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Chile Unemployment Rate

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

8.97% +0.51pp (+6.1%)
Year 2025 Rank #140 Global Peak 21.00% (1983) Source World Bank

Chile Unemployment Rate (1980–2025)

Overview

Chile's unemployment rate stood at 8.97% in 2025, a rise of +0.51pp from 2024. The IMF projects 8.63% by 2025. Chile ranked 140th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 7.85% - -
2029* IMF 7.83% - -
2028* IMF 7.97% - -
2027* IMF 8.16% - -
2026* IMF 8.32% - -
2025* IMF 8.63% - -
2025 8.97% +0.51pp #140
2024 8.72% +0.04pp #143
2023 9.01% +1.14pp #145
2022 8.25% −0.61pp #137
2021 9.28% −1.49pp #134
2020 10.93% +3.71pp #141
2019 7.49% +0.12pp #127
2018 7.62% +0.66pp #124
2017 7.26% +0.57pp #118
2016 6.93% +0.60pp #106
2015 6.61% +0.11pp #96
2014 6.76% +0.68pp #99
2013 6.36% −0.23pp #93
2012 6.79% −0.51pp #95
2011 7.49% −0.81pp #107
Show all years (1980-2025)
* 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 +10.0% GDP growth 5.9% C/A balance 0.9%
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

Chile matched the Export Boom Cycle pattern in 2010. 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 Chile's unemployment rate?

Chile's unemployment rate was 8.97% in 2025. Ranked 140th globally. This represents a 6.1% increase from the previous year.

What was the highest unemployment rate in Chile?

Chile's unemployment rate peaked at 21.00% in 1983.

What was the lowest unemployment rate in Chile?

The lowest unemployment rate in Chile was 4.35% in 1992.

How does Chile rank in unemployment rate?

Chile ranks 140th 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 Chile in 2025?

Chile's unemployment rate is projected to reach 8.63% by 2025 based on IMF projection.

What is the unemployment rate of Chile in 2025?

The unemployment rate of Chile in 2025 was 8.97%. This ranks 140th in the world.

Cite this page

APA
Chile Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/chile/unemployment-rate
BibTeX
@misc{historysaid_chile_unemployment-rate, title = {Chile Unemployment Rate}, url = {https://historysaid.com/chile/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }