Unemployment rate young vs older adults in Mexico
Mexico: Unemployment rate young vs older adults was 5.76 in 2024. ▲ Rising
Latest (2024)
5.76
Change on year
down 1.4%
World rank
157th
of 188 countries
All-time high
11.62
in 1995
All-time low
4.23
in 1999
Years of data
34
1991–2024
Unemployment rate young vs older adults in Mexico, 1991–2024
Source: Our World in Data.
Analysis
In 2024, unemployment rate young vs older adults in Mexico stood at 5.76.
That represents a change of down 1.4% on the previous year and down 38.8% over ten years.
Over the whole period, unemployment rate young vs older adults in Mexico peaked at 11.62 in 1995 and was at its lowest, 4.23, in 1999.
That places Mexico 157th out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Unemployment rate young vs older adults in Mexico, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 5.55 | — |
| 1992 | 5.59 | +0.6% |
| 1993 | 5.57 | -0.2% |
| 1994 | 7.37 | +32.2% |
| 1995 | 11.62 | +57.7% |
| 1996 | 9.59 | -17.5% |
| 1997 | 7.65 | -20.2% |
| 1998 | 6.7 | -12.5% |
| 1999 | 4.23 | -36.8% |
| 2000 | 5.23 | +23.6% |
| 2001 | 4.97 | -4.8% |
| 2002 | 6.09 | +22.5% |
| 2003 | 7.1 | +16.5% |
| 2004 | 8.2 | +15.5% |
| 2005 | 6.88 | -16.1% |
| 2006 | 6.98 | +1.5% |
| 2007 | 7.12 | +2.1% |
| 2008 | 7.59 | +6.6% |
| 2009 | 10.01 | +31.8% |
| 2010 | 9.7 | -3.1% |
| 2011 | 9.77 | +0.6% |
| 2012 | 9.36 | -4.2% |
| 2013 | 9.4 | +0.4% |
| 2014 | 9.42 | +0.2% |
| 2015 | 8.52 | -9.6% |
| 2016 | 7.62 | -10.5% |
| 2017 | 6.85 | -10.1% |
| 2018 | 6.82 | -0.5% |
| 2019 | 7.16 | +5.1% |
| 2020 | 8.05 | +12.5% |
| 2021 | 7.63 | -5.3% |
| 2022 | 6.46 | -15.2% |
| 2023 | 5.84 | -9.6% |
| 2024 | 5.76 | -1.4% |
Mexico compared with similar countries
- Mexico's 5.76 is below the median for upper middle income countries, which is 15.67, 37% of the median. (53 countries reporting)
- Mexico's 5.76 is below the median for Latin America & Caribbean, which is 15.67, 37% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.1 | 4.23 | 11.62 | 9 |
| 2000s | 7.02 | 4.97 | 10.01 | 10 |
| 2010s | 8.46 | 6.82 | 9.77 | 10 |
| 2020s | 6.75 | 5.76 | 8.05 | 5 |
Countries ranked near Mexico
More work & labour data for Mexico
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5786 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5539 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6038 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.41 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5363 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 144,910 1000 No (2050)
- Population - Est. & Proj. — Rural population 19,369 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 65,616 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 64,633 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 130,249 1000 No (2100)
Frequently asked questions
- What is unemployment rate young vs older adults in Mexico?
- Unemployment rate young vs older adults in Mexico was 5.76 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in Mexico?
- The highest recorded value was 11.62 in 1995.
- What is the lowest unemployment rate young vs older adults recorded in Mexico?
- The lowest recorded value was 4.23 in 1999.
- How does Mexico rank for unemployment rate young vs older adults?
- Mexico ranks 157th out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in Mexico?
- Over the last ten years it is down 38.8%. The long-run trend across the full record is rising.
- Where does this Mexico data come from?
- The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).