Unemployment in Venezuela
In the decade to 2018, the unemployment rate in Venezuela averaged 7.5%, slightly below the 7.7% average for Latin America. The unemployment rate in 2018 stood at 6.9%. For more unemployment information, visit our dedicated page.
Venezuela Unemployment Chart
Note: This chart displays Unemployment Rate for Venezuela from 2009 to 2018.
Source: Macrobond.
Venezuela Unemployment Data
| 2019 | 2020 | 2021 | 2022 | 2023 |
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How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Venezuelan unemployment projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable unemployment forecast available for Venezuelan unemployment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Venezuelan unemployment projections.
Want to get access to the full dataset of Venezuelan unemployment forecasts? Send an email to info@focus-economics.com.