The number of unemployed persons in Venezuela decreased to 1018421 in December of 2018 from 1166087 in November of 2018. Unemployed Persons in Venezuela averaged 1259836.17 from 1999 until 2018, reaching an all time high of 2406251 in February of 2003 and a record low of 760063 in November of 2008. source: National Institute of Statistics, Venezuela

Unemployed Persons in Venezuela is expected to be 9000000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Venezuela to stand at 9400000.00 in 12 months time. In the long-term, the Venezuela Unemployed Persons is projected to trend around 9700000.00 in 2020, according to our econometric models.

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Venezuela Unemployed Persons
Venezuela Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.40 7.30 20.70 5.50 percent [+]
Employed Persons 15011108.00 14715518.00 15011108.00 8505814.00 [+]
Unemployed Persons 1018421.00 1166087.00 2406251.00 760063.00 [+]
Minimum Wages 150000.00 40000.00 5196000.00 4.00 VEF/Month [+]
Population 31.83 31.43 31.83 7.58 Million [+]
Employment Rate 93.65 92.66 94.47 79.30 percent [+]


Venezuela Unemployed Persons

In Venezuela, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Venezuela Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Unemployed Persons - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1018421.00 1166087.00 2406251.00 760063.00 1999 - 2018 Monthly
Volume, NSA




Country Last Previous
Argentina 1438.00 Jun/19 1338
Australia 726.10 Oct/19 709
Brazil 12.37 Oct/19 12.52
Canada 1194.30 Nov/19 1123
China 947.00 Jun/19 959
Euro Area 12334.00 Oct/19 12365
France 3330.70 Oct/19 3327
Germany 2180.00 Nov/19 2204
Indonesia 6871264.00 Dec/18 7005262
Italy 2513.87 Oct/19 2558
Japan 1660.00 Oct/19 1670
Mexico 2147638.00 Sep/19 2014496
Netherlands 326.00 Oct/19 324
Russia 3.50 Oct/19 3.4
Saudi Arabia 1002855.00 Jun/19 945323
Singapore 100.20 Dec/18 107
South Africa 6733.71 Sep/19 6655
South Korea 1026.00 Nov/19 977
Spain 3198.18 Nov/19 3178
Switzerland 106330.00 Nov/19 101684
Turkey 4566.00 Sep/19 4650
United Kingdom 1218.00 Oct/19 1185
United States 5811.00 Nov/19 5855


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