Venezuela Unemployment Rate
1999 - 2018 | Monthly | % | National Institute of Statistics
Venezuela Unemployment Rate dropped to 6.35 % in Dec 2018, from the previously reported number of 7.34 % in Nov 2018. Venezuela Unemployment Rate is updated monthly, available from Jan 1999 to Dec 2018, with an average rate of 8.42 %. The data reached an all-time high of 20.70 % in Feb 2003 and a record low of 5.53 % in Dec 2014. The data is reported by reported by National Institute of Statistics.
In the latest reports, Venezuela Population reached 32.61 million people in Jun 2020. The country's Labour Force Participation Rate increased to 67.87 % in Dec 2018.
View Venezuela's Unemployment Rate from Jan 1999 to Dec 2018 in the chart:
What was Venezuela's Unemployment Rate in Dec 2018?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.35 Dec 2018 | 7.34 Nov 2018 | 5.53 Dec 2014 | 20.70 Feb 2003 | % | monthly | Jan 1999 - Dec 2018 |
Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 11.80 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Algeria (%) | 11.70 Sep 2017 | quarterly | Jun 2014 - Sep 2017 |
| Argentina (%) | 13.10 Jun 2020 | quarterly | Dec 2002 - Jun 2020 |
| Armenia (%) | 18.10 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Australia (%) | 7.00 Oct 2020 | monthly | Feb 1978 - Oct 2020 |
| Austria (%) | 5.52 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Azerbaijan (%) | 6.94 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Bahrain (%) | 4.30 2016 | yearly | 1991 - 2016 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.20 Jan 2021 | monthly | Oct 2004 - Jan 2021 |
| Belgium (%) | 5.20 Sep 2020 | monthly | Jan 1983 - Sep 2020 |
| Bolivia (%) | 3.40 2017 | yearly | 1999 - 2017 |
| Bosnia and Herzegovina (%) | 15.70 2019 | yearly | 2006 - 2019 |
| Botswana (%) | 18.72 2020 | yearly | 1991 - 2020 |
| Brazil (%) | 14.20 Jan 2021 | monthly | Mar 2012 - Jan 2021 |
| Brunei (%) | 8.37 2020 | yearly | 1991 - 2020 |
| Bulgaria (%) | 5.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cambodia (%) | 0.10 2017 | yearly | 2007 - 2017 |
| Canada (%) | 8.90 Oct 2020 | monthly | Jan 1976 - Oct 2020 |
| Chile (%) | 11.60 Oct 2020 | monthly | Mar 2009 - Oct 2020 |
| China (%) | 4.24 Dec 2020 | quarterly | Dec 1999 - Dec 2020 |
| Colombia (%) | 15.77 Sep 2020 | monthly | Jan 2001 - Sep 2020 |
| Croatia (%) | 9.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cyprus (%) | 8.00 Sep 2020 | monthly | Jan 2000 - Sep 2020 |
| Czech Republic (%) | 2.79 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Denmark (%) | 5.80 Oct 2020 | monthly | Jan 2007 - Oct 2020 |
| Ecuador (%) | 4.96 Dec 2020 | quarterly | Dec 2013 - Dec 2020 |
| Egypt (%) | 7.20 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| Estonia (%) | 7.70 Sep 2020 | quarterly | Mar 1989 - Sep 2020 |
| European Union (%) | 6.20 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Finland (%) | 8.20 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| France (%) | 8.00 Dec 2020 | quarterly | Mar 1975 - Dec 2020 |
| Georgia (%) | 11.57 2019 | yearly | 1991 - 2019 |
| Germany (%) | 4.50 Sep 2020 | monthly | Jan 1991 - Sep 2020 |
| Ghana (%) | 4.51 2020 | yearly | 1991 - 2020 |
| Greece (%) | 16.80 Aug 2020 | monthly | Apr 1998 - Aug 2020 |
| Hong Kong SAR, China (%) | 6.40 Oct 2020 | monthly | Oct 1981 - Oct 2020 |
| Hungary (%) | 4.30 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Iceland (%) | 5.60 Sep 2020 | monthly | Jan 2003 - Sep 2020 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 7.07 2020 | yearly | 1984 - 2020 |
| Iran (%) | 10.60 Mar 2020 | quarterly | Jun 2001 - Mar 2020 |
| Ireland (%) | 7.30 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Israel (%) | 4.71 Oct 2020 | monthly | Jan 2012 - Oct 2020 |
| Italy (%) | 8.99 Dec 2020 | monthly | Jan 1983 - Dec 2020 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 3.00 Sep 2020 | monthly | Jan 1953 - Sep 2020 |
| Jordan (%) | 23.00 May 2020 | quarterly | Feb 2000 - May 2020 |
| Kazakhstan (%) | 5.00 Jul 2020 | monthly | Jan 2001 - Jul 2020 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 4.00 Feb 2021 | monthly | Jun 1999 - Feb 2021 |
| Kosovo (%) | 29.10 Mar 2020 | quarterly | Mar 2016 - Mar 2020 |
| Kuwait (%) | 2.09 2018 | yearly | 1999 - 2018 |
| Kyrgyzstan (%) | 5.50 2019 | yearly | 1992 - 2019 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 8.00 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Lebanon (%) | 11.35 2018 | yearly | 2004 - 2018 |
| Lithuania (%) | 10.40 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Luxembourg (%) | 6.28 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Macau SAR, China (%) | 2.70 Jan 2021 | monthly | Sep 1996 - Jan 2021 |
