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:

Venezuela Unemployment Rate

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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Venezuela Key Series

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Includes 193 key indicators for Venezuela, curated by CEIC analysts. Instant access to full history data in excel.
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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