Venezuela Unemployment Rate  Forecast


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Unemployment Rate in Venezuela is expected to be 25.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Venezuela to stand at 8.50 in 12 months time. In the long-term, the Venezuela Unemployment Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.


Venezuela Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.3 25 30 30 8.5 20
Employed Persons 13089081 12000000 12000000 12000000 13011896 12400000
Unemployed Persons 1035238 1500000 1600000 1600000 1153974 1350000
Minimum Wages 456507 433524 539534 643142 744193 1518244
Population 31.03 31.7 31.7 31.7 31.74 32.63
Employment Rate 92.67 91.83 91.72 91.62 91.53 90.8