Colombia’s unemployment rate fell to 8.0% in May 2026 from 8.8% in the previous month, remaining below market expectations of 8.9% and marking the lowest reading for the month of May since 2001. The unemployment rate for women stood at 9.9%, while the rate for men was 6.6%, resulting in a gender gap of 3.3 percentage points. The number of unemployed people declined by 203,000 from a year earlier. The sharpest drop was recorded in rural areas and small population centers, where unemployment fell 30.5%, followed by the 13 main cities and metropolitan areas, where it declined 4.4%. For the rolling March–May 2026 period, the national unemployment rate averaged 8.5%. source: Dane, Colombia
Unemployment Rate in Colombia decreased to 8 percent in May from 8.80 percent in April of 2026. Unemployment Rate in Colombia averaged 11.48 percent from 2001 until 2026, reaching an all time high of 21.01 percent in May of 2020 and a record low of 7.00 percent in November of 2025. This page provides the latest reported value for - Colombia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
Unemployment Rate in Colombia decreased to 8 percent in May from 8.80 percent in April of 2026. Unemployment Rate in Colombia is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Unemployment Rate is projected to trend around 8.80 percent in 2027 and 8.50 percent in 2028, according to our econometric models.