Unemployment Rate in Costa Rica decreased to 15.30 percent in the third quarter of 2021 from 18.10 percent in the second quarter of 2021. source: Instituto Nacional de Estadística y Censos de Costa Rica

Unemployment Rate in Costa Rica averaged 11.26 percent from 2010 until 2021, reaching an all time high of 24 percent in the second quarter of 2020 and a record low of 8.30 percent in the fourth quarter of 2013. This page provides - Costa Rica Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Unemployment Rate in Costa Rica is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Unemployment Rate is projected to trend around 13.80 percent in 2022 and 11.50 percent in 2023, according to our econometric models.

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Costa Rica Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2021-08-06 10:00 PM Q2 18.1% 18.5% 18.0%
2021-11-05 11:00 PM Q3 15.3% 18.1% 18.1%
2022-02-04 05:30 PM Q4

Related Last Previous Unit Reference
Unemployment Rate 15.30 18.10 percent Sep/21
Population 5.16 5.06 Million Dec/20
Employed Persons 2093648.00 1969363.00 Sep/21
Labor Force Participation Rate 59.50 60.80 percent Jun/21
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.