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Nicaragua Unemployment Rate 2020s

Unemployment as % of total labor force · World Bank
5.32% decade average (2020-2029)

Nicaragua's unemployment rate during the 2020s ranged from 4.70% (2023) to 6.18% (2020), averaging 5.32% over 6 years of data.

2020s Data
YearValueChangeRank
2020 6.18% +1.25pp 94th
2021 6.08% +1.26pp 97th
2022 4.97% +1.30pp 87th
2023 4.70% +1.17pp 87th
2024 4.98% +1.62pp 91st
2025 5.04% +1.68pp 87th