Venezuela Unemployment Rate
1999 - 2018 | Monthly | % | National Institute of Statistics
Key information about Venezuela Unemployment Rate
- Venezuela Unemployment Rate dropped to 6.35% in Dec 2018, from the previously reported figure 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 33.73 million people in Jun 2023.
View Venezuela's Unemployment Rate from Jan 1999 to Dec 2018 in the chart:
What was Venezuela's Unemployment Rate in Dec 2018?
Venezuela Unemployment Rate dropped to 6.35% in Dec 2018, from the previously reported figure of 7.34% in Nov 2018. See the table below for more data.
| 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 (%) | 10.54 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Algeria (%) | 11.40 Jun 2019 | quarterly | Mar 2014 - Jun 2019 |
| Argentina (%) | 6.90 Mar 2023 | quarterly | Jun 1990 - Mar 2023 |
| Armenia (%) | 12.00 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Australia (%) | 3.70 Feb 2024 | monthly | Feb 1978 - Feb 2024 |
| Austria (%) | 4.90 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Azerbaijan (%) | 5.64 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Bahrain (%) | 5.90 2020 | yearly | 1991 - 2020 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.10 Feb 2024 | monthly | Oct 2004 - Feb 2024 |
| Belgium (%) | 5.50 Feb 2024 | monthly | Jan 1983 - Feb 2024 |
| Bolivia (%) | 2.83 Dec 2023 | quarterly | Dec 2015 - Dec 2023 |
| Bosnia and Herzegovina (%) | 13.20 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 20.68 2022 | yearly | 1991 - 2022 |
| Brazil (%) | 7.80 Feb 2024 | monthly | Mar 2012 - Feb 2024 |
| Brunei (%) | 5.20 2022 | yearly | 1981 - 2022 |
| Bulgaria (%) | 4.20 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Cambodia (%) | 2.40 2020 | yearly | 2020 - 2020 |
| Canada (%) | 6.10 Mar 2024 | monthly | Jan 1976 - Mar 2024 |
| Chile (%) | 8.50 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| China (%) | 5.10 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Colombia (%) | 12.12 Mar 2022 | monthly | Jan 2021 - Mar 2022 |
| Croatia (%) | 6.80 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Cyprus (%) | 6.40 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Czech Republic (%) | 2.73 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Denmark (%) | 4.90 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Ecuador (%) | 3.38 Dec 2023 | quarterly | Dec 2013 - Dec 2023 |
| Egypt (%) | 6.90 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Estonia (%) | 5.30 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| European Union (%) | 6.00 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Finland (%) | 6.90 Apr 2023 | monthly | Jan 1988 - Apr 2023 |
| France (%) | 7.20 Jun 2023 | quarterly | Mar 1975 - Jun 2023 |
| Georgia (%) | 17.26 2022 | yearly | 1991 - 2022 |
| Germany (%) | 3.20 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Ghana (%) | 3.56 2023 | yearly | 1991 - 2023 |
| Greece (%) | 11.20 Apr 2023 | monthly | Apr 1998 - Apr 2023 |
| Hong Kong SAR, China (%) | 2.90 Feb 2024 | monthly | Oct 1981 - Feb 2024 |
| Hungary (%) | 4.70 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Iceland (%) | 3.68 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 5.32 2023 | yearly | 1984 - 2023 |
| Iran (%) | 8.90 Dec 2021 | quarterly | Jun 2001 - Dec 2021 |
| Ireland (%) | 4.10 Jul 2023 | monthly | Jan 1998 - Jul 2023 |
| Israel (%) | 3.30 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Italy (%) | 7.46 Feb 2024 | monthly | Jan 1983 - Feb 2024 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 2.60 Feb 2024 | monthly | Jan 1953 - Feb 2024 |
| Jordan (%) | 21.40 Nov 2023 | quarterly | Feb 2000 - Nov 2023 |
| Kazakhstan (%) | 4.70 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 2.60 Feb 2024 | monthly | Jun 1999 - Feb 2024 |
| Kosovo (%) | 11.50 Mar 2023 | quarterly | Mar 2016 - Mar 2023 |
| Kuwait (%) | 0.93 2021 | yearly | 1999 - 2021 |
| Kyrgyzstan (%) | 4.90 2022 | yearly | 1992 - 2022 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 6.90 Jan 2024 | monthly | Jan 1998 - Jan 2024 |
| Lebanon (%) | 29.56 2021 | yearly | 2004 - 2021 |
| Lithuania (%) | 7.40 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Luxembourg (%) | 5.57 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Macau SAR, China (%) | 2.20 Feb 2024 | monthly | Sep 1996 - Feb 2024 |
| North Macedonia (%) | 13.00 Dec 2023 | quarterly | Mar 2023 - Dec 2023 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 3.30 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Malta (%) | 2.85 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 2.58 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Moldova (%) | 5.55 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Mongolia (%) | 3.92 Dec 2023 | quarterly | Sep 2006 - Dec 2023 |
| Montenegro (%) | 12.20 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Morocco (%) | 12.40 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Mozambique (%) | 3.67 2023 | yearly | 1991 - 2023 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.10 Jul 2021 | monthly | Jan 2003 - Jul 2021 |
| New Zealand (%) | 4.00 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Nigeria (%) | 4.10 Mar 2023 | quarterly | Dec 2022 - Mar 2023 |
| Norway (%) | 3.90 Jan 2024 | monthly | Jan 1989 - Jan 2024 |
| Oman (%) | 3.30 Feb 2024 | monthly | Mar 2018 - Feb 2024 |
| Pakistan (%) | 6.30 2021 | yearly | 1980 - 2021 |
| Palestinian Territory (%) | 24.10 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Panama (%) | 11.30 2021 | yearly | 2003 - 2021 |
| Paraguay (%) | 5.23 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Peru (%) | 7.30 Feb 2024 | monthly | Mar 2001 - Feb 2024 |
| Philippines (%) | 4.50 Apr 2023 | quarterly | Jul 1982 - Apr 2023 |
| Poland (%) | 5.40 Feb 2024 | monthly | Jan 1990 - Feb 2024 |
