Honduras Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
Honduras's unemployment rate was 4.92% in 2025, ranked 83rd globally. This represents a 38.5% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Honduras's unemployment rate stood at 4.92% in 2025, a decline of +3.09pp from 2024. The IMF projects 8.00% by 2025. Honduras ranked 83rd globally.
Honduras’ unemployment rate has fallen to 4.92 % in 2025, placing the country 83rd in the World Bank ranking and aligning it with peers such as Cyprus (4.92 %) and Paraguay (4.80 %). This level is markedly lower than the all‑time peak of 10.98 % recorded in 2020, a surge that reflected the pandemic‑induced contraction in tourism and remittances. The earlier trough of 3.06 % in 1992 occurred during a period of modest economic liberalisation and modest growth, but the subsequent decades saw fluctuations tied to external shocks and domestic policy shifts. Over the 46‑year coverage span, the unemployment rate has trended downward since the 2020 peak, supported by gradual diversification of the export base and modest improvements in labor market formalisation. Continued investment in vocational training and integration into regional value chains will be crucial to sustain the decline and prevent a reversal toward higher joblessness.
Data & projection
| Year | Unemployment Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 8.00% | - | - |
| 2029* IMF | 8.00% | - | - |
| 2028* IMF | 8.00% | - | - |
| 2027* IMF | 8.00% | - | - |
| 2026* IMF | 8.00% | - | - |
| 2025* IMF | 8.00% | - | - |
| 2025 | 4.92% | −3.09pp | #83 |
| 2024 | 4.91% | −3.17pp | #90 |
| 2023 | 6.07% | −2.83pp | #117 |
| 2022 | 8.77% | +0.20pp | #141 |
| 2021 | 8.51% | −2.41pp | #128 |
| 2020 | 10.98% | +5.60pp | #142 |
| 2019 | 5.70% | +0.05pp | #106 |
| 2018 | 5.65% | +0.12pp | #103 |
| 2017 | 5.53% | −1.20pp | #93 |
| 2016 | 6.73% | +0.58pp | #103 |
| 2015 | 6.15% | +0.66pp | #93 |
| 2014 | 7.08% | +2.98pp | #106 |
| 2013 | 5.65% | +1.89pp | #85 |
| 2012 | 3.76% | −0.72pp | #49 |
| 2011 | 4.47% | +0.36pp | #64 |
Detected Pattern
Analysis
Honduras matched the Orthodox Tightening Cycle pattern in 1997. Historically, 57% of countries showing this pattern (177 out of 311) saw unemployment rate improve within 24 months. View full analysis →
Frequently Asked Questions
Honduras's unemployment rate was 4.92% in 2025. Ranked 83rd globally. This represents a 38.5% decrease from the previous year.
Honduras's unemployment rate peaked at 10.98% in 2020.
The lowest unemployment rate in Honduras was 3.06% in 1992.
Honduras ranks 83rd globally in unemployment rate as of 2025.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
Honduras's unemployment rate is projected to reach 8.00% by 2025 based on IMF projection.
The unemployment rate of Honduras in 2025 was 4.92%. This ranks 83rd in the world.
Cite this page
@misc{historysaid_honduras_unemployment-rate,
title = {Honduras Unemployment Rate},
url = {https://historysaid.com/honduras/unemployment-rate/},
publisher = {HistorySaid},
year = {2026}
}