Unemployment rate in Nicaragua

Nicaragua: Unemployment rate was 5.0% in 2025. β–Ό Falling

Latest (2025)
5.0%
Change on year
up 1.2%
World rank
99th
of 186 countries
All-time high
8.2%
in 2009
All-time low
3.3%
in 2017
Years of data
35
1991–2025

Unemployment rate in Nicaragua, 1991–2025

024681991200820251991: 7.9 %1992: 7.8 %1993: 7.8 %1994: 7.7 %1995: 7.4 %1996: 7.1 %1997: 7.1 %1998: 7.2 %1999: 7.2 %2000: 7.2 %2001: 7.2 %2002: 7.5 %2003: 7.6 %2004: 6.4 %2005: 5.4 %2006: 5.3 %2007: 4.9 %2008: 6.2 %2009: 8.2 %2010: 7.8 %2011: 6.6 %2012: 5.2 %2013: 5.3 %2014: 4.5 %2015: 4.7 %2016: 3.9 %2017: 3.3 %2018: 5.2 %2019: 5.5 %2020: 6.2 %2021: 6.1 %2022: 5 %2023: 4.7 %2024: 5 %2025: 5 %

Source: ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for unemployment rate in Nicaragua is 5.0%, measured in 2025.

That represents a change of up 1.2% on the previous year and up 7.2% over ten years.

Over the whole period, unemployment rate in Nicaragua peaked at 8.2% in 2009 and was at its lowest, 3.3%, in 2017.

That places Nicaragua 99th out of 186 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.5% 7.1% 7.9% 9
2000s 6.6% 4.9% 8.2% 10
2010s 5.2% 3.3% 7.8% 10
2020s 5.3% 4.7% 6.2% 6

Countries ranked near Nicaragua

  1. 96 New Zealand 5.1% compare
  2. 97 Vanuatu 5.1% compare
  3. 98 Malawi 5.1% compare
  4. 100 Croatia 5.0% compare
  5. 101 Samoa 5.0% compare
  6. 102 Cyprus 4.9% compare

See the full ranking of 186 places β†’

More work & labour data for Nicaragua

All data for Nicaragua β†’

Frequently asked questions

What is unemployment rate in Nicaragua?
Unemployment rate in Nicaragua was 5.0% in 2025, according to ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rate recorded in Nicaragua?
The highest recorded value was 8.2% in 2009.
What is the lowest unemployment rate recorded in Nicaragua?
The lowest recorded value was 3.3% in 2017.
How does Nicaragua rank for unemployment rate?
Nicaragua ranks 99th out of 186 countries with data for 2025.
Is unemployment rate rising or falling in Nicaragua?
Over the last ten years it is up 7.2%. The long-run trend across the full record is falling.
Where does this Nicaragua data come from?
The figures come from ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
Unemployment rate
Unit
%
Source
ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon.