Unemployment Rate in Honduras decreased to 5.70 percent in 2018 from 6.70 percent in 2017. Unemployment Rate in Honduras averaged 5.11 percent from 1974 until 2018, reaching an all time high of 12.10 percent in 1986 and a record low of 3 percent in 2008.

Unemployment Rate in Honduras is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Honduras Unemployment Rate is projected to trend around 7.30 percent in 2020, according to our econometric models.

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Honduras Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.70 6.70 12.10 3.00 1974 - 2018 percent Yearly

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

Honduras Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 6.70 12.10 3.00 percent [+]
Population 9.01 8.87 9.01 2.00 Million [+]
Living Wage Family 9210.00 9210.00 9210.00 9210.00 HNL/Month [+]
Living Wage Individual 5350.00 5350.00 5350.00 5350.00 HNL/Month [+]
Wages High Skilled 16500.00 17200.00 17200.00 15000.00 HNL/Month [+]
Wages Low Skilled 8210.00 8800.00 8800.00 5730.00 HNL/Month [+]