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Mexico - Unemployment Rate 1989

Name: Mexico Unemployment Rate 1989
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Unemployment as % of total labor force · World Bank

2.93% −0.62pp from 1988 Global rank: 15th

Mexico's unemployment rate was 2.93% in 1989, decreased +0.62pp from 3.54% in 1988. This was the 15th highest globally.

Global Ranking - 1989▾

Unemployment Rate by Country - 1989
Rank	Country	Value	YoY
1st	Bulgaria	0.03%	-
2nd	Hungary	0.53%	14.7%
3rd	Switzerland	0.56%	-21.7%
4th	Hong Kong SAR, China	1.08%	-21.0%
5th	Luxembourg	1.40%	-8.7%
6th	Aruba	1.50%	-70.0%
7th	Iceland	1.66%	160.7%
8th	Singapore	1.78%	-31.1%
9th	Sweden	2.03%	-13.8%
10th	Japan	2.25%	-10.6%
11th	Cyprus	2.30%	-17.9%
12th	Austria	2.35%	-12.3%
13th	Korea	2.58%	2.3%
14th	Indonesia	2.86%	-1.0%
15th	Mexico	2.93%	-17.4%
16th	Finland	3.11%	-26.1%
17th	Pakistan	3.14%	0.0%
18th	Romania	3.40%	-8.1%
19th	Mauritius	3.60%	-7.4%
20th	Costa Rica	3.77%	-30.9%
21st	Malta	4.64%	-25.2%
22nd	Norway	4.91%	55.9%
23rd	Portugal	5.06%	-28.4%
24th	United States	5.26%	-4.3%
25th	Netherlands	5.67%	-9.2%
26th	Paraguay	6.10%	29.8%
27th	Australia	6.13%	-14.9%
28th	Honduras	6.67%	-4.0%
29th	Malaysia	6.72%	-16.9%
30th	Albania	6.72%	11.4%
31st	Germany	6.79%	-12.2%
32nd	Colombia	6.79%	5.3%
33rd	Denmark	6.83%	20.6%
34th	United Kingdom	7.23%	-15.7%
35th	New Zealand	7.33%	26.3%
36th	Belgium	7.37%	-16.6%
37th	Greece	7.50%	-2.6%
38th	Canada	7.51%	-3.4%
39th	Fiji	7.79%	-35.1%
40th	Ecuador	7.90%	12.9%
41st	Peru	7.90%	90.1%
42nd	Chile	7.98%	-19.2%
43rd	Argentina	8.00%	23.1%
44th	Uruguay	8.00%	-7.0%
45th	Türkiye	8.58%	-1.4%
46th	France	8.70%	-1.6%
47th	Israel	8.88%	38.2%
48th	El Salvador	9.07%	-10.6%
49th	Philippines	9.13%	-2.9%
50th	Italy	9.67%	-0.2%
51st	Jordan	10.28%	16.8%
52nd	Bahamas, The	11.70%	6.4%
53rd	Puerto Rico (US)	14.60%	-2.7%
54th	Nicaragua	15.00%	5.6%
55th	São Tomé and Principe	15.10%	10.8%
56th	Jamaica	15.20%	-20.4%
57th	Barbados	15.24%	-11.0%
58th	Sudan	17.23%	-3.6%
59th	Spain	17.24%	-10.4%
60th	South Africa	17.83%	3.4%
61st	Ireland	17.90%	-2.7%
62nd	Algeria	18.10%	-17.0%
63rd	Panama	18.94%	0.8%
64th	Cabo Verde	24.98%	1.7%

FAQ

What was Mexico's unemployment rate in 1989?▾

Mexico's unemployment rate in 1989 was 2.93%. This ranked 15th globally.

How did Mexico's unemployment rate change in 1989?▾

Mexico's unemployment rate decreased by 17.4% in 1989 compared to 1988.

Which country had the highest unemployment rate in 1989?▾

Cabo Verde had the highest unemployment rate in 1989 at 24.98%.

What is the unemployment rate of Mexico in 1989?▾

The unemployment rate of Mexico in 1989 was 2.93%. This ranked 15th globally.

How does 1989 compare to 1988 for Mexico's unemployment rate?▾

Mexico's unemployment rate went from 3.54% in 1988 to 2.93% in 1989, a 17.4% decrease.

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