Unemployment Rate in Colombia decreased to 12.10 percent in March from 12.90 percent in February of 2022. source: Dane, Colombia

Unemployment Rate in Colombia averaged 11.80 percent from 2001 until 2022, reaching an all time high of 21.01 percent in May of 2020 and a record low of 7.33 percent in November of 2015. 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 May of 2022.

Unemployment Rate in Colombia is expected to be 12.30 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 12.00 percent in 2023, according to our econometric models.

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Colombia Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 04:00 PM Feb 12.9% 14.6% 13.5% 12.3%
2022-04-29 04:00 PM Mar 12.1% 12.9% 12.1% 12.1%
2022-05-31 04:00 PM Apr 12.1% 11.9%

Related Last Previous Unit Reference
Unemployment Rate 12.10 12.90 percent Mar 2022
Unemployed Persons 2990.33 3212.54 Thousand Mar 2022
Employment Rate 55.82 55.88 percent Mar 2022
Labor Force Participation Rate 64.20 62.60 percent Feb 2022

Colombia Unemployment Rate
In Colombia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
12.10 12.90 21.01 7.33 2001 - 2022 percent Monthly

News Stream
Colombia Jobless Rate Falls to 12.9% in February
The unemployment rate in Colombia fell to 12.9 percent in February of 2022 from 15.5 percent in the corresponding month of the previous year. The number of unemployed fell by 0.49 million to 3.21 million, while employment went up by 0.86 million to 21.7 million. Meanwhile, the employment rate increased to 55.9 percent from 52.8 percent.
Colombia Jobless Rate Rises 14.6% in January
The unemployment rate in Colombia rose 14.6 percent in January of 2022, easing from 17.5 percent in the corresponding month of the previous year, as the number of unemployed fell by 0.51 million to 3.55 million, while employment went up by 1.58 million to 20.70 million. Meantime, the employment rate increased to 53.4 percent from 50.1 percent, while the activity rate rose to 62.6 percent from 60.7percent.
Colombia Jobless Rate at 11 percent in December
The unemployment rate in Colombia fell to 11 percent in December of 2021 from 13.4 percent in the corresponding month of 2020. The number of unemployed persons dropped by 634 thousand to 2.670, while employed persons rose by 185 thousand to 21.593 million. Meanwhile, the employment rate declined to 53.2 and the activity rate went down to 59.8 percent from 61.6 percent.