Unemployment Rate in El Salvador decreased to 6.40 percent in 2018 from 7 percent in 2017. El Salvador Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Unemployment Rate in El Salvador averaged 6.87 percent from 1995 until 2018, reaching an all time high of 7.97 percent in 1997 and a record low of 5.88 percent in 2008. This page provides - El Salvador Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in El Salvador is expected to reach 6.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Unemployment Rate is projected to trend around 6.80 percent in 2021, according to our econometric models.

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El Salvador Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.40 7.00 7.97 5.88 1995 - 2018 percent Yearly

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