Unemployment Rate in Cuba remained unchanged at 1.70 percent in 2018 from 1.70 percent in 2017.

Unemployment Rate in Cuba averaged 4.36 percent from 1991 until 2018, reaching an all time high of 9.70 percent in 1991 and a record low of 1.60 percent in 2008. This page provides - Cuba Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Cuba is expected to reach 3.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Unemployment Rate is projected to trend around 2.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Cuba Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.70 9.70 1.60 1991 - 2018 percent Yearly

Cuba Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.70 1.70 9.70 1.60 percent [+]
Population 11.24 11.21 11.27 7.13 Million [+]
Wages 777.00 767.00 777.00 415.00 CUP/Month [+]
Wages In Manufacturing 862.00 1037.00 1037.00 430.00 CUP/Month [+]

Cuba Unemployment Rate
In Cuba, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.