The unemployment rate in Colombia jumped to 14.2 percent in March of 2021 from 12.6 percent in the corresponding month of the previous year, as the number of unemployed rose by 0.47 million to 3.44 million, while employment went up by 0.27 million to 20.80 million. Meantime, the employment rate stood at 51.7 percent, while the activity rate rose to 60.3 percent from 59.2 percent. source: Dane, Colombia

Unemployment Rate in Colombia averaged 11.66 percent from 2001 until 2021, reaching an all time high of 21.40 percent in May of 2020 and a record low of 7.30 percent in November of 2015. This page provides the latest reported value for - Colombia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Unemployment Rate in Colombia is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Colombia to stand at 15.10 in 12 months time. In the long-term, the Colombia Unemployment Rate is projected to trend around 14.50 percent in 2022 and 12.50 percent in 2023, according to our econometric models.

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Colombia Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.20 15.90 21.40 7.30 2001 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 03:00 PM Dec 13.4% 13.3% 12.7%
2021-02-26 03:35 PM Jan 17.3% 13.4% 14%
2021-03-31 03:45 PM Feb 15.9% 17.3% 17.5%
2021-04-30 04:00 PM Mar 14.2% 15.9% 14.8%
2021-05-31 03:00 PM Apr 14.2%
2021-06-30 03:00 PM May
2021-07-30 03:00 PM Jun
2021-08-31 03:00 PM Jul


News Stream
Colombia Jobless Rate Rises to 14.2% in March
The unemployment rate in Colombia jumped to 14.2 percent in March of 2021 from 12.6 percent in the corresponding month of the previous year, as the number of unemployed rose by 0.47 million to 3.44 million, while employment went up by 0.27 million to 20.80 million. Meantime, the employment rate stood at 51.7 percent, while the activity rate rose to 60.3 percent from 59.2 percent.
2021-04-30
Colombia Jobless Rate Jumps to 15.9% in February
The unemployment rate in Colombia jumped to 15.9 percent in February of 2021 from 12.2 percent in the corresponding month of the previous year. The number of unemployed rose by 0.89 million to 3.93 million, while employment dropped by 1.19 million to 20.82 million, of which 0.28 million jobs were lost in arts & entertainment; 0.26 million in the public sector; 0.17 million in electricity, water & waste management; 0.11 million in transport & storage. Meantime, the employment rate fell to 51.8 percent from 55.5 percent in February of 2020, while the activity rate declined to 61.6 percent from 63.2 percent.
2021-03-31
Colombia Jobless Rate Hits 6-Month High
The unemployment rate in Colombia jumped to 17.3 percent in January of 2021 from 13.0 percent in the corresponding month of the previous year. The number of unemployed rose by 0.95 million to 4.17 million, while employment dropped by 1.58 million to 19.97 million, of which 0.40 million jobs were lost in manufacturing industries; 0.39 million in arts & entertainment; 0.28 million in hotels & restaurants; 0.17 million in transport & storage; and 0.12 million in the public sector. Meantime, the employment rate fell to 49.8 percent from 54.4 percent in January of 2020, while the activity rate declined to 60.1 percent from 62.5 percent.
2021-02-26
Colombia Jobless Rate Rises to 13.4%
The unemployment rate in Colombia increased to 13.4 percent in December of 2020 from 9.5 percent in the corresponding month of the previous year. The number of unemployed rose by 907 million to 3.305 million while employment dropped by 1.352 million to 21.409 million. Meantime, the employment rate fell to 53.4 percent from 57.5 percent in December of 2019, while the activity rate declined to 61.7 percent from 63.6 percent.
2021-01-29

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