Unemployment Rate in Costa Rica increased to 10.20 percent in the third quarter of 2018 from 8.70 percent in the second quarter of 2018. Unemployment Rate in Costa Rica averaged 9.60 percent from 2010 until 2018, reaching an all time high of 10.91 percent in the third quarter of 2011 and a record low of 8.30 percent in the fourth quarter of 2013.
Unemployment Rate in Costa Rica is expected to be 9.50 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 9.40 in 12 months time. In the long-term, the Costa Rica Unemployment Rate is projected to trend around 9.30 percent in 2020, according to our econometric models.