Unemployment Rate in Nicaragua increased to 3.10 percent in January from 2.40 percent in December of 2025. Unemployment Rate in Nicaragua averaged 5.11 percent from 1963 until 2026, reaching an all time high of 17.80 percent in December of 1993 and a record low of 1.60 percent in December of 1963. source: Instituto Nacional de Información de Desarollo - INIDE

Unemployment Rate in Nicaragua is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Unemployment Rate is projected to trend around 2.20 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Minimum Wages 8000.46 7692.75 NIO/Month Mar 2025
Population 6.87 6.80 Million Dec 2024
Unemployment Rate 3.10 2.40 percent Jan 2026
Wages 14.06 13.79 NIO Thousands/Month Dec 2025


Nicaragua Unemployment Rate
In Nicaragua, 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
3.10 2.40 17.80 1.60 1963 - 2026 percent Monthly