Nicaragua Unemployment Rate - Forecast

Unemployment Rate in Nicaragua is expected to be 3.40 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 3.60 in 12 months time. In the long-term, the Nicaragua Unemployment Rate is projected to trend around 3.40 percent in 2020, according to our econometric models.


Nicaragua Unemployment Rate
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Nicaragua Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.3 3.4 3.5 3.5 3.6 3.4
Wages 10.69 11.5 11.6 12 11.61 13.6
Population 6.39 6.45 6.46 6.48 6.5 6.71
Wages High Skilled 12800 12975 12975 12975 13082 13092
Wages Low Skilled 5510 5560 5560 5560 5655 5620
Living Wage Family 7810 7810 7810 7900 7810 7900
Living Wage Individual 4840 4840 4840 4840 4840 4840