1996–2025
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. 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 Disability Labour Market Indicators (DLMI) database description.