| North Macedonia (%) | 16.14 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 5.40 May 2020 | monthly | Jan 2016 - May 2020 |
| Malta (%) | 4.60 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 3.26 Mar 2020 | monthly | Jan 2005 - Mar 2020 |
| Moldova (%) | 4.22 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| Mongolia (%) | 7.57 Dec 2020 | quarterly | Sep 2006 - Dec 2020 |
| Montenegro (%) | 19.00 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Morocco (%) | 12.20 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Mozambique (%) | 3.24 2020 | yearly | 1991 - 2020 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.80 Mar 2020 | monthly | Jan 2003 - Mar 2020 |
| New Zealand (%) | 4.90 Dec 2020 | quarterly | Mar 1986 - Dec 2020 |
| Nigeria (%) | 27.11 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Norway (%) | 5.20 Sep 2020 | monthly | Jan 1989 - Sep 2020 |
| Oman (%) | 2.80 Oct 2020 | monthly | Mar 2018 - Oct 2020 |
| Pakistan (%) | 5.79 2018 | yearly | 1980 - 2018 |
| Palestinian Territory (%) | 23.40 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| Panama (%) | 7.10 2019 | yearly | 2003 - 2019 |
| Paraguay (%) | 8.16 Sep 2020 | quarterly | Mar 2017 - Sep 2020 |
| Peru (%) | 16.43 Oct 2020 | monthly | Mar 2001 - Oct 2020 |
| Philippines (%) | 10.00 Jul 2020 | quarterly | Jul 1982 - Jul 2020 |
| Poland (%) | 6.10 Oct 2020 | monthly | Jan 1990 - Oct 2020 |
| Portugal (%) | 7.50 Oct 2020 | monthly | Feb 1998 - Oct 2020 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.70 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Russia (%) | 6.35 Sep 2020 | monthly | Jan 1994 - Sep 2020 |
| Saudi Arabia (%) | 8.98 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Serbia (%) | 9.90 Dec 2020 | quarterly | Mar 2014 - Dec 2020 |
| Singapore (%) | 3.60 Sep 2020 | quarterly | Mar 1987 - Sep 2020 |
| Slovakia (%) | 7.35 Oct 2020 | monthly | Jan 2006 - Oct 2020 |
| Slovenia (%) | 5.10 Dec 2020 | quarterly | Jun 1997 - Dec 2020 |
| South Africa (%) | 32.50 Dec 2020 | quarterly | Mar 2008 - Dec 2020 |
| Spain (%) | 16.13 Dec 2020 | quarterly | Sep 1976 - Dec 2020 |
| Sri Lanka (%) | 5.20 Dec 2020 | quarterly | Jun 2012 - Dec 2020 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 8.91 Oct 2020 | monthly | Jan 1983 - Oct 2020 |
| Switzerland (%) | 5.01 Dec 2020 | monthly | Jan 1991 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.9 2012 | yearly | 1998 - 2012 |
| National Government Debt (USD mn) | 105,131.7 2016 | yearly | 1996 - 2016 |
| Government Debt: % of GDP (%) | 3.5 2016 | yearly | 1997 - 2016 |
| Forecast: Government Expenditure (VES bn) | 258,218.560 2020 | yearly | 2004 - 2020 |
| Forecast: Government Net Debt (VES bn) | 7,185,787.700 2020 | yearly | 2003 - 2020 |
| Forecast: Government Revenue (VES bn) | 138,979.240 2020 | yearly | 2004 - 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -6.656 2022 | yearly | 1983 - 2022 |
| Trade Balance (USD mn) | -3,437.1 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Total Exports (USD mn) | 196.9 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Total Exports Growth (%) | 37.5 Oct 2014 | monthly | Jan 1995 - Oct 2014 |
| Aluminum: Exports (USD th) | 62,702.126 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 3,713.628 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 7,301.376 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 3,634.0 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Total Imports Growth (%) | -12.8 Oct 2014 | monthly | Jan 1995 - Oct 2014 |
| Imports: Medicament (USD th) | 263,092.957 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 103,351.637 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 14.853 Oct 2020 | monthly | Jan 1981 - Oct 2020 |
| Total Imports from USA (USD mn) | 88.507 Aug 2020 | monthly | Jan 1981 - Aug 2020 |
| Total Exports to China (USD mn) | 31.019 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Total Imports from China (USD mn) | 191.512 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mexico (USD mn) | 31.886 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Netherlands (USD mn) | 210.219 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Chemical Product (USD mn) | 1,016.192 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Metal (USD mn) | 227.068 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Transportation (USD mn) | 143.917 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Brazil (USD mn) | 3,405.413 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: China (USD mn) | 4,614.360 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Colombia (USD mn) | 1,758.351 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Germany (USD mn) | 862.891 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Agricultural (Vegetal) (USD mn) | 4,399.031 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: United States (USD mn) | 7,699.659 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Food, Beverages and Tobacco (USD mn) | 2,281.712 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Paper (USD mn) | 610.290 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Plastic and Manufacturing Product (USD mn) | 1,562.038 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Mineral (USD mn) | 1,074.772 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 234.