Unemployment, youth total (% of total labor force ages 15-24) in Nicaragua
Nicaragua: Unemployment, youth total (% of total labor force ages 15-24) was 8.5% in 2014. ▼ Falling
Unemployment, youth total (% of total labor force ages 15-24) in Nicaragua, 1989–2014
Source: Labour Force Statistics database (LFS), International Labour Organization (ILO).
Analysis
The most recent figure for unemployment, youth total (% of total labor force ages 15-24) in Nicaragua is 8.5%, measured in 2014.
Compared with earlier readings it is up 6.6% on the previous year and down 1.6% over ten years.
Over the whole period, unemployment, youth total (% of total labor force ages 15-24) in Nicaragua peaked at 9.6% in 1989 and was at its lowest, 6.0%, in 2001.
That places Nicaragua 121st out of 160 countries with data for 2014, putting it in the bottom quarter.
Unemployment, youth total (% of total labor force ages 15-24) in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 9.6% | — |
| 2001 | 6.0% | -37.6% |
| 2006 | 8.6% | +44.1% |
| 2012 | 7.9% | -7.6% |
| 2014 | 8.5% | +6.6% |
Nicaragua compared with similar countries
- Nicaragua's 8.5% is below the median for lower middle income countries, which is 9.0%, 94% of the median. (32 countries reporting)
- Nicaragua's 8.5% is below the median for Latin America & Caribbean, which is 15.1%, 56% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.6% | 9.6% | 9.6% | 1 |
| 2000s | 7.3% | 6.0% | 8.6% | 2 |
| 2010s | 8.2% | 7.9% | 8.5% | 2 |
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, youth total (% of total labor force ages 15-24) in Nicaragua?
- Unemployment, youth total (% of total labor force ages 15-24) in Nicaragua was 8.5% in 2014, according to Labour Force Statistics database (LFS), International Labour Organization (ILO).
- What is the highest unemployment, youth total (% of total labor force ages 15-24) recorded in Nicaragua?
- The highest recorded value was 9.6% in 1989.
- What is the lowest unemployment, youth total (% of total labor force ages 15-24) recorded in Nicaragua?
- The lowest recorded value was 6.0% in 2001.
- How does Nicaragua rank for unemployment, youth total (% of total labor force ages 15-24)?
- Nicaragua ranks 121st out of 160 countries with data for 2014.
- Is unemployment, youth total (% of total labor force ages 15-24) rising or falling in Nicaragua?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Labour Force Statistics database (LFS), International Labour Organization (ILO), published as part of Unemployment, youth total (% of total labor force ages 15-24) (national estimate). Statizoid updates them automatically from the source API.
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About this data
Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Definitions of labor force and unemployment differ by country.