Unemployment rate young vs older adults in Nicaragua
Nicaragua: Unemployment rate young vs older adults was 9.58 in 2024. ▼ Falling
Unemployment rate young vs older adults in Nicaragua, 1991–2024
Source: Our World in Data.
Analysis
In 2024, unemployment rate young vs older adults in Nicaragua stood at 9.58.
The figure is up 4.1% on the previous year and up 13.6% over ten years.
Over the whole period, unemployment rate young vs older adults in Nicaragua peaked at 12.72 in 2009 and was at its lowest, 6.25, in 2017.
That places Nicaragua 122nd out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Unemployment rate young vs older adults in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 12.01 | — |
| 1992 | 11.89 | -1.0% |
| 1993 | 11.9 | +0.1% |
| 1994 | 11.73 | -1.4% |
| 1995 | 11.48 | -2.1% |
| 1996 | 11.17 | -2.7% |
| 1997 | 11.19 | +0.1% |
| 1998 | 11.34 | +1.4% |
| 1999 | 11.36 | +0.2% |
| 2000 | 11.41 | +0.5% |
| 2001 | 11.51 | +0.8% |
| 2002 | 11.88 | +3.2% |
| 2003 | 12.02 | +1.2% |
| 2004 | 10.29 | -14.4% |
| 2005 | 8.68 | -15.6% |
| 2006 | 8.61 | -0.8% |
| 2007 | 7.88 | -8.5% |
| 2008 | 9.91 | +25.7% |
| 2009 | 12.72 | +28.4% |
| 2010 | 12.08 | -5.0% |
| 2011 | 10.19 | -15.7% |
| 2012 | 8.14 | -20.1% |
| 2013 | 9.01 | +10.6% |
| 2014 | 8.44 | -6.3% |
| 2015 | 8.79 | +4.2% |
| 2016 | 7.34 | -16.5% |
| 2017 | 6.25 | -14.8% |
| 2018 | 9.71 | +55.4% |
| 2019 | 10.06 | +3.5% |
| 2020 | 11.42 | +13.6% |
| 2021 | 11.06 | -3.2% |
| 2022 | 9.5 | -14.1% |
| 2023 | 9.2 | -3.2% |
| 2024 | 9.58 | +4.1% |
Nicaragua compared with similar countries
- Nicaragua's 9.58 is below the median for lower middle income countries, which is 10.03, 95% of the median. (46 countries reporting)
- Nicaragua's 9.58 is below the median for Latin America & Caribbean, which is 15.67, 61% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Unemployment rate young vs older adults in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +55.4% | 6.25 | 9.71 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.56 | 11.17 | 12.01 | 9 |
| 2000s | 10.49 | 7.88 | 12.72 | 10 |
| 2010s | 9 | 6.25 | 12.08 | 10 |
| 2020s | 10.15 | 9.2 | 11.42 | 5 |
Countries ranked near Nicaragua
More work & labour data for Nicaragua
- Population - Est. & Proj. — Total Population - Both sexes, annual 1.36 % change on previous year (2024)
- Population - Est. & Proj. — Total Population - Male, annual growth 1.41 % change on previous year (2023)
- Population - Est. & Proj. — Total Population - Female, annual growth 1.36 % change on previous year (2023)
- Population - Est. & Proj. — Rural population, annual growth rate 0.2248 % change on previous year (2023)
- Population - Est. & Proj. — Urban population, annual growth rate 1.45 % change on previous year (2023)
- Population - Est. & Proj. — Urban population 3,954 1000 No (2023)
- Population - Est. & Proj. — Rural population 2,653 1000 No (2023)
- Population - Est. & Proj. — Total Population - Female 3,468 1000 No (2023)
- Population - Est. & Proj. — Total Population - Male 3,356 1000 No (2023)
- Population - Est. & Proj. — Total Population - Both sexes 6,916 1000 No (2024)
Frequently asked questions
- What is unemployment rate young vs older adults in Nicaragua?
- Unemployment rate young vs older adults in Nicaragua was 9.58 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in Nicaragua?
- The highest recorded value was 12.72 in 2009.
- What is the lowest unemployment rate young vs older adults recorded in Nicaragua?
- The lowest recorded value was 6.25 in 2017.
- How does Nicaragua rank for unemployment rate young vs older adults?
- Nicaragua ranks 122nd out of 188 countries with data for 2024.
- Is unemployment rate young vs older adults rising or falling in Nicaragua?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is falling.
- Where does this Nicaragua 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.
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