The number of unemployed persons in Venezuela increased to 1035238 in April of 2016 from 1000943 in March of 2016. Unemployed Persons in Venezuela averaged 1289048.40 from 1999 until 2016, reaching an all time high of 2406251.00 in February of 2003 and a record low of 760063.00 in November of 2008.

Unemployed Persons in Venezuela is expected to be 5000000.00 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 8500000.00 in 12 months time. In the long-term, the Venezuela Unemployed Persons is projected to trend around 9500000.00 in 2020, according to our econometric models.

Venezuela Unemployed Persons
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Forecast Data Chart
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Venezuela Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.10 20.70 5.50 percent [+]
Employed Persons 13089081.00 13127644.00 13607057.00 8505814.00 [+]
Unemployed Persons 1035238.00 1000943.00 2406251.00 760063.00 [+]
Minimum Wages 450000000.00 180000000.00 450000000.00 4.00 VEF/Month [+]
Population 31.43 31.03 31.43 7.58 Million [+]
Employment Rate 92.67 92.92 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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1035238.00 1000943.00 2406251.00 760063.00 1999 - 2016 Monthly
Volume, NSA




Country Last Previous
Argentina 1239.00 Jun/18
Australia 672.05 Oct/18
Brazil 12.35 Oct/18
Canada 1124.80 Nov/18
China 968.00 Sep/18
Euro Area 13080.00 Oct/18
France 3425.90 Oct/18
Germany 2186.11 Nov/18
India 44.85 Dec/16
Indonesia 6871264.00 Dec/18
Italy 2746.18 Oct/18
Japan 1680.00 Oct/18
Mexico 1934278.00 Sep/18
Netherlands 337.00 Oct/18
Russia 3.61 Oct/18
Saudi Arabia 847917.00 Jun/18
Singapore 106.90 Dec/17
South Africa 6209.39 Sep/18
South Korea 1064.00 Nov/18
Spain 3196.95 Nov/18
Switzerland 110474.00 Nov/18
Turkey 3670.00 Aug/18
United Kingdom 992.60 Nov/18
United States 5975.00 Nov/18


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