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Costa Rica Unemployment Rate

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

6.84% −0.04pp (-0.5%)
Year 2025 Rank #123 Global Peak 16.43% (2020) Source World Bank

Costa Rica Unemployment Rate (1980–2025)

Overview

Costa Rica's unemployment rate stood at 6.84% in 2025, a decline of +0.04pp from 2024. The IMF projects 7.50% by 2025. Costa Rica ranked 123rd globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 8.50% - -
2029* IMF 8.50% - -
2028* IMF 8.50% - -
2027* IMF 8.50% - -
2026* IMF 8.00% - -
2025* IMF 7.50% - -
2025 6.84% −0.04pp #123
2024 6.94% −0.36pp #129
2023 8.33% −3.34pp #141
2022 11.33% −2.36pp #155
2021 15.14% −4.84pp #168
2020 16.43% +4.02pp #171
2019 10.81% −1.14pp #150
2018 9.01% −0.28pp #137
2017 7.73% −1.81pp #121
2016 8.09% −1.52pp #123
2015 8.42% −1.24pp #121
2014 8.50% +0.19pp #122
2013 8.22% −1.63pp #118
2012 9.11% −1.38pp #126
2011 9.52% +0.31pp #130
Show all years (1980-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 23.2% Rate 36.7% Gap +13.5pp Reserves YoY +16.9%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Costa Rica matched the Orthodox Tightening Cycle pattern in 1995. Historically, 57% of countries showing this pattern (177 out of 311) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Costa Rica's unemployment rate?

Costa Rica's unemployment rate was 6.84% in 2025. Ranked 123rd globally. This represents a 0.5% decrease from the previous year.

What was the highest unemployment rate in Costa Rica?

Costa Rica's unemployment rate peaked at 16.43% in 2020.

What was the lowest unemployment rate in Costa Rica?

The lowest unemployment rate in Costa Rica was 3.77% in 1989.

How does Costa Rica rank in unemployment rate?

Costa Rica ranks 123rd 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 Costa Rica in 2025?

Costa Rica's unemployment rate is projected to reach 7.50% by 2025 based on IMF projection.

What is the unemployment rate of Costa Rica in 2025?

The unemployment rate of Costa Rica in 2025 was 6.84%. This ranks 123rd in the world.

Cite this page

APA
Costa Rica Unemployment Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/costa-rica/unemployment-rate
BibTeX
@misc{historysaid_costa-rica_unemployment-rate, title = {Costa Rica Unemployment Rate}, url = {https://historysaid.com/costa-rica/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }