Statizoid

Unemployment rate in Venezuela, RB

Venezuela, RB: Unemployment rate was 5.3% in 2025. ▼ Falling

Latest (2025)
5.3%
Change on year
down 0.3%
World rank
90th
of 186 countries
All-time high
16.8%
in 2003
All-time low
5.0%
in 2017
Years of data
35
1991–2025

Unemployment rate in Venezuela, RB, 1991–2025

57.51012.51517.51991200820251991: 9.4 %1992: 7.7 %1993: 6.6 %1994: 8.6 %1995: 10.2 %1996: 11.8 %1997: 11.2 %1998: 11.2 %1999: 14.5 %2000: 14 %2001: 13 %2002: 16.2 %2003: 16.8 %2004: 15.1 %2005: 10.7 %2006: 8.6 %2007: 7.3 %2008: 6.2 %2009: 6.1 %2010: 7.1 %2011: 6.9 %2012: 6.6 %2013: 7.5 %2014: 6.8 %2015: 6.1 %2016: 5.3 %2017: 5 %2018: 5.5 %2019: 5.9 %2020: 7.5 %2021: 7 %2022: 5.6 %2023: 5.4 %2024: 5.3 %2025: 5.3 %

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 Venezuela, RB is 5.3%, measured in 2025.

Compared with earlier readings it is down 0.3% on the previous year and down 13.6% over ten years.

Over the whole period, unemployment rate in Venezuela, RB peaked at 16.8% in 2003 and was at its lowest, 5.0%, in 2017.

Venezuela, RB ranks 90th of 186 countries on this measure, 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 10.1% 6.6% 14.5% 9
2000s 11.4% 6.1% 16.8% 10
2010s 6.3% 5.0% 7.5% 10
2020s 6.0% 5.3% 7.5% 6

Countries ranked near Venezuela, RB

  1. 87 Pakistan 5.4% compare
  2. 88 Slovak Republic 5.4% compare
  3. 89 Fiji 5.3% compare
  4. 91 Brunei Darussalam 5.3% compare
  5. 92 Mongolia 5.2% compare
  6. 93 Guinea 5.2% compare

See the full ranking of 186 places →

More work & labour data for Venezuela, RB

All data for Venezuela, RB →

Frequently asked questions

What is unemployment rate in Venezuela, RB?
Unemployment rate in Venezuela, RB was 5.3% 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 Venezuela, RB?
The highest recorded value was 16.8% in 2003.
What is the lowest unemployment rate recorded in Venezuela, RB?
The lowest recorded value was 5.0% in 2017.
How does Venezuela, RB rank for unemployment rate?
Venezuela, RB ranks 90th out of 186 countries with data for 2025.
Is unemployment rate rising or falling in Venezuela, RB?
Over the last ten years it is down 13.6%. The long-run trend across the full record is falling.
Where does this Venezuela, RB 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.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.