Unemployment Rate in Peru increased to 9 percent in May from 7.80 percent in March of 2020.

Unemployment Rate in Peru averaged 7.77 percent from 2001 until 2020, reaching an all time high of 13 percent in January of 2005 and a record low of 5.60 percent in December of 2012. This page provides - Peru Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Instituto Nacional de Estadística e Informática (INEI)

Unemployment Rate in Peru is expected to be 9.80 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 9.30 in 12 months time. In the long-term, the Peru Unemployment Rate is projected to trend around 9.50 percent in 2021 and 9.10 percent in 2022, according to our econometric models.

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Peru Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.00 7.80 13.00 5.60 2001 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-02-14 02:00 PM Jan 6.3% 6.1% 6.3%
2020-03-16 04:30 PM Feb 7.1% 6.3% 6.7%
2020-04-15 01:30 PM Mar 7.8% 7.1% 7.7%
2020-05-15 04:00 PM Apr 9% 7.8% 8.2%
2020-06-17 10:00 PM May 9% 9.4%
2020-07-16 04:25 PM Jun 9.8%
2020-08-14 02:10 PM Jul
2020-09-16 07:00 PM Aug

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.