Unemployment Rate in Nicaragua is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Nicaragua to stand at 3.70 in 12 months time. In the long-term, the Nicaragua Unemployment Rate is projected to trend around 3.60 percent in 2020, according to our econometric models.


Forecast Data Chart
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Nicaragua Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.3 4.2 3.9 3.7 3.7 3.6
Wages 10.7 11.6 12 11.44 11.59 13.6
Population 6.39 6.45 6.52 6.52 6.52 6.6
Living Wage Family 7510 7510 7900 7900 7900 7750
Living Wage Individual 4680 4680 4680 4680 4680 4680
Wages High Skilled 13600 12975 13082 13227 13082 13092
Wages Low Skilled 5400 5560 5700 5700 5700 5620