| Portugal (%) | 7.20 Jan 2021 | monthly | Feb 1998 - Jan 2021 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.60 Apr 2023 | monthly | Jan 2004 - Apr 2023 |
| Russia (%) | 2.80 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
| Saudi Arabia (%) | 4.43 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Serbia (%) | 9.10 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Singapore (%) | 1.90 May 2023 | monthly | Mar 2020 - May 2023 |
| Slovakia (%) | 3.92 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Slovenia (%) | 3.40 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| South Africa (%) | 32.10 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Spain (%) | 11.76 Dec 2023 | quarterly | Sep 1976 - Dec 2023 |
| Sri Lanka (%) | 4.30 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 7.22 Apr 2023 | monthly | Jan 1983 - Apr 2023 |
| Switzerland (%) | 4.01 Dec 2023 | monthly | Jan 1991 - Dec 2023 |
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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 (VED bn) | 77.122 2022 | yearly | 2018 - 2022 |
| Forecast: Government Net Debt (VED bn) | 1,025.990 2022 | yearly | 2018 - 2022 |
| Forecast: Government Revenue (VED bn) | 38.363 2022 | yearly | 2019 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 14.278 2024 | yearly | 1983 - 2024 |
| 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) | 42,334.950 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 1,928.464 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 3,700.976 2022 | yearly | 1995 - 2022 |
| 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) | 381,424.669 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 162,048.898 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 334.587 Dec 2023 | monthly | Jan 1981 - Dec 2023 |
| Total Imports from USA (USD mn) | 259.513 Dec 2023 | monthly | Jan 1981 - Dec 2023 |
| Total Exports to China (USD mn) | 36.463 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Total Imports from China (USD mn) | 398.033 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Exports: ytd: Netherlands (USD mn) | 210.219 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Metal (USD mn) | 227.068 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: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mexico (USD mn) | 31.886 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Transportation (USD mn) | 143.917 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Brazil (USD mn) | 3,405.413 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: Mineral (USD mn) | 1,074.772 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Germany (USD mn) | 862.891 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: China (USD mn) | 4,614.360 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: Paper (USD mn) | 610.290 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Colombia (USD mn) | 1,758.351 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: Plastic and Manufacturing Product (USD mn) | 1,562.038 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 (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 2017 | yearly | 1997 - 2017 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 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) | 3.318 2024 | yearly | 1980 - 2024 |
| Net International Investment Position (USD mn) | 110,721.000 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: Financial Account: Portfolio Investment: Liabilities (USD mn) | 581.000 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 (USD mn) | -1,617.000 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: Reserves: Assets (USD mn) | -325.000 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: Current Account: Services (USD mn) | -1,663.000 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: Current Account: Income (USD mn) | -1,975.000 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: Net Errors and Omissions (USD mn) | -620.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Liabilities (USD mn) | 110,250.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| IIP: Assets (USD mn) | 220,971.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| International Investment Position (IIP) (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Public: Total (USD mn) | 91,514.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Private: Total (USD mn) | 18,645.000 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) | 6.427 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Money Supply M1 (USD mn) | 2,215.434 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Money Supply M2 (USD mn) | 2,218.030 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| M2 Growth (%) | 204.5 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Reserve Requirement Ratio (%) | 73.0 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 9,803.0 Mar 2024 | monthly | Dec 1961 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.048 2017 | yearly | 1995 - 2017 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.1 Dec 2023 | monthly | Jan 1981 - Dec 2023 |
| Gold Reserves (USD mn) | 3,860.418 Feb 2024 | monthly | Dec 1950 - Feb 2024 |
| Total Deposits (USD mn) | 159.256 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Total Deposits Growth (%) | 344.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| 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) | 27.5 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans (USD mn) | 881.730 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans Growth (%) | 1,260.58 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Private Debt: % of Nominal GDP (%) | 39.51 2014 | yearly | 1960 - 2014 |
| International Reserve: Total (USD mn) | 9,803.000 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
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