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
| Current Account Balance (USD mn) | 2,533.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
| Current Account Balance: % of GDP (%) | 0.0 2017 | yearly | 1970 - 2017 |
| Foreign Direct Investment (USD mn) | 105.0 Mar 2019 | quarterly | Mar 1994 - Mar 2019 |
| Foreign Direct Investment: % of GDP (%) | -0.0 2017 | yearly | 1970 - 2017 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 2017 | yearly | 1997 - 2017 |
| Foreign Portfolio Investment (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt (USD mn) | 110,159.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: % of GDP (%) | 0.6 2017 | yearly | 1997 - 2017 |
| External Debt: Short Term (USD mn) | 44,489.0 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Short Term: % of GDP (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Forecast: Current Account Balance (USD bn) | -0.920 2022 | yearly | 1980 - 2022 |
| Net International Investment Position (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Other Investment (USD mn) | -2,073.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Current Account: Income (USD mn) | -1,975.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Current Account: Goods (USD mn) | 5,680.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Capital Account (USD mn) | 0.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account (USD mn) | -1,617.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Direct Investment (USD mn) | -129.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Portfolio Investment (USD mn) | 585.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) | 4.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Net Errors and Omissions (USD mn) | -620.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Reserves: Assets (USD mn) | -325.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Balance of Payments: Current Account: Services (USD mn) | -1,663.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| International Investment Position (IIP) (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Assets (USD mn) | 220,971.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Liabilities (USD mn) | 110,250.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Private: Total (USD mn) | 18,645.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Long Term (LT) (USD mn) | 65,670.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.3 Jul 2018 | monthly | Jan 2004 - Jul 2018 |
| Household Debt: % of GDP (%) | 3.4 2017 | yearly | 2004 - 2017 |
| Non-Performing Loans (USD mn) | 9.754 Jan 2021 | monthly | Jan 2004 - Jan 2021 |
| Money Supply M1 (USD mn) | 436.365 Feb 2021 | monthly | Jan 1996 - Feb 2021 |
| Money Supply M2 (USD mn) | 437.278 Feb 2021 | monthly | Jan 1996 - Feb 2021 |
| M2 Growth (%) | 1,281.8 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Reserve Requirement Ratio (%) | 85.0 Jan 2021 | monthly | Jan 2004 - Jan 2021 |
| Foreign Exchange Reserves (USD mn) | 3,330.0 Aug 2019 | monthly | Jan 1962 - Aug 2019 |
| Foreign Exchange Reserves: % of GDP (%) | 0.009 2017 | yearly | 1995 - 2017 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.5 Oct 2014 | monthly | Jan 1994 - Oct 2014 |
| Gold Reserves (USD mn) | 6,764.000 Jun 2018 | monthly | Dec 1950 - Jun 2018 |
| Total Deposits Growth (%) | 1,337.3 Feb 2021 | monthly | Jan 2006 - Feb 2021 |
| Total Deposits (USD mn) | 44.619 Jan 2021 | monthly | Jan 2005 - Jan 2021 |
| Domestic Credit (USD mn) | 279,943.9 Aug 2014 | monthly | Jan 1966 - Aug 2014 |
| Domestic Credit Growth (%) | 70.2 Aug 2014 | monthly | Jan 1967 - Aug 2014 |
| Household Debt (USD mn) | 7.4 Jan 2021 | monthly | Jan 2004 - Jan 2021 |
| Total Loans (USD mn) | 272.298 Jan 2021 | monthly | Jan 2004 - Jan 2021 |
| Total Loans Growth (%) | 1,242.02 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
| Private Debt: % of Nominal GDP (%) | 39.51 2014 | yearly | 1960 - 2014 |
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