Home → Uruguay → Employment → Unemployment Rate

Uruguay Unemployment Rate

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

Uruguay's unemployment rate was 7.52% in 2025, ranked 128th globally. This represents a 8.2% decrease from 2024. Data from World Bank, covering 1983–2025.

7.52% −0.67pp (-8.2%)
Year 2025 Rank #128 Global Peak 16.66% (2003) Source World Bank

Uruguay Unemployment Rate (1983–2025)

Overview

Uruguay's unemployment rate stood at 7.52% in 2025, a decline of +0.67pp from 2024. The IMF projects 7.93% by 2025. Uruguay ranked 128th globally.

Uruguay’s unemployment rate has fallen markedly since its all‑time peak of 16.66 % in 2003, declining to a trough of 6.31 % in 2011 before rising modestly to 7.52 % in 2025, placing the country at rank 128 globally. Over the 43‑year series, the labor market has shown resilience, with the post‑crisis recovery of the early 2010s driving the lowest level on record, while recent modest increases reflect broader regional dynamics. Compared with peers, Uruguay’s 2025 rate is slightly above Argentina’s 7.14 % and closely matches France’s 7.54 %, indicating a competitive position within both Latin American and advanced economies. The persistence of a sub‑8 % unemployment rate suggests that structural reforms in education and vocational training could sustain the downward trajectory, while external shocks such as commodity price volatility or regional economic slowdown would be the principal risks to further improvement.

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 7.93% - -
2025 7.52% −0.67pp #128
2024 8.21% −0.12pp #137
2023 8.36% +0.49pp #142
2022 7.88% −1.50pp #133
2021 9.33% −1.02pp #136
2020 10.41% +1.49pp #138
2019 8.84% +0.47pp #138
2018 8.34% +0.41pp #131
2017 7.89% +0.02pp #123
2016 7.84% +0.32pp #119
2015 7.49% +0.86pp #113
2014 6.55% +0.04pp #95
2013 6.44% +0.12pp #94
2012 6.45% +0.11pp #91
2011 6.31% −0.72pp #90
Show all years (1983-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.8% GDP growth -7.4% Unemployment 10.4%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Uruguay matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uruguay's unemployment rate?▾

Uruguay's unemployment rate was 7.52% in 2025. Ranked 128th globally. This represents a 8.2% decrease from the previous year.

What was the highest unemployment rate in Uruguay?▾

Uruguay's unemployment rate peaked at 16.66% in 2003.

What was the lowest unemployment rate in Uruguay?▾

The lowest unemployment rate in Uruguay was 6.31% in 2011.

How does Uruguay rank in unemployment rate?▾

Uruguay ranks 128th 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 Uruguay in 2025?▾

Uruguay's unemployment rate is projected to reach 7.93% by 2025 based on IMF projection.

What is the unemployment rate of Uruguay in 2025?▾

The unemployment rate of Uruguay in 2025 was 7.52%. This ranks 128th in the world.

Cite this page

APA
Uruguay Unemployment Rate. HistorySaid. Retrieved November 7, 2026, from https://historysaid.com/uruguay/unemployment-rate/
BibTeX
@misc{historysaid_uruguay_unemployment-rate, title = {Uruguay Unemployment Rate}, url = {https://historysaid.com/uruguay/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub