Argentina Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
Argentina's unemployment rate was 7.15% in 2025, ranked 127th globally. This represents a 0.1% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Argentina's unemployment rate stood at 7.15% in 2025, a decline of +0.01pp from 2024. The IMF projects 7.50% by 2025. Argentina ranked 127th globally.
Argentina’s unemployment rate has risen from a trough of 3.00 % in 1980 to an all‑time peak of 19.59 % during the 2002 crisis, reflecting the severe macro‑economic dislocation that followed the sovereign default and devaluation of the peso. After a long decline, the rate stabilized at 7.14 % in 2025, placing the country 127th in the World Bank’s global ranking and positioning it close to peers such as Serbia (7.12 %) and Uruguay (7.52 %). The post‑crisis recovery was driven by modest growth in services and a gradual return of foreign investment, yet structural rigidities in the labor market and recurring fiscal imbalances have kept unemployment above pre‑crisis levels. Continued reforms aimed at enhancing labor market flexibility, coupled with sustained fiscal consolidation, could further reduce the unemployment rate and improve Argentina’s standing relative to its regional counterparts.
Data & projection
| Year | Unemployment Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 6.50% | - | - |
| 2029* IMF | 6.50% | - | - |
| 2028* IMF | 6.50% | - | - |
| 2027* IMF | 6.50% | - | - |
| 2026* IMF | 6.63% | - | - |
| 2025* IMF | 7.50% | - | - |
| 2025 | 7.15% | −0.01pp | #127 |
| 2024 | 7.15% | +1.03pp | #131 |
| 2023 | 6.14% | −0.69pp | #119 |
| 2022 | 6.81% | −1.95pp | #124 |
| 2021 | 8.74% | −2.81pp | #130 |
| 2020 | 11.46% | +1.64pp | #145 |
| 2019 | 9.84% | +0.64pp | #143 |
| 2018 | 9.22% | +0.87pp | #140 |
| 2017 | 8.35% | −0.12pp | #128 |
| 2016 | 8.09% | +1.56pp | #124 |
| 2015 | 7.58% | +0.33pp | #114 |
| 2014 | 7.27% | +0.19pp | #107 |
| 2013 | 7.10% | −0.10pp | #101 |
| 2012 | 7.22% | +0.07pp | #101 |
| 2011 | 7.18% | −0.57pp | #103 |
Detected Pattern
Analysis
Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically, 57% of countries showing this pattern (177 out of 311) saw unemployment rate improve within 24 months. View full analysis →
Frequently Asked Questions
Argentina's unemployment rate was 7.15% in 2025. Ranked 127th globally. This represents a 0.1% decrease from the previous year.
Argentina's unemployment rate peaked at 19.59% in 2002.
The lowest unemployment rate in Argentina was 3.00% in 1980.
Argentina ranks 127th globally in unemployment rate as of 2025.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
Argentina's unemployment rate is projected to reach 7.50% by 2025 based on IMF projection.
The unemployment rate of Argentina in 2025 was 7.15%. This ranks 127th in the world.
Cite this page
@misc{historysaid_argentina_unemployment-rate,
title = {Argentina Unemployment Rate},
url = {https://historysaid.com/argentina/unemployment-rate/},
publisher = {HistorySaid},
year = {2026}
}