Unemployment Rate in Nicaragua decreased to 2.90 percent in March from 3 percent in February of 2026. Unemployment Rate in Nicaragua averaged 5.08 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 3.00 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.