The unemployment rate in Costa Rica rose to 11.3 percent in the first quarter of 2019 from 10.3 percent in the same period in the previous year, as the number of unemployed increased by 47.2 thousand to 276.3 thousand, while employment advanced 167.1 thousand to 2.171 million. The employment rate went up to 55.4 percent from 51.8 percent a year earlier, and the activity rate rose to 62.4 percent from 57.7 percent. Unemployment Rate in Costa Rica averaged 9.71 percent from 2010 until 2019, reaching an all time high of 12 percent in the fourth quarter of 2018 and a record low of 8.30 percent in the fourth quarter of 2013.

Unemployment Rate in Costa Rica is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Costa Rica to stand at 9.20 in 12 months time. In the long-term, the Costa Rica Unemployment Rate is projected to trend around 17.40 percent in 2020, according to our econometric models.

Costa Rica Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-07 10:00 PM Unemployment Rate 8.7% 10.3% 9.6%
2018-11-09 03:00 PM Unemployment Rate 10.2% 8.7% 9.2%
2019-02-04 05:00 PM Unemployment Rate 12% 10.2% 9.50%
2019-05-03 11:00 PM Unemployment Rate 11.3% 12% 9.30%
2019-08-01 10:00 PM Unemployment Rate 11.3% 10.7%
2019-11-01 03:00 PM Unemployment Rate 9.40%


Costa Rica Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.30 12.00 12.00 8.30 percent [+]
Unemployed Persons 276279.00 293914.00 293914.00 38708.00 [+]
Minimum Wages 5241.05 5241.05 5241.05 7.53 Index Points [+]
Population 5.00 4.95 5.00 1.33 Million [+]
Wages 651677.00 649451.00 792836.00 357554.00 CRC/Month [+]
Wages High Skilled 748700.00 762500.00 762500.00 728400.00 CRC/Month [+]
Wages Low Skilled 296600.00 298000.00 339500.00 296600.00 CRC/Month [+]
Labor Force Participation Rate 62.40 62.90 63.70 56.80 percent [+]
Living Wage Family 331800.00 331800.00 331800.00 331800.00 CRC/Month [+]
Living Wage Individual 209000.00 209000.00 209000.00 209000.00 CRC/Month [+]
Employed Persons 2171766.00 2165323.00 2171766.00 1765039.00 [+]
Employment Rate 55.40 55.40 57.79 51.16 percent [+]


Costa Rica Unemployment Rate

In Costa Rica, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Costa Rica Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.30 12.00 12.00 8.30 2010 - 2019 percent Quarterly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.70 Mar/19
Italy 10.20 Mar/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.70 Mar/19
Saudi Arabia 6.00 Dec/18
Canada 5.70 Apr/19
Australia 5.20 Apr/19
Indonesia 5.01 Mar/19
Russia 4.70 Apr/19
South Korea 4.10 Apr/19
United Kingdom 3.80 Mar/19
China 3.67 Mar/19
United States 3.60 Apr/19
India 3.53 Dec/18
Netherlands 3.30 Apr/19
Germany 3.20 Mar/19
Mexico 3.20 Mar/19
Japan 2.50 Mar/19
Switzerland 2.40 Apr/19
Singapore 2.20 Mar/19


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