Unemployment Rate in Nicaragua decreased to 3.10 percent in the second quarter of 2022 from 3.80 percent in the first quarter of 2022. source: Banco Central De Nicaragua

Unemployment Rate in Nicaragua averaged 6.63 percent from 1963 until 2022, reaching an all time high of 17.80 percent in the fourth quarter of 1993 and a record low of 1.60 percent in the fourth quarter of 1963. This page provides - Nicaragua Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Unemployment Rate in Nicaragua is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Unemployment Rate is projected to trend around 4.60 percent in 2023, according to our econometric models.

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Nicaragua Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2013-03-22 09:00 PM 2012 7.4% 6.3%

Related Last Previous Unit Reference
Unemployment Rate 3.10 3.80 percent Jun 2022
Wages 11.71 11.33 NIO Thousands/Month Mar 2023

Nicaragua Unemployment Rate
In Nicaragua, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.80 17.80 1.60 1963 - 2022 percent Quarterly