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.

Costa Rica Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-07 04:45 PM Unemployment Rate 9.3% 9.4% 9.7%
2018-05-07 01:30 PM Unemployment Rate 10.3% 9.3% 9.5%
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%
2019-02-07 04:45 PM Unemployment Rate 9.5%
2019-05-07 01:30 PM Unemployment Rate 9.3%
2019-08-07 10:00 PM Unemployment Rate 8.7%


Costa Rica Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.20 8.70 10.91 8.30 percent [+]
Unemployed Persons 242228.00 205141.00 242228.00 38708.00 [+]
Minimum Wages 5089.29 5089.29 5089.29 7.53 Index Points [+]
Population 4.95 4.91 4.95 1.33 Million [+]
Wages 630916.00 633490.00 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 61.10 60.90 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 2138140.00 2160036.00 2160036.00 1765039.00 [+]
Employment Rate 54.90 55.60 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.20 8.70 10.91 8.30 2010 - 2018 percent Quarterly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.40 Sep/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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