Unemployment Rate in Peru decreased to 6.10 percent in December from 6.30 percent in November of 2019. Unemployment Rate in Peru averaged 7.78 percent from 2001 until 2019, reaching an all time high of 13 percent in January of 2005 and a record low of 5.60 percent in December of 2012. source: Instituto Nacional de Estadística e Informática (INEI)

Unemployment Rate in Peru is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Peru to stand at 7.20 in 12 months time. In the long-term, the Peru Unemployment Rate is projected to trend around 8.20 percent in 2020, according to our econometric models.


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Peru Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.30 13.00 5.60 2001 - 2019 percent Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-15 01:30 PM Sep 5.8% 5.8% 6%
2019-11-15 02:00 PM Oct 6.4% 5.8% 6%
2019-12-16 02:20 PM Nov 6.3% 6.4% 6.3%
2020-01-15 01:30 PM Dec 6.1% 6.3% 6.3%
2020-02-14 02:10 PM Jan 6.1% 6.6%


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

Peru Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.30 13.00 5.60 percent [+]
Employed Persons 5014.80 4961.90 5014.80 3413.00 Thousand [+]
Unemployed Persons 325.90 335.10 471.10 269.30 Thousand [+]
Wages 1817.49 1832.92 1877.35 732.14 PEN/Month [+]
Minimum Wages 930.00 930.00 931.00 1.00 PEN/Month [+]
Population 32.16 31.83 32.16 9.93 Million [+]
Wages High Skilled 3830.00 4190.00 4190.00 3690.00 PEN/Month [+]
Wages Low Skilled 1250.00 1200.00 1250.00 1120.00 PEN/Month [+]
Living Wage Family 1710.00 1710.00 1710.00 1710.00 PEN/Month [+]
Living Wage Individual 995.00 995.00 995.00 995.00 PEN/Month [+]
Employment Rate 93.90 93.70 94.60 88.70 percent [+]