Unemployment with advanced education in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Unemployment with advanced education was 5.8% in 2017. ▼ Falling
Unemployment with advanced education in Venezuela, Bolivarian Republic of, 2005–2017
Source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO). Measured in % of total labor force with advanced education.
Analysis
The most recent figure for unemployment with advanced education in Venezuela, Bolivarian Republic of is 5.8%, measured in 2017.
The figure is up 0.3% on the previous year and down 28.2% over ten years.
Over the whole period, unemployment with advanced education in Venezuela, Bolivarian Republic of peaked at 10.5% in 2005 and was at its lowest, 5.7%, in 2016.
Venezuela, Bolivarian Republic of ranks 48th of 130 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Unemployment with advanced education in Venezuela, Bolivarian Republic of, year by year
| Year | % of total labor force with advanced education | Change |
|---|---|---|
| 2005 | 10.5% | — |
| 2006 | 8.8% | -16.8% |
| 2007 | 8.0% | -8.5% |
| 2008 | 6.9% | -13.6% |
| 2009 | 6.8% | -1.3% |
| 2010 | 8.1% | +18.5% |
| 2011 | 8.5% | +5.3% |
| 2012 | 7.9% | -6.9% |
| 2016 | 5.7% | -27.7% |
| 2017 | 5.8% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2% | 6.8% | 10.5% | 5 |
| 2010s | 7.2% | 5.7% | 8.5% | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
More work & labour data for Venezuela, Bolivarian Republic of
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Labour dependency ratio 1.69 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,625 (2027)
- Output per worker, GDP constant 2015 US $ 10,899 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
- Legislation on sexual harassment in employment 1 (1=yes; 0=no) (2023)
Frequently asked questions
- What is unemployment with advanced education in Venezuela, Bolivarian Republic of?
- Unemployment with advanced education in Venezuela, Bolivarian Republic of was 5.8% in 2017, according to Education and Mismatch Indicators database (EMI), International Labour Organization (ILO).
- What is the highest unemployment with advanced education recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 10.5% in 2005.
- What is the lowest unemployment with advanced education recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 5.7% in 2016.
- How does Venezuela, Bolivarian Republic of rank for unemployment with advanced education?
- Venezuela, Bolivarian Republic of ranks 48th out of 130 countries with data for 2017.
- Is unemployment with advanced education rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 28.2%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Education and Mismatch Indicators database (EMI), International Labour Organization (ILO), published as part of Unemployment with advanced education (% of total labor force with advanced education). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The percentage of the labor force with an advanced level of education who are unemployed. Advanced education comprises short-cycle tertiary education, a bachelor’s degree or equivalent education level, a master’s degree or equivalent education level, or doctoral degree or equivalent education level according to the International Standard Classification of Education 2011 (ISCED 2011).