Spain's unemployment rate fell to 13.80 percent in the fourth quarter of 2019 from 13.92 percent in the previous three-month period and below market expectations of 14.00 percent. That was the lowest jobless rate since the last quarter of 2008 as the number of unemployed declined by 22,500 to 3.192 million and employment rose by 92,600 to 19.967 million. Private sector employment went up by 67,900 while job growth in the public sector was 24,700. Across sectors, employment increased in services (up 83,000), agriculture (up 47,600) and construction (up 14,000), while a decline was seen in the industry sector (down 52,100). The labor force participation rate was little-changed at 58.74 percent.

Unemployment Rate in Spain averaged 16.47 percent from 1976 until 2019, reaching an all time high of 26.94 percent in the first quarter of 2013 and a record low of 4.41 percent in the third quarter of 1976. This page provides the latest reported value for - Spain Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: National Statistics Institute (INE)

Unemployment Rate in Spain is expected to be 14.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Spain to stand at 13.40 in 12 months time. In the long-term, the Spain Unemployment Rate is projected to trend around 12.90 percent in 2021, according to our econometric models.

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Spain Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.80 13.92 26.94 4.41 1976 - 2019 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-04-25 07:00 AM Q1 14.7% 14.45% 14.38% 14.5%
2019-07-25 07:00 AM Q2 14.02% 14.7% 13.7% 14.5%
2019-10-24 07:00 AM Q3 13.92% 14.02% 13.85% 14.0%
2020-01-28 08:00 AM Q4 13.8% 13.92% 14% 13.80%
2020-04-28 07:00 AM Q1 13.8% 14.50%
2020-07-28 07:00 AM Q2 13.70%
2020-10-27 08:00 AM Q3 13.80%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Spain Jobless Rate Drops to 11-Year Low
Spain's unemployment rate fell to 13.80 percent in the fourth quarter of 2019 from 13.92 percent in the previous three-month period and below market expectations of 14.00 percent. That was the lowest jobless rate since the last quarter of 2008 as the number of unemployed declined by 22,500 to 3.192 million and employment rose by 92,600 to 19.967 million. Private sector employment went up by 67,900 while job growth in the public sector was 24,700. Across sectors, employment increased in services (up 83,000), agriculture (up 47,600) and construction (up 14,000), while a decline was seen in the industry sector (down 52,100). The labor force participation rate was little-changed at 58.74 percent.
2020-01-28
Spain Jobless Rate Falls to Near 11-Year Low
The unemployment rate in Spain fell 13.92 percent in the third quarter of 2019 from 14.02 percent in the previous three-month period but above market forecast of 13.85 percent. It was the lowest jobless rate since the last quarter of 2008. Among regions, the lowest rates were recorded in Illes Balears (8.18 percent), Comunidad Foral de Navarra (8.19 percent), Cantabria (8.73 percent) and La Rioja (8.99 percent) while the highest in Melilla (28.99 percent), Ceuta (28.76 percent) and Andalucía (21.83 percent). In Catalonia, jobless rate was 10.87 percent and in Madrid 10.26 percent.
2019-10-24
Spain Jobless Rate Lowest Since 2008
The unemployment rate in Spain declined to 14.02 in the second quarter of 2019 from 14.70 percent in the previous period but above market expectations of 13.7 percent. It was the lowest jobless rate since the last quarter of 2008. Among regions, the lowest rates were recorded in Comunidad Foral de Navarra (7.58 percent), País Vasco (8.63 percent) and Cantabria (9.01 percent) and the highest in Melilla (26.21 percent), Ceuta (24.61 percent) and Andalucía (21.04 percent). In Catalonia, jobless rate was 11.17 percent and in Madrid 10.54 percent.
2019-07-25
Spain Jobless Rate Rises to 14.7% in Q1
The unemployment rate in Spain rose to 14.7 percent in the first quarter of 2019 from 14.45 percent in the previous period and above market expectations of 14.38 percent. Among regions, the highest rates were recorded in Extremadura (22.5 percent), Andalucía (21.1 percent) and Canarias (21.0 percent) and the lowest in Comunidad Foral de Navarra (8.2 percent), País Vasco (9.6 percent) and Aragón (10.5 percent). In Catalonia, jobless rate was 11.6 percent and in Madrid 11.7 percent.
2019-04-25

Spain Unemployment Rate
In Spain, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.