Home Bolivia, Plurinational State of Employment Unemployment Rate

Bolivia, Plurinational State of Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

2.97% −2.03pp (-40.7%)
Year 2025 Rank #38 Global Peak 7.90% (2020) Source World Bank

Bolivia, Plurinational State of Unemployment Rate (1991–2025)

Overview

Bolivia, Plurinational State of's unemployment rate stood at 2.97% in 2025, a decline of +2.03pp from 2024. The IMF projects 5.05% by 2025. Bolivia, Plurinational State of ranked 38th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2025* IMF 5.05% - -
2025 2.97% −2.03pp #38
2024 3.27% −1.63pp #50
2023 3.02% −1.72pp #43
2022 3.55% −3.39pp #51
2021 5.09% −3.25pp #74
2020 7.90% +2.89pp #119
2019 3.68% −1.23pp #57
2018 3.52% −1.57pp #48
2017 3.66% −1.03pp #48
2016 3.50% −1.06pp #42
2015 3.11% −0.89pp #34
2014 2.02% −1.98pp #20
2013 2.44% −0.79pp #23
2012 2.07% −1.77pp #17
2011 2.26% −2.12pp #18
Show all years (1991-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +16.1% GDP growth 5.1% C/A balance 7.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Bolivia, Plurinational State of matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bolivia, Plurinational State of's unemployment rate?

Bolivia, Plurinational State of's unemployment rate was 2.97% in 2025. Ranked 38th globally. This represents a 40.7% decrease from the previous year.

What was the highest unemployment rate in Bolivia, Plurinational State of?

Bolivia, Plurinational State of's unemployment rate peaked at 7.90% in 2020.

What was the lowest unemployment rate in Bolivia, Plurinational State of?

The lowest unemployment rate in Bolivia, Plurinational State of was 2.02% in 2014.

How does Bolivia, Plurinational State of rank in unemployment rate?

Bolivia, Plurinational State of ranks 38th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Bolivia, Plurinational State of in 2025?

Bolivia, Plurinational State of's unemployment rate is projected to reach 5.05% by 2025 based on IMF projection.

What is the unemployment rate of Bolivia, Plurinational State of in 2025?

The unemployment rate of Bolivia, Plurinational State of in 2025 was 2.97%. This ranks 38th in the world.

Cite this page

APA
Bolivia, Plurinational State of Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/bolivia-plurinational-state-of/unemployment-rate
BibTeX
@misc{historysaid_bolivia-plurinational-state-of_unemployment-rate, title = {Bolivia, Plurinational State of Unemployment Rate}, url = {https://historysaid.com/bolivia-plurinational-state-of/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }